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Subsea 7 Major Shareholding Notification 2018

Oct 23, 2018

6244_mrq_2018-10-23_7566a758-e119-4e03-adee-cf256e4761bf.html

Major Shareholding Notification

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Subsea 7 S.A. Notification of major holdings

Subsea 7 S.A. Notification of major holdings

Luxembourg - 23 October 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the Company) announces that, on 22 October 2018, BlackRock Inc. informed the Company that on 19 October 2018, following market disposals, the percentage of voting rights in the Company (attached to shares or through financial instruments) held by BlackRock Inc. crossed below the 5% threshold provided for by Luxembourg's Transparency Law of 11 January 2008 on transparency requirements for issuers of securities.

A copy of the notification received from BlackRock Inc. is available on the Subsea 7 website www.subsea7.com.

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Subsea 7 S.A. is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry. We provide technical solutions to enable the delivery of complex projects in all water depths and challenging environments.

Subsea 7 is listed on the Oslo Bors (SUBC), ISIN LU0075646355.

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Contact:

Isabel Green

Investor Relations Director

Subsea 7 S.A.

Tel +44 (0)20 8210 5568

[email protected]

www.subsea7.com