PGS ASA — Major Shareholding Notification 2023

Nov 10, 2023

Disclosure of large Shareholdings on behalf of UBS Group AG

Disclosure of large Shareholdings on behalf of UBS Group AG

Name of the person obliged to notify: UBS Group AG

Residing at: Bahnhofstrasse 45

CH-8001 Zurich

Date of event: 9 th November 2023

Event triggering the notification: Disposal of Financial Instruments.

Total new holding: 59’202’394 representing 6.20% of the 955’310’440 voting

rights and of the share capital out of which 40’644’565

equivalent to 4.25% are held through financial instruments.

The shares and financial instruments are held indirectly by UBS

Group AG and directly by its subsidiaries: UBS AG, UBS

Switzerland AG, UBS Asset Management (UK) Limited, UBS

Fund Management (Switzerland) AG, Credit Suisse Funds AG.