Subsea 7 S.A. announces details of share related awards

Core Points - Subsea 7 S.A. announced the details of its 2022 Long-Term Incentive Plan, which includes the award of 1,500,000 performance shares on 24 September 2025 [1] - The awards are subject to performance conditions as outlined in the Plan [1] - The company is recognized as a global leader in delivering offshore projects and services for the energy industry [3] Performance Shares Summary - John Evans, CEO, awarded 42,000 performance shares, holding a total of 241,742 performance shares [2] - Mark Foley, CFO, awarded 31,500 performance shares, holding a total of 162,293 performance shares [2] - Olivier Blaringhem, EVP – Subsea & Conventional, awarded 25,200 performance shares, holding a total of 148,019 performance shares [2] - Other executives also received performance shares, contributing to a total of performance shares held by the Primary Insiders [2] Company Overview - Subsea 7 is listed on the Oslo Børs under the ticker SUBC and is committed to creating sustainable value in the energy sector [4] - The company aims to be the partner and employer of choice in delivering efficient offshore solutions [3]