TGS ASA - Remuneration Information 2020

TGS restricted shares received by Director of the Board

ASKER, NORWAY (19 May 2020) - Christopher Finlayson has today received 3,300

restricted shares as part of his compensation as Director of the Board. 1,650 of

the shares was transferred for 2019 and 1,650 of the shares for 2020 in

accordance with the Annual General Meeting for the respective periods. Mr.

Finlayson holds 3,300 shares after this transaction. The Company has distributed

the restricted shares to the Director from its balance of treasury shares.

Following the transfer of restricted shares to the Director, TGS holds

1,999,450 of the issued shares as treasury shares.

For additional information about this press release please contact:

Sven Børre Larsen

Tel: +47 90 94 36 73

Company summary

TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil

and gas Exploration and Production companies worldwide. In addition to

extensive global geophysical and geological data libraries that include multi-

client seismic data, magnetic and gravity data, digital well logs, production

data and directional surveys, TGS also offers advanced processing and imaging

services, interpretation products, and data integration solutions.

For more information visit TGS online at www.tgs.com (http://www.tgs.com).

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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