TGS TGS-NOPEC Geophysical Company ASA

TGS: Delivery of Shares from Vested 2023 Restricted Share Units

TGS: Delivery of Shares from Vested 2023 Restricted Share Units

Oslo, Norway (13 March 2025) – with reference to the stock exchange release published on 4 March 2025 “Vesting of 2023 Restricted Share Unit Award.”  Of the 15,000 Restricted Share Units granted to Carel Hooijkaas, he received 12,536 shares in TGS today. The fair market value of the remaining shares is used to cover withholding obligations and other necessary deductions that arise in connection with the vest. The shares transferred to Carel Hooijkaas are taken from TGS treasury shares.  

After the transaction, Carel Hooijkaas owns 50,694 shares in TGS, and the number of treasury shares in TGS is 175,238.

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