Oslo, Norway (13 March 2025) – In February 2019, TGS implemented an Employee Share Purchase Plan (ESPP) pursuant to which eligible employees can purchase TGS common shares at a discount through payroll deductions. The ESPP operates in six-month periods, and at the end of each period, employees in eligible jurisdictions (United States, United Kingdom and Canada) have the option to purchase stock at a 15% discount to the market price at the time of purchase. The plan sets a maximum purchase of shares per empl ...

Core Points - On March 1, 2025, 15,000 Restricted Share Units (RSUs) granted to Carel Hooijkaas vested, each representing the right to receive one share of TGS ASA's common stock [1] - The shares will be issued from the Company's treasury stock, and the vested RSUs may be partially settled in cash to cover tax withholding obligations [1] Company Overview - TGS provides advanced data and intelligence to companies in the energy sector, utilizing leading-edge technology and solutions across the entire energy value chain [3] - The company offers a comprehensive range of insights to assist clients in making informed decisions, supported by a diverse energy data library [3] - TGS is recognized as a trusted partner in the exploration and production of energy resources globally [3]

OSLO, NORWAY (4 March 2025) - Christopher Finlayson, Chairman of the Board of TGS, has today purchased 5,000 shares in TGS ASA at a price of NOK 102.1937 per share. Following the transaction he owns 38,000 shares in TGS. Attachment PDMR Appendix 4 March 2025 ...

Group 1 - TGS has awarded 15,000 Restricted Share Units (RSUs) to Carel Hooijkaas as per his employment agreement and TGS Remuneration Policy [1] - Each RSU entitles the holder to receive one share of the Company's common stock upon vesting [1] - The RSUs are backed by the Company's treasury stock [1] Group 2 - TGS provides advanced data and intelligence to companies in the energy sector [3] - The company utilizes leading-edge technology and solutions across the entire energy value chain [3] - TGS offers a comprehensive range of insights to assist clients in making informed decisions regarding energy resource exploration and production [3]

Core Viewpoint - TGS ASA shares will begin trading ex-dividend at NOK 1.73 (USD 0.155) starting from 27 February 2025 [1] Group 1 - The ex-dividend date for TGS ASA is set for 27 February 2025 [1] - The dividend amount is NOK 1.73, equivalent to USD 0.155 [1]

Group 1 - Luis Araujo, a Board Member of TGS, purchased 7,000 shares at NOK 110.3 per share [1] - After the transaction, Araujo owns a total of 10,650 shares in TGS [1]

Group 1 - TGS has secured a 4D streamer contract acquisition project in the Barents Sea for the Goliat 4D field, scheduled to start in July and lasting approximately 20 days [1] - The CEO of TGS expressed satisfaction in securing additional 4D work on the Norwegian continental shelf for the 2025 summer season, with a previous contract in the Barents Sea lasting about 45 days [2] - TGS has established a solid acquisition campaign in the Barents Sea, bolstered by a recently announced multi-client project [2] Group 2 - TGS provides advanced data and intelligence to the energy sector, utilizing leading-edge technology and solutions across the entire energy value chain [3] - The company offers a comprehensive range of insights to assist clients in making informed decisions, supported by a diverse energy data library [3]

Group 1 - TGS ASA has resolved to distribute a quarterly dividend of USD 0.155 per share, equivalent to NOK 1.73 per share, in Q1 2025 [1][2] - The last trading day including the right to the dividend is set for 26 February 2025, with the ex-date on 27 February 2025 [2] - The record date for the dividend is 28 February 2025, and the payment date is scheduled for 13 March 2025 [2] Group 2 - TGS provides advanced data and intelligence to companies in the energy sector, supporting exploration and production of energy resources worldwide [1] - The company utilizes leading-edge technology and a comprehensive range of insights to assist clients in making informed decisions [1] - TGS boasts a global, extensive, and diverse energy data library, establishing itself as a trusted partner in the energy industry [1]

Financial Performance - TGS reported strong financial performance in Q4 2024 and for the full year, with a sales-to-investment ratio of 2.2x for the year [1] - The OBN segment showed continued strong momentum, and NES activities experienced significant growth [1] - Order inflow during Q4 2024 was USD 489 million, leading to a total produced order backlog of USD 749 million [4] Capital Structure and Dividends - The company successfully refinanced its balance sheet at attractive terms, reducing the interest rate of Senior Secured Notes from 13.5% to 8.5% and realizing synergies of approximately USD 35 million [4] - TGS increased its dividend by 11%, with a payment of USD 0.155 per share scheduled for Q1 2025 [1][4] Investment Outlook - Full-year pro-forma organic multi-client investments for 2024 were USD 425 million, with expectations for 2025 to be between USD 425 million and USD 475 million, supported by robust pre-funding [4] - The company built a robust vessel backlog going into 2025 due to several contract awards in the latter part of 2024 [1]

Core Insights - TGS is launching a new multi-client 3D streamer acquisition and processing project in the Goliat area of the Norwegian Barents Sea, covering up to 1,600 sq.km [1] - The project aims to enhance existing data coverage in the Hammerfest Basin, with operations scheduled to commence in early August [1] - The initiative is backed by industry funding, indicating strong market interest and support for exploration in this region [2] Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced technology and solutions across the energy value chain [3] - The company maintains a comprehensive energy data library, positioning itself as a trusted partner for exploration and production in the energy sector [3]