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Subsea 7 Director's Dealing 2019

May 10, 2019

6244_dirs_2019-05-10_84529fc0-5424-4676-a981-18211da2cfab.html

Director's Dealing

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Subsea 7 S.A. mandatory notification of share trades

Subsea 7 S.A. mandatory notification of share trades

Luxembourg - 10 May 2019 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces

mandatory notification of the following share transaction by a primary insider:

+-----------------------------------------------------------+

| PURCHASE OF SHARES |

+-----------------------------+-----------------------------+

| Name of Primary Insider | Siem Industries Inc. |

|   | |

+-----------------------------+-----------------------------+

| Position in Subsea 7 SA | Shareholder/Primary insider |

|   | |

+-----------------------------+-----------------------------+

| Date of Transaction | 10 May 2019 |

|   | |

+-----------------------------+-----------------------------+

| Type of Transaction | Market purchase |

|   | |

+-----------------------------+-----------------------------+

| Type of Security traded | Shares |

|   | |

+-----------------------------+-----------------------------+

| Number of shares transacted | 1,981,046 |

|   | |

+-----------------------------+-----------------------------+

| Price at transaction date | NOK 105.7011 |

|   | |

+-----------------------------+-----------------------------+

+---------------------------------------------------------------------------+

|AFTER THIS NOTIFICATION |

+----------------------------------------------+----------------------------+

| | * Owned Shares: 71,712,977|

| | * Performance Shares: Nil |

|Number of Shares owned by Primary Insider | * Restricted Shares: Nil |

+----------------------------------------------+----------------------------+

|Number of options available to Primary Insider| * Options: Nil |

+----------------------------------------------+----------------------------+

Contact for investment community enquiries:

Isabel Green

Investor Relations Director

Tel +44 20 8210 5568

[email protected]

www.subsea7.com