GlobeNewswire Inc | Jul 1, 2021 01:30AM EDT

July 01, 2021

CGG Announces the Closing of the Sale of

the Multi-Physics Business on June 30, 2021

Paris, France July 1st, 2021

CGG announced today that effective July 1, 2021 the Multi-Physics business except its processing and multi-client library, has been sold to Xcalibur Group, subsequent to receiving approvals by the competent regulatory authorities.

About CGG

CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

Group Communications & Investor Relations

Christophe BarniniTel: + 33 1 64 47 38 11 E-Mail: christophe.barnini@cgg.com

Attachment

-- CGG - Press Release pdf version