Sandnes, Norway, 28 October 2024: The shares in Vår Energi ASA (OSE: VAR) will
be traded ex dividend of NOK 1.180 per share for the third quarter of 2024, as
of today, 28 October.

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.