CGG : Présentation T3 2022

Q3 2022 financial results

cgg.com

Disclaimer

This presentation contains forward-looking statements, including, without limitation, statements about CGG ("the Company") plans, strategies and prospects. These forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, the Company's actual results may differ materially from those that were expected.

The Company based these forward-looking statements on its current assumptions, expectations and projections about future events. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it is very difficult to predict the impact of known factors and it is impossible for us to anticipate all factors that could affect our proposed results. All forward-looking statements are based upon information available to the Company as of the date of this presentation.

Important factors that could cause actual results to differ materially from management's expectations are disclosed in the Company's periodic reports and registration statements filed with the AMF. Investors are cautioned not to place undue reliance on such forward-looking statements.

TAKING DATA FURTHER

Q3 2022 Financial Results

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Agenda

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Q3 & 9 months 2022 overview

Operational review

Financial review

Outlook

Q3 2022 Financial Results

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Q3 & 9 MONTHS 2022
OVERVIEW	4

cgg.com

Q3 & 9 months 2022 Key segment financial highlights

Q3 2022

YTD 2022

REVENUEEBITDAS

$217 million	$77 million
down (16) % pro-forma*	35% margin
y-o-y

$610 million	$241 million
slightly up pro-forma* with	40% margin, up 27% y-o-y
DDE up 30% y-o-y

NET CASH FLOW

$(78) million

including $ (19)m

investment in M&A and $(40)m change in working capital

$(65) million

including $ (37)m

investments in M&A

Liquidity of $325 million, including $100 million undrawn RCF

*Pro-forma indicators represent supplementary information adjusted for GeoSoftware and Physical Asset Storage and Services businesses sold in 2021	5
Q3 2022 Financial Results