Subsea 7 S.A. mandatory notification of share trades

26 Jul 2024 13:01 CEST

Luxembourg -26 July 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces
mandatory notification of the following share transaction by a primary insider:

+--+---------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
+--+-----------------------------------+---------------------------------------+
|a)|Name |Phillip SIMONS |
+--+-----------------------------------+---------------------------------------+
|2 |Reason for the notification |
+--+-----------------------------------+---------------------------------------+
|a)|Position/status |Executive Vice President Projects and |
| | |Operations |
+--+-----------------------------------+---------------------------------------+
|b)|Initial notification/ Amendment |Initial Notification |
+--+-----------------------------------+---------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
+--+-----------------------------------+---------------------------------------+
|a)|Name |Subsea 7 S.A. |
+--+-----------------------------------+---------------------------------------+
|b)|LEI |222100AIF0CBCY80AH62 |
+--+-----------------------------------+---------------------------------------+
|4 |Details of the transaction(s): section to be repeated for (i) each type of |
| |instrument; (ii) each type of transaction; (iii) each date; and (iv) each |
| |place where transactions have been conducted |
+--+-----------------------------------+---------------------------------------+
|a)|Description of the financial |Subsea 7 S.A. Shares |
| |instrument, type of instrument | |
| |Identification code |  |
| | |Oslo Børs: SUBC |
| | |ISIN LU0075646355 |
+--+-----------------------------------+---------------------------------------+
|b)|Nature of the transaction |Sale of shares |
| | |  |
+--+-----------------------------------+---------------------------------------+
|c)|Price(s) and volume(s) |Price: NOK 209.65 |
| | |Volume: 8,000 |
| | |  |
+--+-----------------------------------+---------------------------------------+
|d)|Aggregated information |As above |
| |  | |
+--+-----------------------------------+---------------------------------------+
|e)|Date of the transaction |2024-07-25 |
| | |  |
+--+-----------------------------------+---------------------------------------+
|f)|Place of the transaction |Oslo Stock Exchange - XOSL |
| | |  |
+--+-----------------------------------+---------------------------------------+

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Subsea7 is a global leader in the delivery of offshore projects and services for
the evolving energy industry, creating sustainable value by being the industry's
partner and employer of choice in delivering the efficient offshore solutions
the world needs.

Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI
222100AIF0CBCY80AH62.

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Contact for investment community enquiries:
Investor Relations
Tel +44 20 8210 5568
ir@subsea7.com
www.subsea7.com (http://www.subsea7.com)

This information is subject to disclosure requirements of the EU Market Abuse
Regulation and the Norwegian Securities Trading Act.

This stock exchange release was published by Investor Relations, Subsea7, on 26
July 2024 at 13:00 CET.

More information:
Access the news on Oslo Bors NewsWeb site

624139_SUBC Mandatory Notification 26 July 2024.pdf