Seaway 7 ASA

Director's Dealing • Mar 29, 2023

Notification of transactions by Primary Insiders and Close Associates

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Subsea 7 S.A.
b)	Org. No.	R.C.S. Luxembourg B 43172
2	Reason for the notification
a)	Position/status	Subsea 7 S.A. is closely associated with a Primary Insider. The Primary Insider is a member of the board of directors of Seaway 7 ASA, Kristian Siem.
b)	Initial notification / Amendment	Initial notification
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
a)	Name	Seaway 7 ASA
b)	LEI	984500D47BF2D47T7F41
4	been conducted	Details of the transaction(s): section to the 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	Shares in Seaway 7 ASA
	Identification code	ISIN shares: NO0010893803
b)	Nature of the transaction	Receipt of acceptances under the voluntary offer announced by Subsea 7 S.A. on 13 March 2023.
c)	Price(s) and volume(s)	Price(s):	Volume(s):
		See comment below	220,450 shares
d)	Aggregated information
	- Aggregated volume	Aggregated volume of new shares: 220,450 shares
	- Price	Average price per new share: See comment below
		Total amount: See comment below
e)	Date of the transaction	2023-03-29 (29 March 2023)
f)	Place of the transaction	Outside a trading venue.
g)	Comment:	Sellers will receive shares in Subsea7 as consideration under the voluntary offer expected to close on or about 24 April 2023.