Subsea 7 — Director's Dealing 2016

Oct 5, 2016

Subsea 7 S.A. Mandatory notification of trade

Luxembourg – 05 October 2016 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces mandatory notification of transactions by primary insiders:

PURCHASE OF SHARES

Name of Primary Insider	Jean Cahuzac
Position in Subsea 7 SA	Chief Executive Officer
Date of Transaction	03/10/2016
Type of Transaction	Vesting (award) of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares purchased	7,088
Price purchased at	87.68 NOK

SALE OF SHARES

Name of Primary Insider	Jean Cahuzac
Position in Subsea 7 SA	Chief Executive Officer
Date of Transaction	03/10/2016
Type of Transaction	Sale of Shares to satisfy tax charge on vesting of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares sold	3,352
Price sold at	87.68 NOK

Name of Primary Insider	Jean Cahuzac
Number of Shares owned by Primary Insider	• Owned Shares: 96,302 • Performance Shares: 144,392 • Restricted Shares: Nil
Number of options available to Primary Insider	• Options: 100,000

Name of Primary Insider	John Evans
Position in Subsea 7 SA	Chief Operating Officer
Date of Transaction	03/10/2016
Type of Transaction	Vesting (award) of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares purchased	4,725
Price purchased at	87.68 NOK

SALE OF SHARES

Name of Primary Insider	John Evans
Position in Subsea 7 SA	Chief Operating Officer
Date of Transaction	03/10/2016
Type of Transaction	Sale of Shares to satisfy tax charge on vesting of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares sold	2,235
Price sold at	87.68 NOK

Name of Primary Insider	John Evans
Number of Shares owned by Primary Insider	• Owned Shares:32,438 • Performance Shares:102,595 • Restricted Shares: Nil
Number of options available to Primary Insider	• Options: Nil

Name of Primary Insider	Keith Tipson
Position in Subsea 7 SA	Executive Vice President Human Resources
Date of Transaction	03/10/2016
Type of Transaction	Vesting (award) of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares purchased	2,717
Price purchased at	87.68 NOK

SALE OF SHARES

Name of Primary Insider	Keith Tipson
Position in Subsea 7 SA	Executive Vice President Human Resources
Date of Transaction	03/10/2016
Type of Transaction	Sale of Shares to satisfy tax charge on vesting of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares sold	1,285
Price sold at	87.68 NOK

Name of Primary Insider	Keith Tipson
Number of Shares owned by Primary Insider	• Owned Shares: 23,363 • Performance Shares: 56,017 • Restricted Shares: Nil
Number of options available to Primary	• Options: 39,500
Insider

Name of Primary Insider	Nathalie Louys
Position in Subsea 7 SA	General Counsel
Date of Transaction	03/10/2016
Type of Transaction	Vesting (award) of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares purchased	2,480
Price purchased at	87.68 NOK

SALE OF SHARES

Name of Primary Insider	Nathalie Louys
Position in Subsea 7 SA	General Counsel
Date of Transaction	03/10/2016
Type of Transaction	Sale of Shares to satisfy tax charge on vesting of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares sold	1,273
Price sold at	87.68 NOK

Name of Primary Insider	Nathalie Louys
Number of Shares owned by Primary Insider	• Owned Shares: 3,814 • Performance Shares: 49,038 • Restricted Shares: Nil
Number of options available to Primary	• Options: 12,500
Insider

Name of Primary Insider	Oeyvind Mikaelsen
Position in Subsea 7 SA	Executive Vice President Commercial
Date of Transaction	03/10/2016
Type of Transaction	Vesting (award) of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares purchased	4,134
Price purchased at	87.68 NOK

SALE OF SHARES

Name of Primary Insider	Oeyvind Mikaelsen
Position in Subsea 7 SA	Executive Vice President Commercial
Date of Transaction	03/10/2016
Type of Transaction	Sale of Shares to satisfy tax charge on vesting of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares sold	1,939
Price sold at	87.68 NOK

Name of Primary Insider	Oeyvind Mikaelsen
Number of Shares owned by Primary Insider	• Owned Shares: 19,508 • Performance Shares: 86,396 • Restricted Shares: Nil
Number of options available to Primary Insider	• Options: 45,000

Name of Primary Insider	Ricardo Rosa
Position in Subsea 7 SA	Chief Financial Officer
Date of Transaction	03/10/2016
Type of Transaction	Vesting (award) of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares purchased	4,134
Price purchased at	87.68 NOK

SALE OF SHARES

Name of Primary Insider	Ricardo Rosa
Position in Subsea 7 SA	Chief Financial Officer
Date of Transaction	03/10/2016
Type of Transaction	Sale of Shares to satisfy tax charge on vesting of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares sold	1,955
Price sold at	87.68 NOK

Name of Primary Insider	Ricardo Rosa
Number of Shares owned by Primary Insider	• Owned Shares: 2,179 • Performance Shares: 83,396 • Restricted Shares: Nil
Number of options available to Primary Insider	• Options: Nil

Name of Primary Insider	Steve Wisely
Position in Subsea 7 SA	Senior Vice President i-Tech Services
Date of Transaction	03/10/2016
Type of Transaction	Vesting (award) of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares purchased	3,544
Price purchased at	87.68 NOK

SALE OF SHARES

Name of Primary Insider	Steve Wisely
Position in Subsea 7 SA	Senior Vice President i-Tech Services
Date of Transaction	03/10/2016
Type of Transaction	Sale of Shares to satisfy tax charge on vesting of performance shares
Type of Security traded	Subsea 7 S.A. Shares (SUBC)
Number of shares sold	1,676
Price sold at	87.68 NOK

AFTER THIS NOTIFICATION

Name of Primary Insider	Steve Wisely
Number of Shares owned by Primary Insider	• Owned Shares: 27,600 • Performance Shares: 71,196 • Restricted Shares: Nil
Number of options available to Primary Insider	• Options: Nil

Contact for investment community enquiries:

Isabel Green Investor Relations Director Tel +44 (0)20 8210 5568 isabel.green@subsea7.com www.subsea7.com