Subsea 7 - Director's Dealing 2021

Subsea 7 S.A. mandatory notification of share trades

Luxembourg - 23 March 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY)

announces mandatory notification of the following share transaction by a primary

insider:

Siem Industries S.A. which is represented on the board of Subsea 7 S.A. by

Kristian Siem announced that, on 22 March 2021, it sold 4,000,000 shares in

Subsea 7 S.A. (OSE symbol SUBC), at a price of NOK90.9946 per share. Following

this transaction, the aggregate number of shares held by Siem Industries SA. in

Subsea 7 S.A. is 69,035,377.

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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 20 8210 5568

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