The Supervisory Board of SBM Offshore N.V., hereby presents the Annual Report 2011 incorporating the Financial Statements to be discussed and adopted in the Annual General Meeting of Shareholders on Wednesday 16 May 2012.
The Financial Statements have been audited by the external auditors, KPMG Accountants N.V. Their findings have been discussed with the Audit Committee and the Supervisory Board in the presence of the Board of Management. The auditors have expressed an unqualified opinion on the Financial Statements.
The Supervisory Directors have signed the 2011 financial statements pursuant to their statutory obligations under article 2:101 (2) of the Dutch Civil Code.
The members of the Management Board have signed the 2011 financial statements pursuant to their statutory obligations under article 2: 101(2) of the Dutch Civil Code and article 5:25c (2) (c) of the Financial Market Supervision Act.