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Subsea 7 Director's Dealing 2024

Jul 26, 2024

6244_dirs_2024-07-26_207fb1b9-9df8-4d32-858a-1995166dddcc.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 -26 July 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces

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

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

|1 |Details of the person discharging managerial responsibilities/person |

| |closely associated |

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

|a)|Name |Phillip SIMONS |

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

|2 |Reason for the notification |

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

|a)|Position/status |Executive Vice President Projects and |

| | |Operations |

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

|b)|Initial notification/ Amendment |Initial Notification |

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

|3 |Details of the issuer, emission allowance market participant, auction |

| |platform, auctioneer or auction monitor |

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

|a)|Name |Subsea 7 S.A. |

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

|b)|LEI |222100AIF0CBCY80AH62 |

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

|4 |Details of the transaction(s): section to be repeated for (i) each type of |

| |instrument; (ii) each type of transaction; (iii) each date; and (iv) each |

| |place where transactions have been conducted |

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

|a)|Description of the financial |Subsea 7 S.A. Shares |

| |instrument, type of instrument | |

| |Identification code |  |

| | |Oslo Børs: SUBC |

| | |ISIN LU0075646355 |

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

|b)|Nature of the transaction |Sale of shares |

| | |  |

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

|c)|Price(s) and volume(s) |Price: NOK 209.65 |

| | |Volume: 8,000 |

| | |  |

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

|d)|Aggregated information |As above |

| |  | |

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

|e)|Date of the transaction |2024-07-25 |

| | |  |

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

|f)|Place of the transaction |Oslo Stock Exchange - XOSL |

| | |  |

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

***********************************************************************************************

Subsea7 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.

Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI

222100AIF0CBCY80AH62.

**************************************************************************************************

Contact for investment community enquiries:

Investor Relations

Tel +44 20 8210 5568

[email protected]

www.subsea7.com (http://www.subsea7.com)

This information is subject to disclosure requirements of the EU Market Abuse

Regulation and the Norwegian Securities Trading Act.

This stock exchange release was published by Investor Relations, Subsea7, on 26

July 2024 at 13:00 CET.