Subsea 7 — AGM Information 2020

Feb 26, 2020

Subsea 7 S.A. announcement of Annual General Meeting

Luxembourg – 26 February 2020 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that the Annual General Meeting (the "AGM") is scheduled to take place at 15:00 (local time) on 7 April 2020 at the Company's registered office, 412F, route d'Esch, L-2086 Luxembourg.

The proposed agenda and the notice to convene the AGM will be published and distributed to eligible shareholders on 17 March 2020. The Board of Directors will not recommend a dividend to the shareholders.

The holders of common shares and American Depositary Receipts ("ADRs") on record at the close of business on 4 March 2020 will be entitled to vote. The deadline for submission of votes for holders of ADRs is 2020 and for holders of common shares is 2 April 2020.

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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. ★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★

Contact for investment community enquiries:

Katherine Tonks Investor Relations Director Tel +44 20 8210 5568 Katherine.Tonks@subsea7.com www.subsea7.com

Forward-Looking Statements: Certain statement may include: forward-looking statements: These statements may be identified by the use of words like 'anticipate', 'could', 'estimate', 'expect', 'intend', 'may', 'might', 'plan', 'predic', '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 rise which could impact the Group and the factors which could affect the actual results are described but not limited to the 'Risk Management' section in the Group's Annual Report and Consolidated Financial Statements 2018. These factors, and others which are discussed in our public announcements, are among thore results and trends to differ materially from our forward-looking statements: actions by regulatory authortites; our ability to recover costs on significant projects; the general economic condition in the markets and businesses in which we operate; our relationship with significant clients; the outcome of legal and administrative proceedings or governmental enquiries; 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 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.