Oslo - 28 April 2023 - Reference is made to the stock exchange announcement
dated 28 April 2023 regarding the compulsory acquisition of all shares in Seaway
7 ASA (the "Company") not already owned directly or indirectly by Subsea 7 S.A.

An extraordinary general meeting of the Company has today resolved to apply for
delisting of the shares of the Company from Euronext Growth Oslo and, with
effect from the delisting, to convert the Company to a private limited liability
company. Accordingly, the Company will apply for a delisting of its shares from
Euronext Growth Oslo as soon as possible.

The extraordinary general meeting additionally resolved to elect a new board of
directors of the Company with effect from conversion to a private limited
liability company.

Please find enclosed a copy of the minutes of the extraordinary general meeting.

For further information, please contact:
Mark Hodgkinson
ir@seaway7.com

About Seaway7
Seaway7 is a global leader in the delivery of fixed offshore wind projects,
committed to contributing to an efficient and sustainable energy supply for the
future.

Seaway7 is admitted to trading on Euronext Growth Oslo (SEAW7).

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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