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TGS Share Repurchase

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Oslo, Norway (09 September 2021) – On period from 02 September 2021 to 08 September 2021, TGS ASA (TGS) purchased 95,705 own shares on the Oslo Stock Exchange at an average price of NOK 94.5578 per share. Following the purchase TGS holds 958,095 own shares, representing 0.817% of the total outstanding shares.

The shares were purchased in connection with the share repurchase announced on 11 February 2021.

Overview of transactions

Date

Aggregated daily volume (number of shares)

Weighted average share price per day (NOK)

Total daily transaction value (NOK)

2-Sep-21

15,705

95.9793

1,507,355

3-Sep-21

20,000

95.9669

1,919,338

6-Sep-21

20,000

94.6471

1,892,942

7-Sep-21

20,000

93.6871

1,873,742

8-Sep-21

20,000

92.8141

1,856,282

Previously disclosed buy-backs under the program (accumulated)

797,290

112.9015

90,015,199

Accumulated under the buy-back program

892,995

110.9355

99,064,858

The issuer's holding of own shares:

Following the completion of the above transactions, TGS owns a total of 958,095 own shares, corresponding to 0.817% of TGS' share capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

About TGS
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.

For more information, visit TGS.com or contact:

Sven Børre Larsen
Chief Financial Officer
investor@tgs.com

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