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Subsea 7 Major Shareholding Notification 2019

May 10, 2019

6244_dirs_2019-05-10_b911a691-229a-4f62-9428-40d360cfa0ab.pdf

Major Shareholding Notification

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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
Number of Shares owned by
Primary Insider

Owned Shares: 71,712,977

Performance Shares: Nil

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