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Subsea 7 S.A. mandatory notification of share trades


Luxembourg – 21 November 2022 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces mandatory notification of the following share transaction by a person discharging managerial responsibilities:

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Marcelo Lopes Xavier

2

Reason for the notification

a)

Position/status

Executive Vice President – Strategy & Sustainability

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Subsea 7 S.A.

b)

LEI

222100AIF0CBCY80AH62

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument
Identification code

Shares
Oslo Børs: SUBC
ISIN LU0075646355
LU0075646355

b)

Nature of the transaction

Share sale

c)

Price(s) and volume(s)

Price: NOK 105.85
Volume: 2,163

d)

Aggregated information

N/A

e)

Date of the transaction

2022-11-18

f)

Place of the transaction

Oslo Børs

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

*******************************************************************************
Subsea7 creates sustainable value by delivering the offshore energy transition solutions the world needs.

Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

*******************************************************************************

Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
ir@subsea7.com

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