TGS ASA

Remuneration Information • Aug 31, 2023

TGS: Shares Received by Board of Directors

TGS: Shares Received by Board of Directors

OSLO, Norway (31 August 2023) - In accordance with the resolution made by the

Annual General Meeting of TGS held on 10 May 2023, the Directors have now

received restricted shares in TGS as part of their compensation. The Chair of

the Board received 3,300 shares and the other Directors 1,650 shares each.  The

Company has distributed the restricted shares to the Directors from its balance

of treasury shares. Following the transfer of restricted shares to the

Directors, TGS holds 418,630 of the issued shares as treasury shares.

Attached is the list of Directors showing the balance of TGS shares held after

the issuance described above.

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

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

Sven Børre Larsen

CFO

Tel: +47 90 94 36 73

E-mail: investor@tgs.com