Minutes from annual general meeting

April 7, 2021

(Oslo, 7 April 2021) Magseis Fairfield ASA (the "Company") announces that the annual general meeting was held on Wednesday the 7th of April 2021 at 13:00 (CEST) as an online event, due to COVID-19 restrictions.

The minutes from the annual general meeting are attached to this notice.

For further information, please contact:

Mark Ivin, CFO
Tel: +47 94 88 86 06
Email: mark.ivin@magseisfairfield.com

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

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Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System "MASS" nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

The Company is headquartered in Oslo, Norway and has offices in US, Sweden, UK, Brazil and Singapore. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.