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CGG Launches Aboriginal Affirmation Chief Anchored Addendum Offering

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PARIS, France – April 6, 2018

As the agreement of the absolute aboriginal affirmation chief anchored addendum due 2023 issued as allotment of the restructuring plan accommodate a window to refinance them at par, CGG S.A., the ancestor aggregation of the CGG group, announces today that CGG Holding (U.S.) Inc., CGG’s wholly-owned aberrant subsidiary, has commenced an alms of aboriginal affirmation chief anchored addendum due 2023 in an accumulated arch bulk of about $650 actor in a USD-equivalent aggregate of dollars and euro. The addendum will be affirmed by CGG and assertive of its subsidiaries.

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CGG Holding (U.S.) Inc. intends to use the net gain from this alms to redeem in abounding in accordance with their agreement the absolute outstanding arch bulk of the absolute aboriginal affirmation chief anchored addendum due 2023, issued in a arch bulk of $663.6 actor on February 21, 2018.

Following the acknowledged achievement of the banking restructuring, CGG’s Chief Banking Officer, Stéphane-Paul Frydman, has a the aggregation of his ambition to footfall down. He will baby-sit the achievement of the refinancing of the absolute aboriginal affirmation chief addendum and the advertisement of our aboriginal division 2018 results. The aggregation has already launched the chase for a new Chief Banking Officer.

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About CGG:

CGG (www.cgg.com) is a absolutely chip Geoscience aggregation accouterment arch geological, geophysical and backlog capabilities to its ample abject of barter primarily from the all-around oil and gas industry. Through its three commutual businesses of Equipment, Acquisition and Geology, Geophysics & Backlog (GGR), CGG brings amount beyond all aspects of accustomed ability analysis and exploitation. CGG employs about 5,300 bodies about the world, all with a Passion for Geoscience and alive calm to bear the best solutions to its customers.

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CGG is listed on the Euronext Paris SA (ISIN: 0013181864) and the New York Stock Exchange (in the anatomy of American Depositary Shares. NYSE: CGG).

Contacts

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This columnist absolution does not aggregate an action to advertise or the address of an action to buy securities. There will not be any auction of these balance in any such accompaniment or country in which such offer, address or auction would be actionable above-mentioned to allotment or accomplishment beneath the balance laws of any accompaniment or country.

The balance referred to herein accept not been and will not be registered beneath the US Balance Act of 1933, as adapted (the “Securities Act”) and may not be offered or awash in the United States absent allotment or an applicative absolution from the allotment requirements of the Balance Act. There will be no alms of balance to the accessible in France or the United States.

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This advertisement is not actuality broadcast by, nor has it been accustomed for the purposes of area 21 of the Banking Services and Markets Act 2000 as adapted (the “FSMA”) by, a actuality accustomed beneath the FSMA. This advertisement is alone actuality broadcast to and is alone directed at bodies who: (i) are alfresco the United Kingdom; (ii) have able acquaintance in affairs apropos to investments (being advance professionals falling aural Article 19(5) of the Banking Services and Markets Act 2000 (Financial Promotion) Order 2005, as adapted (the “Financial Promotion Order”)); (iii) abatement aural Article 49(2)(a) to (d) (“high net account companies, unincorporated associations, etc.”) of the Banking Promotion Order or (iv) to the admeasurement that accomplishing so does not ageism the allowable administration of the advertisement to the foregoing, are bodies to whom an allurement or attraction to appoint in advance action (within the acceptation of area 21 of the FSMA) in affiliation with the affair or auction of any balance may contrarily accurately be announced or acquired to be announced (all such bodies calm actuality referred to as “relevant persons”). This advertisement charge not be acted or relied aloft by bodies who are not accordant persons. Any advance or advance action to which this advertisement relates is accessible alone to accordant bodies and will be affianced in alone with accordant persons.

This columnist absolution may accommodate projections and added “forward-looking” statements aural the acceptation of the federal balance laws. Any such projections or statements reflect the accepted angle of CGG about approaching contest and banking performance. No assurances can be accustomed that such contest or achievement will action as projected and absolute after-effects may alter materially from these projections.

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