PGS ASA

Director's Dealing • Aug 31, 2023

PGS ASA: REPORTING OF TRANSACTIONS MADE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM IN PGS ASA'S SHARES

Oslo, 31 August 2023: Pursuant to the Market Abuse Regulation article 19, PGS ASA (the "Company"), hereby notify receipt of information of the following transactions made by persons discharging managerial responsibilities in the Company and persons closely associated with them in the Company's shares and other financial instruments linked thereto.

1	Details of the Reporting Person / their Closely Associated Persons
a)	Name	Nathan Selvoy Oliver
2		Reason for the notification
a)	Position/status		Executive Vice President Sales & Services
b)	Initial notification /Amendment		Amendment to notification dated 25 August 2023
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	PGS ASA
b)	LEI	213800T66DRTE6O6BV87
4. 1	been conducted	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
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares in PGS ASA ISIN: NO 0010199151
b)	Nature of the transaction	Shares transferred to employees in connection with settlement of awarded Performance based Restricted Stock Units (PRSUs) under the Company's 2020 Long Term Incentive Plan (shares sold to cover tax liabilities)
c)	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
		7.3604	18 256
d)	Aggregated information - Aggregated volume	A total of 18 256 shares sold for an aggregate price of NOK 7.3604
	- Price	NOK 7.3604 per share
e)	Date of the transaction	2023-08-31
f)	Place of the transaction	Oslo Stock Exchange

1	Details of the Reporting Person / their Closely Associated Persons
a)	Name	Lars Ragnar van der Bijl Mysen
2	Reason for the notification
a)	Position/status	General Counsel
b)	Initial notification /Amendment	Amendment to notification dated 25 August 2023
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	PGS ASA
b)	LEI		213800T66DRTE6O6BV87
4. 1	been conducted	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
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares in PGS ASA ISIN: NO 0010199151
b)	Nature of the transaction	Shares transferred to employees in connection with settlement of awarded Performance based Restricted Stock Units (PRSUs) under the Company's 2020 Long Term Incentive Plan (shares sold to cover tax liabilities)
c)	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
		7.3604	6 329
d)	Aggregated information - Aggregated volume	A total of 6 329 shares sold for an aggregate price of NOK 7.3604
	- Price	NOK 7.3604 per share
e)	Date of the transaction	2023-08-31
f)	Place of the transaction	Oslo Stock Exchange

1	Details of the Reporting Person / their Closely Associated Persons
a)	Name	Erik Ewig
2	Reason for the notification
a)	Position/status	Senior Vice President Technology & Digitalization
b)	Initial notification /Amendment	Amendment to notification dated 25 August 2023
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	PGS ASA
b)	LEI	213800T66DRTE6O6BV87
4	been conducted	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
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares in PGS ASA ISIN: NO 0010199151
b)	Nature of the transaction	Shares transferred to employees in connection with settlement of awarded Performance based Restricted Stock Units (PRSUs) under the Company's 2020 Long Term Incentive Plan (shares sold to cover tax liabilities)
c)	Price(s) and volume(s)	Price(s) in Volume(s) NOK 7.3604 9 737
d)	Aggregated information - Aggregated volume	A total of 9 737 shares sold for an aggregate price of NOK 7.3604
	- Price	NOK 7.3604 per share
e)	Date of the transaction	2023-08-31
f)	Place of the transaction	Oslo Stock Exchange

1	Details of the Reporting Person / their Closely Associated Persons
a)	Name	Kai Reith
2	Reason for the notification
a)	Position/status	Senior Vice President Corporate Development
b)	Initial notification /Amendment	Amendment to notification dated 25 August 2023
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	PGS ASA
b)	LEI	213800T66DRTE6O6BV87
4. 1	been conducted	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
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares in PGS ASA ISIN: NO 0010199151
b)	Nature of the transaction	Shares transferred to employees in connection with settlement of awarded Performance based Restricted Stock Units (PRSUs) under the Company's 2020 Long Term Incentive Plan (all shares sold to receive cash net of tax liabilities)
c)	Price(s) and volume(s)	Price(s) in Volume(s) NOK
		7.3604 12 657
d)	Aggregated information - Aggregated volume	A total of 12 657 shares sold for an aggregate price of NOK 7.3604
	- Price	NOK 7.3604 per share
e)	Date of the transaction	2023-08-31
f)	Place of the transaction	Oslo Stock Exchange

1	Details of the Reporting Person / their Closely Associated Persons
a)	Name	Bård Stenberg
2	Reason for the notification
a)	Position/status	Vice President Investor Relations & Corporate Communications
b)	Initial notification /Amendment	Amendment to notification dated 25 August 2023
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	PGS ASA
b)	LEI	213800T66DRTE6O6BV87
4. 1	been conducted	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
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares in PGS ASA ISIN: NO 0010199151
b)	Nature of the transaction	Shares transferred to employees in connection with settlement of awarded Performance based Restricted Stock Units (PRSUs) under the Company's 2020 Long Term Incentive Plan (shares sold to cover tax liabilities)
c)	Price(s) and volume(s)	Price(s) in Volume(s) NOK
		7.3604 5 598
d)	Aggregated information - Aggregated volume	A total of 5 598 shares sold for an aggregate price of NOK 7.3604
	- Price	NOK 7.3604 per share
e) f)	Date of the transaction Place of the transaction	2023-08-31 Oslo Stock Exchange

1	Details of the Reporting Person / their Closely Associated Persons
a)	Name	Gunhild Myhr
2	Reason for the notification
a)	Position/status	Alternate Board Member
b)	Initial notification /Amendment	Amendment to notification dated 25 August 2023
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	PGS ASA
b)	LEI	213800T66DRTE6O6BV87
4. 1	been conducted	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
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares in PGS ASA ISIN: NO 0010199151
b)	Nature of the transaction	Shares transferred to employees in connection with settlement of awarded Performance based Restricted Stock Units (PRSUs) under the Company's 2020 Long Term Incentive Plan (shares sold to cover tax liabilities)
c)	Price(s) and volume(s)	Price(s) in Volume(s) NOK 7.3604 1 826
d)	Aggregated information - Aggregated volume	A total of 1 826 shares sold for an aggregate price of NOK 7.3604
	- Price	NOK 7.3604 per share
e)	Date of the transaction	2023-08-31
f)	Place of the transaction	Oslo Stock Exchange

1	Details of the Reporting Person / their Closely Associated Persons
a)	Name	Christopher Watts
2	Reason for the notification
a)	Position/status	Alternate Board Member
b)	Initial notification /Amendment	Amendment to notification dated 25 August 2023
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	PGS ASA
b)	LEI	213800T66DRTE6O6BV87
4. 1	been conducted	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
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares in PGS ASA ISIN: NO 0010199151
b)	Nature of the transaction	Shares transferred to employees in connection with settlement of awarded Performance based Restricted Stock Units (PRSUs) under the Company's 2020 Long Term Incentive Plan (all shares sold to receive cash net of tax liabilities)
c)	Price(s) and volume(s)	Price(s) in Volume(s) NOK 7.3604 4 868
d)	Aggregated information - Aggregated volume - Price	A total of 4 868 shares sold for an aggregate price of NOK 7.3604
		NOK 7.3604 per share
e)	Date of the transaction	2023-08-31
f)	Place of the transaction	Oslo Stock Exchange