Subsea7 - key information relating to the proposed cash dividend to be paid by Subsea 7 S.A.

26 Feb 2026 08:16 CET

Luxembourg - 26 February 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, the
Company) today announced a proposed total cash dividend of NOK 13.00 per share,
equating to approximately $400 million, to be distributed in May 2026, comprised
of the annual dividend of approximately $350 million to be recommended by the
Board at the annual general meeting (AGM) on 12 May 2026 and an interim dividend
of approximately $50 million approved by the Board.

Key information relating to the cash dividend to be paid by Subsea 7 S.A.

* Dividend amount: 13.00 per share
* Announced currency: NOK
* Last day including right: 19 May 2026 for common shareholders / 20 May 2026
for ADR holders
* Ex-date: 20 May 2026 for common shareholders / 21 May 2026 for ADR holders
* Record date: 21 May 2026
* Payment date: 28 May 2026
* Approval date: the proposed cash annual dividend equating to approximately
$350 million is subject to approval at the AGM and the interim dividend of
approximately $50 million was approved by the Board on 25 February 2026 and
will be ratified at the AGM.

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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

More information:
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