TGS: VESTING OF 2023 RESTRICTED SHARE UNIT AWARD

Oslo, Norway (4 March 2025) – On 1 March 2025, 15,000 Restricted Share Units (RSUs) granted to Carel Hooijkaas on 1 March 2023, in accordance with the terms of his employment agreement, as approved by the Board of Directors of TGS ASA, and TGS Remuneration Policy, approved by the shareholders of TGS ASA, vested.  Each vested RSU represents the right to receive one share of the Company’s common stock, with the shares to be issued from the Company’s treasury stock. The vested RSUs may be partially settled in cash using the fair market value of the shares as defined under the award agreement, to cover tax withholding obligations and other necessary deductions that arise in connection with the vest.