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OSLO, Norway (7 September 2023) – Reference is made to the stock exchange announcement on 10 August 2023 published by TGS regarding vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs). As a consequence of the vesting, as announced on 10 August 2023, TGS has now issued 103,020 shares. The vesting of PSUs and RSUs granted by TGS in 2020 in accordance with the terms of the 2020 Long Term Incentive Plan resulted in the right for a total of 79 participants to request the issua

OSLO, Norway (10 August 2023) – In accordance with the measures approved by the shareholders of TGS at the Annual General Meeting on 27 March 2020, the Board of Directors of TGS Geophysical Company ASA authorized TGS to grant Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) under the 2020 Long Term Incentive Plan to key employees of TGS on 10 August 2020. Each RSU represented the right to receive one share, while each PSU represented the right to receive a maximum of one share de