Reach Subsea

Notice of Dividend Amount • May 8, 2024

Key information relating to proposed cash dividend

Key information relating to proposed cash dividend

Reference is made to the stock exchange announcement from Reach Subsea ASA sent

today with notice for the Annual General Meeting 31 May 2024. The Board of

Directors of Reach Subsea ASA has decided to propose a cash dividend of NOK 0.36

per share for the financial year 2023.

Key information relating to cash dividend to be paid by Reach Subsea ASA:

Key information:

Dividend amount: 0.36 per share

Declared currency: NOK

Date of approval: 31 May 2024

Last day including right: 31 May 2024

Ex-date: 3 June 2024

Record date: 4 June 2024

Payment date: on or about 11 June 2024

For more 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, Brazil and Australia. 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.

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act. This stock exchange announcement

was published by Jorunn Håvardsholm, Communications and Marketing Director at Reach

Subsea AS on the time and date provided.