Core Points - TGS granted the third tranche of Performance Stock Units (PSUs) under the Magseis 2022 Long-term Incentive Plan, which was authorized by the Board of Directors in 2023 [1] - The third tranche of PSUs vested on April 1, 2025, allowing 51 PSU holders to request the issuance of TGS shares, with a final payout of 58.3% based on performance metrics, resulting in 15,721 shares issuable [2] - Primary Insider Carel Hooijkaas received 2,470 shares from his vested PSUs, after which he owns a total of 53,164 shares in TGS [3] - Following the transaction, TGS holds 153,517 of its own shares in treasury [4] Company Overview - TGS provides advanced data and intelligence to companies in the energy sector, offering a comprehensive range of insights to support exploration and production of energy resources worldwide [5]

Core Insights - TGS has secured a 4D streamer contract in the East Mediterranean, with acquisition set to begin in Q2 2025 and lasting approximately 90 days [1][2]. Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced data and technology solutions across the energy value chain [2]. - The company utilizes the Ramform acquisition platform and proprietary GeoStreamer technology to deliver high-quality 4D data to clients [2]. Industry Context - TGS supports exploration and production in the energy sector by providing a comprehensive range of insights and a diverse energy data library [2].