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PGS ASA

Declaration of Voting Results & Voting Rights Announcements Sep 5, 2022

3712_mrq_2022-09-05_5258e3fc-1ffd-477e-a23d-c77ba7d118c3.pdf

Declaration of Voting Results & Voting Rights Announcements

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Oslo BØrs Box 460 Sentrum 0105 Oslo Norway

02nd September 2022

Dear Sir / Madam,

Disclosure of Voting Rights in Shares

M&G Plc controls voting rights in 33,391,523 shares of PGS, which estimates to a 4.91% holding, 10,891,722 shares out on loan (right of recall), which estimates to 1.60%, and therefore total interest in 44,283,245 shares, which estimates to a 6.51% holding as of 1st September 2022 based on the total number of shares/voting rights of 680,299,714.

This notification is due to the implementation of Directive 2013/50/EU, effective 1st September 2022. According to the amended regulations, lending, borrowing, return and receival of lent shares are to be notified as acquisition and sale of shares. The table below shows the split between lent and normal shares.

All shares attributed to M&G Plc are managed by M&G Investment Management Limited.

Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held:

Shareholders Number of
Normal
Shares/
Voting Rights
Percentage of
Normal
Shares/Voting
Rights
Number of
Lent
Shares/Voting
Rights
Percentage of
Lent
Shares/Voting
Rights
Total Number
of Shares
Total
Percentage of
Shares/Voting
Rights
M&G Plc
(Ultimate parent)
33,391,523 4.91% 10,891,722 1.60% 44,283,245 6.51%
M&G Group Regulated Entity
Holding Company Limited (wholly
owned subsidiary of M&G Plc)
33,391,523 4.91% 10,891,722 1.60% 44,283,245 6.51%
M&G Group Limited
(wholly owned subsidiary of M&G
Group Regulated Entity Holding
Company Limited)
33,391,523 4.91% 10,891,722 1.60% 44,283,245 6.51%
M&G FA Limited
(wholly owned subsidiary of M&G
Group Limited)
33,391,523 4.91% 10,891,722 1.60% 44,283,245 6.51%
M&G Investment Management
Limited
(wholly owned subsidiary of M&G
FA Limited)
33,391,523 4.91% 10,891,722 1.60% 44,283,245 6.51%
M&G Luxembourg S.A.
(wholly owned subsidiary of M&G
FA Limited)
32,333,949 4.75% 10,891,722 1.60% 43,225,671 6.35%
The Prudential Assurance
Company Limited
(wholly owned subsidiary of M&G
Group Regulated Entity Holding
Company Limited)
22,607,870 3.32% 10,891,722 1.60% 33,499,592 4.92%

If you have any queries please contact me on the telephone number or email shown below.

Yours faithfully,

Owen Smith for and on behalf M&G Investment Management Limited Email - M&[email protected]

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