Subsea 7 S.A. Notice of 2015 Annual General Meeting of Shareholders and Extraordinary General Meeting of Shareholders

Luxembourg – 17 March 2015 – Subsea 7 S.A. (Oslo Børs: SUBC) (the Company) today published and distributed to eligible holders of Common Shares and American Depositary Receipts the Notice of Meeting and supporting materials for both the 2015 Annual General Meeting of Shareholders (the AGM) and the Extraordinary General Meeting of Shareholders (the EGM), both to be held on 17 April 2015.  

The 2015 AGM is scheduled to take place at 15:00 (local time) on 17 April 2015 at the Company’s registered office, 412F, route d’Esch, L-2086 Luxembourg and the EGM will take place immediately thereafter.

The Notice of the meetings and supporting materials, including the full text of the proposed new Articles of Incorporation as well as copies of the 2014 statutory and consolidated financial statements of Subsea 7 S.A. which includes the Reports of the Board of Directors and Authorised Statutory Auditor’s Reports can be found on the Company’s website: http://www.subsea7.com

Holders of Common Shares and American Depositary Receipts of record at the close of business on 10 March 2015 will be entitled to vote at the AGM and EGM. In addition for both the AGM and EGM, the deadline for submission of votes for holders of American Depositary Shares is 8 April 2015 and for holders of Common Shares is 10 April 2015.

Contact for investment community enquiries:

Isabel Green
Investor Relations Director
Tel +44 (0)20 8210 5568
[email protected]

www.subsea7.com

Forward-Looking Statements: Certain statements made in this announcement may include ‘forward-looking statements’. These statements may be identified by the use of words like ‘anticipate’, ‘believe’, ‘could’, ‘estimate’, ‘expect’, ‘forecast’, ‘intend’, ‘may’, ‘might’, ‘plan’, ‘predict’, ‘project’, ‘scheduled’, ‘seek’, ‘should’, ‘will’, and similar expressions. The forward-looking statements reflect our current views and are subject to risks, uncertainties and assumptions. The principal risks and uncertainties which could impact the Group and the factors which could affect the actual results are described but not limited to those in the ‘Risk Management’ section in the Group’s Annual Report and Consolidated Financial Statements 2014. The Executive Management Team has considered the nature of these principal risks and uncertainties and concluded that these have not changed significantly in the year ended 31 December 2014. These factors, and others which are discussed in our public announcements, are among those that may cause actual and future results and trends to differ materially from our forward-looking statements: actions by regulatory authorities or other third parties; our ability to recover costs on significant projects; the general economic conditions and competition in the markets and businesses in which we operate; our relationship with significant clients; the outcome of legal and administrative proceedings or governmental enquiries; uncertainties inherent in operating internationally; the timely delivery of vessels on order and the timely completion of vessel conversion programmes; the impact of laws and regulations; and operating hazards, including spills and environmental damage. Many of these factors are beyond our ability to control or predict. Other unknown or unpredictable factors could also have material adverse effects on our future results. Given these factors, you should not place undue reliance on the forward-looking statements