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Subsea 7 — AGM Information 2020
Apr 7, 2020
6244_iss_2020-04-07_3b9bc2b5-5482-4181-98b3-d21c93f2ecbe.html
AGM Information
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Subsea 7 S.A. 2020 Annual General Meeting
Subsea 7 S.A. 2020 Annual General Meeting
Luxembourg - 7 April 2020 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today
announced that at the 2020 Annual General Meeting of shareholders (the "AGM") on
7 April 2020, all resolutions were approved by the general meeting.
In accordance with the Grand Ducal regulation of 20th March 2020, the AGM took
place without any physical presence. The minutes of the AGM which detail the
resolutions passed and the result of the votes cast in relation to each
resolution are attached hereto. The minutes can also be found on the Company's
website www.subsea7.com (http://www.subsea7.com).
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Subsea 7 is a global leader in the delivery of offshore projects and services
for the evolving energy industry, creating sustainable value by being the
industry's partner and employer of choice in delivering the efficient offshore
solutions the world needs.
Subsea 7 is listed on the Oslo Bors (SUBC), ISIN LU0075646355, LEI
222100AIF0CBCY80AH62.
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Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
www.subsea7.com
Forward-Looking Statements: Certain statements made in this announcement may
include 'forward-looking statements'. These statements may be identified by the
use of words like 'anticipate', 'believe', 'could', 'estimate', 'expect',
'forecast', 'intend', 'may', 'might', 'plan', 'predict', 'project', 'scheduled',
'seek', 'should', 'will', and similar expressions. The forward-looking
statements reflect our current views and are subject to risks, uncertainties and
assumptions. The principal risks and uncertainties which could impact the Group
and the factors which could affect the actual results are described but not
limited to those in the 'Risk Management' section in the Group's Annual Report
and Consolidated Financial Statements 2019. These factors, and others which are
discussed in our public announcements, are among those that may cause actual and
future results and trends to differ materially from our forward-looking
statements: actions by regulatory authorities or other third parties; our
ability to recover costs on significant projects; the general economic
conditions and competition in the markets and businesses in which we operate;
our relationship with significant clients; the outcome of legal and
administrative proceedings or governmental enquiries; uncertainties inherent in
operating internationally; the timely delivery of vessels on order; the impact
of laws and regulations; and operating hazards, including spills and
environmental damage. Many of these factors are beyond our ability to control or
predict. Other unknown or unpredictable factors could also have material adverse
effects on our future results. Given these factors, you should not place undue
reliance on the forward-looking statements.