Subsea 7 announce Dividend and Notification of General Meetings

Subsea 7 S.A. today announced that, marking confidence in the financial position and outlook for the Group, the Board of Directors will recommend to shareholders at the Annual General Meeting (the “AGM”) that a dividend of NOK 1.00 per share be paid, equivalent to a total dividend of approximately USD 33 million.

The AGM is scheduled to take place at 15:00 (local time) on 12 April 2022 at the Company’s registered office, 412F, route d’Esch, L-2086 Luxembourg.

An Extraordinary General Meeting (the “EGM”) will also take place at the Company’s registered office immediately after the AGM on 12 April 2022 in order to consider proposed amendments to the Company’s articles of incorporation including amendments in relation to the dematerialisation of the Company’s shares following the implementation of the Norwegian Central Securities Depository Act, implementing the Central Securities Depositories Regulation.


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