Magseis Fairfield has received a proposal for additional board member ahead of tomorrow’s EGM

November 2, 2022

(Oslo, 2 November 2022) Reference is made to the announcement on 13 October 2022 regarding extraordinary general meeting (EGM) of Magseis Fairfield ASA (the "Company") that will be held on Thursday 3 November 2022 at the Company's office in Strandveien 50, Lysaker, Norway at 15:00 (CET).

The Company has received a proposal from a minority shareholder for an additional member of the new board. The proposal is that Michael Steensland-Brun is elected in addition to the four board members proposed by TGS, as per the EGM notice documents.

Click here to download Michael Steensland-Brun’s CV.

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


For further information, please contact:

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

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

---

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.