Major Shareholders from Beneficial Ownership

Updated per March 31, 2023 (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	96 843 932	10.7
2	M&G Investment Management Ltd.	47 185 740	5.2
3	DNB Asset Management AS	40 925 072	4.5
4	Interactive Brokers LLC	35 737 194	3.9
5	Brightlight Capital Management LP	25 600 000	2.8
6	MH Capital AS	24 285 558	2.7
7	Dimensional Fund Advisors LP.	17 276 272	1.9
8	Scorpio Holdings Limited	14 370 000	1.6
9	BlackRock Institutional Trust Company	13 417 620	1.5
10	Trefoil Capital Advisers Ltd.	12 039 372	1.3
11	Nordnet Livsforsikring AS	10 900 109	1.2
12	LMR Partners LLP	10 779 756	1.2
13	Two Sigma Investments LP	10 230 783	1.1
14	Vicama AS	10 000 000	1.1
15	Vicama Capital AS	9 845 121	1.1
16	Dinosaur Merchant Bank Ltd.	9 500 000	1.0
17	Antipodes Partners Limited	8 741 367	1.0
18	KLP Fondsforvaltning	7 537 477	0.8
19	Langebru AS	7 500 000	0.8
20	FIRST Fondene NCP	7 480 267	0.8
20 largest shareholders		412 715 373	46.2

The data in the table above is provided by Nasdaq IR Insight 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 Nasdaq IR Insight can guarantee the accuracy of the analysis, which is updated each quarter.

Major Shareholders from Shareholder Register

Updated May 31, 2023

	Shareholder	Shares	% ownership	Country	Division
1	Goldman Sachs International	60 415 906	6.64	GBR	Nominee
2	Interactive Brokers LLC	38 963 787	4.28	USA	Nominee
3	HSBC Bank	30 339 051	3.34	GBR	Nominee
4	Verdipapirfondet DNB Global	21 309 002	2.34	NOR	Ordinary
5	MH Capital AS	18 087 918	1.99	NOR	Ordinary
6	Scorpio Holdings Limited	16 007 511	1.76	MHL	Ordinary
7	Goldman Sachs & Co	15 536 163	1.71	USA	Nominee
8	Bank of New York Mellon	14 720 616	1.62	BEL	Nominee
9	JPMorgan	14 472 613	1.59	LUX	Nominee
10	Nordnet Livsforsikring	13 813 135	1.52	NOR	Ordinary
11	Morgan Stanley & Co	13 062 314	1.44	USA	Nominee
12	Morgan Stanley & Co	12 814 161	1.41	USA	Ordinary
13	State Street Bank and Trust Company	12 436 691	1.37	USA	Nominee
14	State Street Bank and Trust Company	11 112 912	1.22	USA	Nominee
15	State Street Bank and Trust Company	10 083 178	1.11	USA	Nominee
16	Vicama AS	10 000 000	1.10	NOR	Ordinary
17	Vicama Capital AS	9 845 121	1.08	NOR	Ordinary
18	Caceis Bank	9 500 000	1.04	SPN	Nominee
19	MP Pensjon PK	8 576 623	0.94	NOR	Ordinary
20	Verdipapirfondet DNB SMB	8 113 827	0.89	NOR	Ordinary
20 largest shareholders		349 210 579	38.39
Total shares		909 549 714	100

PGS Shareholdings by Nationality

Updated May 31, 2023

Country	Holders	Shares	%
Norway	18 647	450 756 331	49.56
USA	98	157 836 421	17.35
UK	134	113 391 813	12.47
Other Countries	755	187 565 149	20.62
Total	19 634	909 549 714	100

See also: Oslo Stock Exchange: Flagging Announcements for PGS