Subsea 7 insiders acquire shares through long term incentive plan

Subsea 7 S.A. announced that multiple primary insiders acquired shares as part of the company's long term incentive plan (LTIP), with transactions occurring on October 1, 2025. This notification is in accordance with EU Market Abuse Regulation and Norwegian Securities Trading Act disclosure requirements.

Olivier Blaringhem, executive vice president subsea and conventional, acquired 14,032 units, while John Evans, chief executive officer, acquired 22,110 units. Stuart Fitzgerald, chief executive officer Seaway7, vested 7,379 units. Mark Foley, chief financial officer, acquired 14,385 units, and Katherine Lyne, executive vice president human resources, received 12,027 units. Marcelo Lopes Xavier, executive vice president strategy and sustainability, acquired 9,693 units, and Philip Simons, executive vice president projects and operations, acquired 14,032 units.

Each acquisition was a vesting (award) of shares under the LTIP, with an aggregated price of NOK 207.23 per unit. Simultaneously, each executive disposed of a portion of their vested shares to cover tax charges. The transactions were conducted on the Oslo Stock Exchange.