Reference is made to the announcement by Subsea 7 S.A. (the "Company" or "Subsea7") on 2 March 2023 regarding the acquisition of 187,889,551 shares in Seaway 7 ASA by Subsea7.
Subsea7 is a close associate of Kristian Siem, Chairman of the Board of Directors of Subsea 7 S.A. and primary insider in Seaway 7 ASA.
Please see the attached notification for further information.
This information is subject to the disclosure requirements in article 19 of Regulation (EU) No 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.