PGS ASA (the “PGS” or the “Company”) continuously strives to improve its efforts on Environment, Social and Governance (ESG) Issues. Investors who wish to give feedback on either of these areas are invited to send their comments to Lars Ragnar van der Bijl Mysen by January 30, 2023 for consideration by the PGS Board of Directors and Nomination Committee. 

The Board of Directors and the Nomination Committee will this year continue the process of actively pursuing a close dialog with our shareholders and investors on ESG issues. 

We therefore invite any shareholder to comment upon or ask questions on any element of ESG management including the agenda and proxy card for our 2023 AGM, the content of our ESG review, our corporate governance structure and our principles for executive compensation. 

To represent the Board of Directors and the Nomination Committee in this, we have elected Lars Ragnar van der Bijl Mysen, the Company's General Counsel, Secretary to the Board of Directors and Secretary to the Nomination Committee. He will be able to answer any question relating to our work in these areas, and he is instructed to bring feedback to the Board of Directors and the Nomination Committee following this shareholder interaction. The Board of Directors and the Nomination Committee will consider any investor feedback, but no assurances are given that comments will result in a change of policy or otherwise. 

We encourage you to contact Mr. Mysen by January 30, 2023 if you would like to provide comments or have questions on these topics.

His contact details are as follows: 

Email: lars.mysen@pgs.com    
Address: PGS ASA 

P.O.Box 251, Lilleaker 
0216 Oslo, Norway 

Phone: +47 900 77 595 

We hope and trust that this initiative will give our shareholders further insight into and comfort with our serious efforts and work within these areas.