Reference is made to the stock exchange announcement from Reach Subsea ASA sent
today with notice for the Annual General Meeting 31 May 2024. The Board of
Directors of Reach Subsea ASA has decided to propose a cash dividend of NOK 0.36
per share for the financial year 2023.

Key information relating to cash dividend to be paid by Reach Subsea ASA:

Key information:
Dividend amount: 0.36 per share
Declared currency: NOK
Date of approval: 31 May 2024
Last day including right: 31 May 2024
Ex-date: 3 June 2024
Record date: 4 June 2024
Payment date: on or about 11 June 2024

For more information please contact:
Birgitte Wendelbo Johansen
Chief Financial Officer Reach Subsea ASA
bwj@reachsubsea.no

About Reach Subsea
Reach Subsea ASA Group offers high quality solutions and technology to clients
in need of ocean data and services. Services are offered out of our head office
in Haugesund as well as from our subsidiaries and branches located across
Norway, US, UK, Cyprus, Singapore, Trinidad, Brazil and Australia. The Group's
objective is to be a preferred partner and full-service provider of ocean
services for clients, focusing on safety, environment, financial solidity and
profitability. Our vision "Sustainable access to ocean space" underpins our
commitment to the development of sustainable solutions, with stakeholder groups
key interests in focus.


This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act. This stock exchange announcement
was published by Jorunn Håvardsholm, Communications and Marketing Director at
Reach
Subsea AS on the time and date provided.