With reference to the stock market announcement on 22 October, the Board of Vår Energi ASA resolved to pay a dividend payment of NOK 1.180 per share, NOK 2 945 759 370 in total, equal to USD 270 million, relating to Q3 2024. The dividend will be paid on 5 November 2024 in NOK and the NOK dividend amount is based on the daily exchange rate published by Norges Bank 21 October 2024 approximately at 1600hrs CET.

Contact

Investor relations

Ida Marie Fjellheim, VP Investor Relations

+47 90509291

ida.fjellheim@varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS). We are committed to deliver a better future through responsible value driven growth based on over 50 years of NCS operations, a robust and diversified asset portfolio with ongoing development projects, and a strong exploration track record. Our ambition is to be the safest operator on the NCS, the partner of choice, an ESG leader with a tangible plan to reduce emissions from our operations by 50% within 2030. Vår Energi has around 1400 employees and equity stakes in 43 producing fields. We have our headquarters outside Stavanger, Norway, with offices in Oslo, Hammerfest and Florø. To learn more, please visit varenergi.no.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Ida Fjellheim, VP Investor Relations at Vår Energi ASA, on 28 October 2024 at 07:00 CET.