Mandatory Notification of Trade

Rune Olav Pedersen, President & CEO of PGS has on October 23, 2020 bought 105 000 shares in PGS at a price of NOK 2.833 per share. Following the transaction, Rune Olav Pedersen owns 228 617 shares in PGS.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act