5.4GRI Content Index

This report has been prepared in accordance with the Global Reporting Initiative standards: Core option (General Disclosures and information linked to our Material Topics from version 2016 of the GRI standards − except G4-0G5, G4-0G6 and G4-0G13 and own indicators).

Standard

Disclosure

Reference /direct answer

1. Organizational profile

102-1

Name of the organization

SBM Offshore N.V

102-2

Activities, brands, products, and services

1.2, 1.6

102-3

Location of the organization’s headquarters

6.2

102-4

Location of operations

1.2

102-5

Ownership and legal form

3.5

102-6

Markets served

1.4

102-7

Scale of the organization

1.2 2.4

102-8

Information on employees and other workers

2.8, 5.3.3

102-9

Supply chain

1.6

102-10

Significant changes to the organization and its supply chain

No significant changes

102-11

Precautionary Principle or approach

Sustainability policy

102-12

External initiatives

2.3, 2.7.2, 2.11

102-13

Memberships of associations

2.11

2. Strategy

102-14

Statement from senior decision-maker

1.1

3. Ethics and integrity

102-16

Values, principles, standards, and norms of behavior

1.3

4. Governance

102-18

Governance structure

3.5

5. Stakeholder Engagement

102-40

List of stakeholder groups

5.1.3

102-41

Collective bargaining agreements

5.3.3

102-42

Identifying and selecting stakeholders

5.1.3

102-43

Approach to stakeholder engagement

5.1.3

102-44

Key topics and concerns raised

1.7, 5.1.2

6. Reporting practise

102-45

Entities included in the consolidated financial statements

4.3.30

102-46

Defining report content and topic Boundaries

1.7,5.2

102-47

List of material topics

1.7

102-48

Restatements of information

5.2.2

102-49

Changes in reporting

5.2.2, 5.2.4

102-50

Reporting period

calendar year 2019

102-51

Date of most recent report

February 14, 2019

102-52

Reporting cycle

annual

102-53

Contact point for questions regarding the report

6.2

102-54

Claims of reporting in accordance with the GRI Standards

5.1

102-55

GRI content index

5.4

102-56

External assurance

5.6, 5.1.1

Material Topics

Reporting standard

Disclosure

Reference/omission

Material topic: Economic Performance and Cost of ownership and Fleet management & Project Performance

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

2.4, 2.5

103-2 The management approach and its components

2.4, 2.5

103-3 Evaluation of the management approach

2.4, 2.5

GRI 201-1: Economic Performance

Direct economic value generated or distributed

4.2

Material topic: Pollution to Air & Sea and Environmental Impact

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

2.6, 5.2.2

103-2 The management approach and its components

2.6

103-3 Evaluation of the management approach

2.6

GRI 305-1 Emissions

Direct greenhouse gas (GHG) emissions (Scope 1)

5.3.2

GRI 305-2 Emissions

Energy indirect greenhouse gas (GHG) emissions (Scope 2)

5.3.2

GRI 305-7 Emissions

NOX , SOX , and other significant air emissions

5.3.2

G4-OG5

Volume and disposal of formation or produced water

5.3.2

G4-OG6

Volume of flared and vented hydrocarbon

5.3.2

Material topic: Employee Health, Safety and Security and Process Safety

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

2.6,2.7.1

103-2 The management approach and its components

2.6, 2.7.1

103-3 Evaluation of the management approach

2.6, 2.7.1

GRI 403-9 Occupational Health and Safety (2018)

Work-related Injuries

5.3.1

G4-OG13

Number of process safety events by business activity

5.3.1

Material topic: Human rights

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

2.11

103-2 The management approach and its components

2.11

103-3 Evaluation of the management approach

2.11

GRI 412-3 Human Rights Assessment

Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

2.10, 2.11

Material topics which SBM Offshore reports according to GRI and own indicators

Material topic: Human Capital Development & Retention

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

2.8, 5.2.4

103-2 The management approach and its components

2.8

103-3 Evaluation of the management approach

2.8

GRI 404-3 Training and Education

Percentage of employees receiving regular performance and career development reviews

5.3.3

Own Indicator

Employee Turnover rate

5.3.3

Material topic: Ethics & Compliance and Transparency, trust and reputation

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

1.3, 3.8

103-2 The management approach and its components

3.8

103-3 Evaluation of the management approach

3.8

Own indicator

Training on-corruption policies and procedures

3.8

GRI 205-3: Anti- corruption

Confirmed incidents of corruption and actions taken

3.8.

GRI 419-1: Socioeconomic Compliance

Non-compliance with laws and regulations in the social and economic area

5.2.5, 3.8,

Own Indicator

Publication of benchmark results

2.3

Material topics which SBM Offshore reports according to own indicators

Material topics: Innovation & Technology and Renewable Energy and Energy Transition

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

2.1, 2.9

103-2 The management approach and its components

2.9

103-3 Evaluation of the management approach

2.9

Own indicator

% of R&D investments in low-carbon technologies

2.9

Material topic: Operational Excellence / Quality and Digitalization & Standardization

GRI 103: Management approach

103-1 Explanation of the material topic and its Boundary

2.7

103-2 The management approach and its components

2.7

103-3 Evaluation of the management approach

2.7

Own indicator

Certification and classification performance on; ISO 9001, ISO 14001, OHSAS 18001 & ISM

5.5