PGS ASA

Disclosure of Large Shareholding (PGS ASA)

Name of Person Subject to Notification Requirement: Board of Regents of the University of Texas Systems

Name Shareholder: Board of Regents of the University of Texas Systems

Background for Notification: Crossing below the 5% threshold

Circumstances triggering the disclosure obligation: Sale of shares

Name of Issuer: PGS ASA

Issuer ISIN: NO0010199151

Date of transactions:

5/3/2021 456,962

5/4/2021 993,903

5/5/2021 660,210

5/6/2021 697,436

5/7/2021 366,800

5/10/2021 468,494

5/11/2021 665,373

5/12/2021 684,337

5/14/2021 538,975

5/18/2021 867,300

5/21/2021 3,416

5/25/2021 158,654

5/27/2021 1,075,018

5/28/2021 231,666

5/31/2021 309,531

6/1/2021 1,905,109

6/2/2021 473,699

6/3/2021 542,194

6/4/2021 675,873

6/7/2021 869,435

6/8/2021 360,429

6/9/2021 469,649

6/10/2021 338,861

6/11/2021 277,130

6/14/2021 558,632

6/15/2021 23,348,508

Number of shares sold: 37,997,594

Resulting holding: following the transactions, no shares are held.

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