PGS ASA — Major Shareholding Notification 2023

Oct 25, 2023

PGS ASA - Disclosure of large shareholdings under the Securities Trading Act

PGS ASA - Disclosure of large shareholdings under the Securities Trading Act

Name of the person obliged to notify: UBS Group AG

Residing at: Bahnhofstrasse 45

CH-8001 Zurich

Date of event: October, 24th 2023

Event triggering the notification: Acquisition of shares

Total new holding: 48’078’624 shares representing 5.03% of the 955’310’440

voting rights and of the share capital 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 (Schweiz)

AG, Credit Suisse Funds AG.