PGS ASA — Major Shareholding Notification 2021

Apr 30, 2021

Disclosure of Large Shareholding (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 10% threshold

Circumstances triggering the disclosure obligation:

Sale of shares

Name of Issuer:

PGS ASA

Issuer ISIN:

NO0010199151

Date of transaction:

3/29/2021 1,581,335

3/30/2021 1,277,605

3/31/2021 3,650,000

4/6/2021 614,869

4/7/2021 879,304

4/8/2021 142,564

4/9/2021 2,450,000

4/12/2021 1,645,766

4/13/2021 848,584

4/14/2021 1,385,042

4/15/2021 695,234

4/16/2021 630,265

4/19/2021 427,256

4/22/2021 550,537

4/27/2021 83,812

4/28/2021 977,140

4/29/2021 1,470,322

Number of shares sold:

19,309,635

Resulting holding:

following the transaction, 37,997,594 a total of shares are held, equivalent to 9.64% of shares outstanding.