TGS - Notice of Extraordinary General Meeting

OSLO, Norway (30 October 2023) - Reference is made to the joint announcement on
25 October 2023 made by TGS ASA ("TGS" or the "Company," OSE: TGS) and PGS ASA
("PGS", OSE: PGS) regarding the approval and decision by their respective board
of directors upon a definitive merger agreement. An extraordinary general
meeting of TGS (the "EGM") will be held on 1 December 2023 to approve the merger
with PGS. The EGM will be held as a virtual meeting through the facilities of
Lumi at 16:00 hours (Oslo time).

The notice for the EGM is attached hereto (English and Norwegian), together with
relevant appendices. The notice will be sent to all registered shareholders on
30 October 2023.

To register your attendance, grant proxy or cast votes electronically in advance
through VPS Investor Services, please copy and paste this link into your
browser: https://www.tgs.com/investor-center

The pin code and reference number, which are sent out with the notice, will be
needed. Shareholders that have received the notice electronically will find
information by logging in through VPS Investor Services, available at
https://www.euronextvps.no/  or through their own account keeper (bank/broker).

For more information, visit TGS.com (https://www.tgs.com), email
generalmeeting@tgs.com, or contact:

Sven Børre Larsen
CFO
Tel: +47 909 43 673
Email: investor@tgs.com (mailto:investor@tgs.com)