Luxembourg – 19 December 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract for pre-commitment to procure long lead items for a project in the Norwegian North Sea.Pre-execution project management and engineering work will commence immediately at Subsea7’s office in Stavanger, Norway. Erik Femsteinevik, VP Subsea7 Norway, said: “This early commitment to long lead items reflects the strong, trust‑based relationship with the operator and enables early engagemen ...

Luxembourg –16 December 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced a substantial1 award by Chevron Australia. The contract covers subsea installation on the Gorgon Stage 3 (GS3) Project, offshore Australia. Subsea7’s scope of work includes project management, engineering, procurement, fabrication, transportation, installation and pre-commissioning of subsea equipment and associated infrastructure at GS3, at 1,350m water depth. Project management and engineering work will commence imm ...

Core Viewpoint - Subsea 7 S.A. has announced its financial calendar for 2026, detailing key reporting dates for the upcoming year [1]. Financial Reporting Schedule - Results for the financial year ending 31 December 2025: - Quarterly report (Q4) on 26 February 2026 - Annual report for 2025 on 20 March 2026 - Results for the financial year ending 31 December 2026: - Quarterly report (Q1) on 30 April 2026 - Annual General Meeting on 12 May 2026 - Half-yearly report and quarterly report (Q2) on 30 July 2026 - Quarterly report (Q3) on 19 November 2026 [1]. Company Overview - Subsea 7 is recognized as a global leader in delivering offshore projects and services within the energy industry, focusing on creating sustainable value and being a preferred partner and employer [1].

Key Takeaways Brazil's operators warn that the Subsea 7-Saipem merger could alter pricing and project dynamics.Petroleum groups argue that Saipem 7 might dominate SURF work due to control of key deepwater vessels.Cade is gathering global input as Brazil becomes the pivotal arena for the merger's approval.The proposed merger between Subsea 7 S.A. ((SUBCY) and Saipem SpA has sparked a rare unified response from Brazil’s major oil operators, who warn that the deal could reshape competition in one of the world’ ...

Core Insights - Subsea 7 S.A. reported strong financial results for Q3 2025, with significant growth in Adjusted EBITDA and a record backlog, indicating robust operational performance and future revenue potential [1][5][6]. Financial Performance - Revenue for Q3 2025 was $1.84 billion, slightly up from $1.83 billion in Q3 2024 [3]. - Adjusted EBITDA reached $407 million, a 27% increase year-on-year, with an Adjusted EBITDA margin of 22%, up from 18% in Q3 2024 [3][5][11]. - Net income for Q3 2025 was $109 million, compared to $98 million in the same period last year [3][11]. - The company’s backlog at the end of September 2025 was $13.9 billion, with a book-to-bill ratio of 2.1 times for the quarter [3][13]. Operational Highlights - The company maintained high vessel utilization rates across various global projects, including significant activities in Norway and Brazil [9][10]. - In the Renewables sector, the company successfully completed the installation of monopiles at Dogger Bank C in the UK, showcasing its operational capabilities despite market challenges [10]. Future Outlook - Full-year 2025 revenue is projected to be between $6.9 billion and $7.1 billion, with Adjusted EBITDA margins expected to range from 20% to 21% [5][14]. - The company anticipates continued positive momentum supported by a strong backlog and active tendering for future projects [8][14].

Core Points - Subsea 7 S.A. has announced a dividend amount of NOK 6.50 per share, with an ex-dividend date set for 29 October 2025 [2] Group 1 - The dividend is declared in Norwegian Krone [2]

Core Viewpoint - Subsea 7 S.A. is set to release its third quarter 2025 results on 20 November 2025, highlighting its ongoing commitment to transparency and communication with the investment community [1][2]. Group 1: Financial Results Announcement - The third quarter 2025 results will be published on 20 November 2025 at 08:00 CET [1]. - A conference call and webcast for investors will take place on the same day at 12:00 UK / 13:00 CET [1]. Group 2: Conference Call Details - Registration for the conference call can be completed via a provided link [2]. - Questions during the conference call can only be submitted through a phone line [2]. Group 3: Company Information - Subsea 7 is listed on the Oslo Børs under the ticker SUBC and is focused on delivering offshore energy transition solutions [2]. - The company is committed to creating sustainable value in the energy sector [2].

Core Points - Subsea 7 S.A. announced an extraordinary general meeting of shareholders scheduled for September 25, 2025, to approve a proposed combination [1] Group 1 - The meeting aims to seek shareholder approval for a strategic combination, indicating potential growth or restructuring plans within the company [1]

Core Points - Subsea 7 S.A. has transferred 522,241 treasury shares to fulfill employee share awards under its Long-term Incentive Plan [1] - After the transfer, the company holds 3,463,823 treasury shares, which is 1.16% of its total issued common shares [1] - The total number of shares in issue remains at 299,600,000, including treasury shares [1] Company Overview - Subsea 7 is a global leader in delivering offshore projects and services for the energy industry, focusing on sustainable value creation [2] - The company is listed on the Oslo Børs under the ticker SUBC [2]

Subsea 7 S.A. has received notification of transactions in its shares by primary insiders. Please see the attachment for details. This information is pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. Attachment SUBC 2025 LTIP Trade Notifications ...