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Subsea 7 Board/Management Information 2021

Jan 12, 2021

6244_iss_2021-01-12_0d2bc97f-36fb-4282-a520-45e92eb2b7ce.html

Board/Management Information

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Subsea 7 announces the death of a Director

Subsea 7 announces the death of a Director

Luxembourg - 12 January 2021 - the Board of Directors of Subsea 7 S.A. (Oslo

Børs: SUBC, ADR: SUBCY) announces with sympathy that Mr. Allen Stevens, Non-

Executive Director and Senior Independent Director, passed away on 10 January

Mr Stevens started in the shipping industry in financial planning at Sea Land

Service Inc. and subsequently served as Treasurer of McLean Industries Inc. from

1972 to 1988. As the right-hand man for Mr Malcolm McLean, he was instrumental

in building Sea Land to become a world leader of ocean transport of containers.

Mr Stevens served as Chairman and Director of Erie Shipbuilding from 2006 to

2009, and Chairman of Trailer Bridge Inc. from 2008 until 2012. He has also held

senior executive and management positions with Great Lakes Transport Limited. He

was Vice President and director of Masterworks Development Co., LLC. and co-

founder of the Club Quarters hotel chain.

The Board wish to express their gratitude for Allen's invaluable contribution to

the Company and extend their deepest condolences to his family.

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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 Børs (SUBC), ISIN LU0075646355, LEI

222100AIF0CBCY80AH62.

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Contact for investment community enquiries:

Katherine Tonks

Investor Relations Director

Tel +44 (0)20 8210 5568

[email protected]