Sandnes, Norway, 29 April 2025: The shares in Vår Energi ASA (OSE: VAR) will be
traded ex dividend of NOK 1.245 per share for the first quarter of 2025, as of
today, 29 April.

With reference to the stock market announcement on 23 April, the Board of Vår
Energi ASA resolved to pay a dividend payment of NOK 1.245 per share, NOK 3 108
025 776 in total, equal to USD 300 million, relating to Q1 2025. The dividend
will be paid on 8 May in NOK and the NOK dividend amount is based on the daily
exchange rate published by Norges Bank 22 April 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.

Safe and responsible operations are at the core of our strategy. Our ambition is
to be the safest operator on the NCS, and to become carbon neutral in our net
equity operational emissions by 2030.

Vår Energi has around 1400 employees and equity stakes in 42 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 29 April 2025 at 07:00 CET.