Subsea 7 S.A. - 2025 AGM and EGM

08 May 2025 17:16 CEST

Luxembourg - 8 May 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, the
Company) today announced that, at the 2025 annual general meeting of
shareholders (AGM) on 8 May 2025, all resolutions were approved, including the
payment of a dividend of NOK 13.00 per common share, to be paid in two equal
instalments.

In addition, at the subsequent extraordinary general meeting of shareholders
(EGM) on the same day, both proposed resolutions, which related to (i) to the
authority of the Board of Directors to repurchase and, as the case may be, to
subsequently cancel Company shares and reduce the issued share capital
accordingly and (ii) the renewal of authorisation for the Board of Directors to
issue new shares and to limit or suppress preferential subscription rights, for
up to 10% of the issued share capital, were approved.

The minutes of both the AGM and EGM which detail the resolutions passed and the
result of the votes cast in relation to each resolution and the changes to the
Company's articles of association are attached hereto. The minutes can also be
found on the Company's website.

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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:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
ir@subsea7.com
agm@subsea7.com


This information is subject to the disclosure requirements of the Norwegian
Securities Trading Act.
This stock exchange release was published by Katherine Tonks, Investor
Relations, Subsea7, on 8 May 2025 at 17:15 CET.

More information:
Access the news on Oslo Bors NewsWeb site

645825_SUBC statuts coordonnes.pdf
645825_SUBC AGM EGM May 2025.pdf
645825_SUBC AGM.pdf
645825_SUBC EGM.pdf