TGS ASA

Major Shareholding Notification • Jun 27, 2024

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: TGS ASA

LEI: 549300NUPLAXPB0WYH90

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[X] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name: The Goldman Sachs Group, Inc. City and country of registered office (if applicable): Corporation Trust Centre, 1209 Orange Street, Wilmington DE 19801, USA

4. Full name of shareholder(s) (if different from 3.)v : Goldman Sachs International

5. Date on which the threshold was crossed or reachedvi: 25/06/2024

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights at tached to shares (to tal of 7.A)	% of voting rights through financial instru ments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of is suervii
Resulting situation on the date on which threshold was crossed or reached	1.48%	8.93%	10.42%	131,035,143
Position of previous notification (if appli cable)	0.08%	6.44%	6.52%

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares Class/type of

shares ISIN code (if possi ble)	Number of voting rightsix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)
NO0003078800		1,943,661		1.48%
SUBTOTAL A	1,943,661		1.48%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial in strument	Expiration datex	Exercise/ Conversion Periodxi	Number of voting rights that may be ac quired if the instrument is exercised/ con verted.	% of voting rights
Securities Lending	Open		5,435,504	4.15%
		SUBTOTAL B.1	5,435,504	4.15%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of financial instrument	Expiration datex	Exercise/ Conversion Pe riod xi	Physical or cash settlementxii	Number of voting rights	% of voting rights
Swap	21/09/2026		Cash	3,200,751	2.44%
Swap	19/09/2028		Cash	1,027,895	0.78%
Swap	17/08/2026		Cash	441,497	0.34%
Swap	31/05/2034		Cash	407,958	0.31%
Swap	30/04/2025		Cash	268,174	0.20%
Swap	15/02/2027		Cash	199,940	0.15%
Swap	15/02/2034		Cash	102,351	0.08%
Swap	06/03/2034		Cash	85,447	0.07%

Swap	15/02/2034	Cash	65,395	0.05%
Swap	17/08/2026	Cash	46,620	0.04%
Swap	15/05/2034	Cash	44,763	0.03%
Swap	08/02/2027	Cash	44,488	0.03%
Swap	15/03/2034	Cash	42,165	0.03%
Swap	17/04/2034	Cash	39,565	0.03%
Swap	06/03/2034	Cash	37,323	0.03%
Swap	19/09/2033	Cash	34,135	0.03%
Swap	15/03/2027	Cash	30,770	0.02%
Swap	19/09/2033	Cash	28,674	0.02%
Swap	22/05/2034	Cash	25,251	0.02%
Swap	24/05/2027	Cash	19,746	0.02%
Swap	08/02/2034	Cash	16,859	0.01%
Swap	02/05/2034	Cash	13,472	0.01%
Swap	08/02/2034	Cash	12,232	0.01%
Swap	14/03/2034	Cash	10,534	0.01%
Swap	07/03/2034	Cash	5,358	0.004%
Swap	04/06/2027	Cash	3,832	0.003%
Swap	07/06/2027	Cash	3,380	0.003%
Swap	07/06/2027	Cash	2,751	0.002%

Swap	03/06/2027	Cash	2,633	0.002%
Swap	11/06/2027	Cash	1,970	0.002%
Swap	04/06/2027	Cash	1,179	0.001%
Swap	19/04/2027	Cash	1,159	0.001%
Swap	07/06/2027	Cash	1,090	0.001%
Swap	11/06/2027	Cash	618	0.0005%
Swap	10/06/2027	Cash	523	0.0004%
Swap	07/06/2027	Cash	304	0.0002%
Swap	12/06/2034	Cash	96	0.0001%
Swap	22/05/2034	Cash	6	0.000005%
		SUBTOTAL B.2	6,270,903	4.79%

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable thresh old	Total of both if it equals or is higher than the notifiable threshold
The Goldman Sachs Group, Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK Limited

Goldman Sachs International	5.80%	7.27%
The Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC
The Goldman Sachs Group, Inc.
Goldman Sachs Bank USA
Goldman Sachs Bank Europe SE
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
GSAMI Holdings I Ltd
GSAMI Holdings II Ltd
Goldman Sachs Asset Management International Holdings Ltd
Goldman Sachs Asset Management International

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

Please note, the total amount of voting rights has been rounded to 2 decimal places and therefore there is a possibility of a rounding difference.

General email contact:

gs-regops-emea-position-enquiries@gs.com

Done at Warsaw on 26/06/2024.