SUBSEA 7 S.A. Subsea 7 share repurchasesLuxembourg -22 November 2021 -Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced transactions made in accordance with its share repurchase programme during the week commencing15 November 2021 . Date on which the share repurchase programme was announced:25 July 2019 , with a two-year extension announced on16 April 2021 . The duration of the share repurchase programme: until14 April 2023 . Other information: +------------------------------------------------------------------------------+ |Overview of transactions | +----------------------+------------------+----------------+-------------------+ | | |Weighted average| | |Date(s) | Aggregated daily| share price per| Total daily| | | volume| day| transaction value| | |(number of shares)| (NOK)| (NOK)| +----------------------+------------------+----------------+-------------------+ |19 November 2021 | 205,000| 66.5254| 13,637,707| | | | | | | | | | | | | | | | |Previously disclosed | | | | |repurchases under the | | | | |programme | | | | |(accumulated) | 1,627,968| 56.3789| 91,783,055| | | | | | | | | | | | | | | | |Accumulated under the | | | | |repurchase programme | 1,832,968| 57.5137| 105,420,762| | | | | | | | +------------------------------------------------------------------------------+ |The issuer's holding of own shares: | |Following the completion of the above transactions,Subsea 7 S.A. owns a total| |of 2,014,935 of its own shares, corresponding to 0.67% of the issued share| |capital ofSubsea 7 S.A. Total shares in issue, including treasury shares,| |were 300,000,000. | | | | | | | |Appendix: | |An overview of all transactions made under the share repurchase programme that| |have been carried out during the above-mentioned time period is attached to| |this report and available at www.newsweb.no. (http://www.newsweb.no/) | | | +------------------------------------------------------------------------------+ **************************************************************************Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry. We create sustainable value by being the industry's partner and employer of choice in delivering the efficient offshore solutions the world needs.Subsea 7 is listed on theOslo Bors (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62. ************************************************************************** Contact for enquiries: Katherine Tonks Head of Investor Relations Tel +44 20 8210 5568 katherine.tonks@subsea7.com www.subsea7.com
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