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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

[email protected]

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.