TGS ASA — Director's Dealing 2021

Aug 30, 2021

Mandatory Notification of Trades

Mandatory Notification of Trades

OSLO, Norway (30 August 2021) - In February 2019, TGS implemented an

Employee Share Purchase Plan (ESPP) pursuant to which eligible employees can

purchase TGS

common shares at a discount through payroll deductions. The ESPP operates

in six-month periods, and at the end of each period, employees have the option

to purchase stock at a 15% discount to the market price at the time of purchase.

The plan sets a maximum purchase of 100 shares per employee per six-month

period. ESPP dividends are reinvested in shares.

On 26 August 2021, from both the purchase and the dividend reinvestment, the

following primary insiders received shares as participants in the ESPP. The

attached schedule reflects the holdings of the primary insiders following

the purchase and dividend reinvestment.

---- Kristian Kuvaas Johansen - 104 shares

---- William Ashby - 4 shares

---- Tana LaDon Pool - 104 shares

---- Sven Borre Larsen - 100 shares

---- Tanya Herwanger - 126 shares

---- Amund Soia -- 71 Shares

---- Whitney Eaton - 101 Shares

About TGS

TGS provides scientific data and intelligence to companies active in the energy

sector. In addition to a global, extensive and diverse energy data library, TGS

offers specialized services such as advanced processing and analytics alongside

cloud-based data applications and solutions.

Forward Looking Statement

All statements in this press release other than statements of historical fact

are forward-looking statements, which are subject to a number of risks,

uncertainties and assumptions that are difficult to predict, and are based upon

assumptions as to future events that may not prove accurate. These factors

include TGS' reliance on a cyclical industry and principal customers, TGS'

ability to continue to expand markets for licensing of data, and TGS' ability to

acquire and process data product at costs commensurate with profitability, as

well as volatile market conditions, which have been exacerbated by the COVID-19

pandemic and the severe drop in oil prices.  Actual results may differ

materially from those expected or projected in the forward-looking statements.

TGS undertakes no responsibility or obligation to update or alter forward-

looking statements for any reason.

For more information, visit TGS.com (http://www.tgs.com) or contact:

Sven Børre Larsen

CFO

investor@tgs.com (mailto:investor@tgs.com)

+47 90 94 36 73