Reach Subsea

Director's Dealing • Aug 24, 2023

Reach Subsea ASA - Mandatory notification of trade - primary insider

Reach Subsea ASA - Mandatory notification of trade - primary insider

Market: XOSL - Oslo Børs

Issuer: Reach Subsea ASA,

LEI number: 5967007LIEEXZXK7FS45

Instrument: REACH,

ISIN NO0003117202

Bård Thuen Høgheim, member of the Executive Management of Reach Subsea ASA, has on 23 August 2023, purchased 19 375 shares in Reach Subsea ASA at NOK 4,37 per share. In total, the transaction amounted to NOK 84,668,75. The total number of shares beneficially owned by Høgheim after the transaction is 630 000, of which all shares are owned by Bård Thuen Høgheim.

Audun Brandtzæg, member of the Executive Management of Reach Subsea ASA, has on 23 August 2023, purchased 50 000 shares in Reach Subsea ASA at NOK 4,34 per share. In total, the transaction amounted to NOK 217 000. The total number of shares beneficially owned by Brandtzæg after the transaction is 150 000, of which all shares are owned by Audun Brandtzæg.

This information is subject to the disclosure requirements in Regulation EU 596/2014 (Market Abuse Regulation) article 19 number 3 and the Norwegian Securities Trading Act § 5-12.

For further information, please contact:

Birgitte Wendelbo Johansen

Chief Financial Officer

Reach Subsea ASA

bwj@reachsubsea.no

About Reach Subsea:

Reach Subsea ASA Group offers high quality solutions and technology to clients in need of ocean data and services. Services are offered out of our head office in Haugesund as well as from our subsidiaries and branches located across Norway, US, UK, Cyprus, Singapore, Trinidad and Brazil. The Group’s objective is to be a preferred partner and full-service provider of ocean services for clients, focusing on safety, environment, financial solidity and profitability. Our vision “Sustainable access to ocean space” underpins our commitment to the development of sustainable solutions, with stakeholder groups key interests in focus.