TGS VESTING UNDER THE 2022 LONG-TERM INCENTIVE PLAN

Oslo, Norway (08 May 2025) – TGS granted the third tranche of Performance Stock Units (PSUs) under the Magseis 2022 Long-term Incentive Plan previously adopted and authorized by the Board of Directors of TGS ASA in 2023. In accordance with the terms of this Plan, the third tranche of PSUs vested on 1 April 2025, resulting in a total of 51 PSU holders having the right to request the issuance of TGS shares. The company previously determined that the final payout on the PSUs is 58.3% based on achievement of p ...