Subsea 7 - Remuneration Information 2014

Subsea 7 S.A. announces details of incentive schemes and share related awards

Luxembourg - 24 September 2014 - Subsea 7 S.A. (Oslo

Børs: SUBC; the Company) in accordance with the Oslo

Børs rules, today announces details of awards under

its 2013 Long-Term Incentive Plan (the Plan) approved

by the Company's Board of Directors on 23 September

The Company will make awards over 1,658,000

performance shares, subject to the Plan's performance

conditions on 1 October 2014. The award made will be

satisfied by treasury shares held indirectly by

Subsea 7 Investing (Bermuda) Limited and unallocated

shares held within Appleby Trust (Jersey) Limited.

The following Primary Insiders were awarded

performance shares under the Plan and subsequently

hold the following shares and options over shares:

Performance Shares Awarded Total

Performance Shares(¹) Total Owned Shares Total

Options

Jean Cahuzac Chief Executive Officer 70,000

190,000 92,566 100,000

Ricardo Rosa Chief Financial Officer 40,000

110,000 Nil Nil

John Evans Chief Operating Officer 48,000

128,000 29,948 Nil

Nathalie Louys General Counsel 23,000 62,000 2,607

22,500

Keith Tipson Executive VP - HR 28,000 73,500

21,931 61,500

Steve Wisely Executive VP - Commercial 34,000

94,000 25,732 Nil

¹Total performance shares held include the awards

made in 2014 and represent the maximum award due to

vest assuming all performance conditions are met.

This message is submitted on behalf of the Company

and Subsea 7 Investing (Bermuda) Limited, as well as

the named Primary Insiders.

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