Major Shareholders from Beneficial Ownership

Updated per September 15, 2022 (this is updated each quarter, see below for a more recent overview from the Norwegian VPS shareholder register)

	Shareholder	Shares	% ownership
1	Coltrane Asset Management LP	106 129 956	15.3
2	M&G Investment Management Limited	44 283 245	6.5
3	Interactive Brokers	39 034 321	5.7
4	DNB Asset Management AS	33 710 473	5
5	MH Capital AS	31 939 511	4.7
6	Vicama AS	15 800 000	2.3
7	Dimensional Fund Advisors LP	15 489 220	2.3
8	UBS AG	11 645 414	1.7
9	First Fondene AS	8 219 069	1.2
10	Nordnet Livsforsikring AS	7 984 893	1.2
11	Mats Geo AB	7 250 000	1.1
12	Morgan Stanley & Co Int. PLC	7 161 690	1.1
13	BA5 Invest AS	6 756 650	1
14	Nordnet Bank AB	5 454 759	0.8
15	Credit Andorra	5 242 759	0.8
16	Charles Schwab Investment Management Inc.	4 857 935	0.7
17	Palomino Ltd.	4 791 543	0.7
18	Andbank Wealth Mangement SGIIC SAU	4 505 218	0.7
19	American Century Investment Mangement Inc.	4 392 137	0.6
20	Legal & General Investment Management Limited	4 350 000	0.6
20 largest shareholders		398 998 477	54.0

The data in the table above is provided by Q4 Inc. and is obtained through an analysis of beneficial ownership and fund manager information provided in replies to disclosure of ownership notices issued to all custodians in relation to the PGS share register provided by the Norwegian Central Securities Depository (VPS). Every reasonable effort has been made to verify the data, however neither PGS nor Q4 Inc. can guarantee the accuracy of the analysis, which is updated each quarter.

Major Shareholders from Shareholder Register

Updated November 28, 2022

	Shareholder	Shares	% ownership	Country	Division
1	Goldman Sachs & Co LLC	100 991 412	11.10	USA	Nominee
2	Goldman Sachs International	65 625 270	7.21	GBR	Nominee
3	Interactive Brokers LLC	39 665 852	4.36	USA	Nominee
4	Verdipapirfondet DNB Global	37 587 030	4.13	NOR	Ordinary
5	MH Capital AS	25 671 562	2.82	NOR	Ordinary
6	Bank of New York Mellon	17 520 413	1.93	GBR	Nominee
8	HSBC Bank	16 029 616	1.76	LUX	Nominee
8	State Street Bank	13 656 262	1.50	USA	Nominee
9	Vicama Capital AS	12 845 121	1.41	NOR	Ordinary
10	Morgan Stanley	12 715 042	1.40	USA	Nominee
11	BA5 Invest	9 650 000	1.06	NOR	Ordinary
12	Caceis Bank	9 500 000	1.04	GBR	Nominee
13	BNP Paribas	9 080 094	0.99	USA	Nominee
14	Nordnet Livsforsikring AS	9 000 620	0.99	NOR	Ordinary
15	Bank of New York Mellon	8 656 414	0.95	GBR	Nominee
16	Langebru AS	8 500 000	0.93	NOR	Ordinary
17	Verdipapirfondet DNB SMB	8 405 065	0.92	NOR	Ordinary
18	Verdipapirfondet DNB Norske Aksjer	8 370 324	0.92	NOR	Ordinary
19	State Street Bank	7 788 577	0.86	USA	Nominee
20	JPMorgan Securities	7 605 925	0.84	GBR	Ordinary
20 largest shareholders		428 864 599	47.15
Total shares		909 549 714	100

PGS Shareholdings by Nationality

Updated November 28, 2022

Country	Holders	Shares	%
Norway	13 240	432 260 772	47.53
USA	90	204 998 465	22.53
UK	133	147 719 146	16.24
Other Countries	636	124 571 331	13.70
Total	14 099	909 549 714	100

See also: Oslo Stock Exchange: Flagging Announcements for PGS