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Regulatory press release

MSEIS: Magseis Fairfield ASA publishes its Annual Report 2021

(Oslo, 11 March 2022) Magseis Fairfield hereby publishes the 2021 Annual Report.
The report is available at www.newsweb.no and www.magseisfairfield.com.

There are no material changes to the financial statements compared to the
preliminary and unaudited full year results presented by the Company on 15
February 2022.

For further information, please contact:

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

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