EMGS: Disclosure of Large Shareholding (Flagging)

28 Mar 2025 15:00 CET

On 28 March 2025, Siem Investments S.à r.l., holding 43,327,467 shares in
Electromagnetic Geoservices ASA (33.08% of shares and votes), was merged into
Momentum S.à r.l.

Both entities are wholly owned subsidiaries of Siem Industries S.A. The merger
did not result in any change in ultimate control.

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act

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