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 December 20, 2022

	Shareholder	Shares	% ownership	Country	Division
1	Goldman Sachs International	75 579 632	8.31	GBR	Nominee
2	Goldman Sachs & Co LLC	68 953 542	7.58	USA	Nominee
3	Interactive Brokers LLC	40 304 843	4.43	USA	Nominee
4	Verdipapirfondet DNB Global	37 636 692	4.14	NOR	Ordinary
5	MH Capital AS	25 871 562	2.84	NOR	Ordinary
6	Bank of New York Mellon	24 224 007	2.66	GBR	Nominee
8	HSBC Bank	23 521 386	2.58	LUX	Nominee
8	State Street Bank	14 427 407	1.59	USA	Nominee
9	Vicama Capital AS	12 845 121	1.41	NOR	Ordinary
10	Bank of New York Mellon	12 158 778	1.34	GBR	Nominee
11	Morgan Stanley	11 506 368	1.27	USA	Nominee
12	BNP Paribas	11 195 834	1.23	USA	Nominee
13	Nordnet Livsforsikring AS	10 536 875	1.16	NOR	Ordinary
14	BA5 Invest AS	10 021 707	1.10	NOR	Ordinary
15	Vicama AS	10 000 000	1.10	NOR	Ordinary
16	Caceis Bank	9 500 000	1.04	GBR	Nominee
17	Langebru AS	8 500 000	0.93	NOR	Ordinary
18	Verdipapirfondet DNB SMB	8 405 065	0.92	NOR	Ordinary
19	Verdipapirfondet DNB Norske Aksjer	8 336 844	0.92	NOR	Ordinary
20	Nordea Bank	7 498 418	0.82	SWE	Nominee
20 largest shareholders		431 024 081	47.38
Total shares		909 549 714	100

PGS Shareholdings by Nationality

Updated December 20, 2022

Country	Holders	Shares	%
Norway	13 347	447 689 501	49.22
USA	87	184 478 547	20.28
UK	130	149 516 762	16.44
Other Countries	638	127 864 904	14.05
Total	14 202	909 549 714	100

See also: Oslo Stock Exchange: Flagging Announcements for PGS