TGS ASA

TGS: Mandatory Notification of Trades

Oslo, Norway (1 March 2024) - TGS has issued an award of 15,000 Restricted Share

Units (RSUs) to Carel Hooijkaas in accordance with the terms of his employment

agreement, as approved by the Board of Directors of TGS ASA, and TGS

Remuneration Policy, approved by the shareholders of TGS ASA. The RSUs are

secured by the Company's treasury stock that, upon vesting in accordance with

the terms set forth in the agreement, are convertible to shares of the Company's

common stock. Each RSU represents the right to receive one share.

The schedule attached reflects the holdings of the primary insider.

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 volatile market conditions, investment opportunities in new and existing

markets, demand for licensing of data within the energy industry, operational

challenges, and reliance on a cyclical industry and principal customers. 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

Chief Financial Officer

AI Terminal