TGS ASA

TGS Publishes its 2022 Annual Report

OSLO, Norway (13 April 2023) - TGS, a global provider of energy data and

intelligence, today published its 2022 Annual Report.

In addition, TGS has published its Management Remuneration Report (MRR) pursuant

to the Norwegian Public Limited Liability Companies Act, section 6-16 a(2). Both

the 2022 Annual Report and MRR are available on the TGS corporate website to

shareholders and other interested parties via this link:

https://www.tgs.com/financial-reports.

The Annual Report has also been published in European Single Electronic Format

(ESEF), which can also be downloaded from the TGS website.

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

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