TGS Vesting Under the 2022 Long-term Incentive Plan

Core Points - TGS ASA has authorized the granting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) to key employees as part of the 2022 Long Term Incentive Plan, with the measurement period set from January 1, 2022, to December 31, 2024 [1][2] - The PSUs vested at a final payout of 60.0% based on performance metrics, resulting in 180,810 shares issuable to sixteen holders, while 107,367 shares are issuable to sixty-seven employees for the RSUs [2] - A total of 288,177 shares at par value NOK 0.25 are available for issuance to 83 PSU/RSU holders [2] Company Information - TGS provides advanced data and intelligence to the energy sector, offering a comprehensive range of insights to support exploration and production of energy resources [4] - The company utilizes leading-edge technology and solutions across the entire energy value chain, backed by a global and diverse energy data library [4]