Today techs Subsea 7 S.A. broadcasts particulars of share associated awards

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Luxembourg – 20 September 2022 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the “Firm”) in accordance with the Oslo Børs guidelines, at present broadcasts the main points of awards beneath its 2022 Lengthy-Time period Incentive Plan (the “Plan”) authorized by the Board on 20 September 2022.

The Firm will make awards of 1,397,000 efficiency shares, topic to the Plan’s efficiency circumstances, on 20 September 2022.

The next Major Insiders have been awarded efficiency shares beneath the Plan and subsequently maintain the next shares and choices:

Identify Place today techs ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; “> Efficiency Shares Awarded Whole Efficiency Shares(¹) Whole Owned Shares Whole Choices
John Evans Chief Govt Officer 60,000 242,215 92,481 today techs ; border-left: solid black 1pt ; vertical-align: middle ; “> Nil
Mark Foley Chief Monetary Officer 32,000 72,000 Nil Nil
Olivier Blaringhem today techs “> EVP – Subsea & Standard 35,000 145,530 18,590 Nil
Phillip Simons EVP – Initiatives & Operations 35,000 140,530 9,264 Nil
Nathalie Louys Normal Counsel 32,000 129,518 33,073 Nil
Katherine Lyne EVP – Human Sources 30,000 116,747 today techs 1pt ; border-bottom: solid black 1pt ; vertical-align: middle ; “> 17,694 Nil
Marcelo Lopes Xavier EVP – Technique & Sustainability 30,000 91,902 Nil Nil

¹Total efficiency shares held embody the awards made in 2022 and symbolize the utmost award as a result of vest assuming all efficiency circumstances are met.

This message is submitted on behalf of Subsea 7 S.A., in addition to the named Major Insiders.

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Subsea today techs 7 is a worldwide chief within the supply of offshore tasks and providers for the evolving power trade, creating sustainable worth by being the trade’s accomplice and employer of alternative in delivering the environment friendly offshore options the world wants.

Subsea 7 is listed on the Oslo Bors (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.
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Contact for funding neighborhood enquiries:
Katherine Tonks
Head of Investor Relations
Tel +44-20-8210-5568
ir@subsea7.com
www.subsea7.com

 

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