Sandnes, Norway, 17 February 2025: The shares in Vår Energi ASA (OSE: VAR) will
be traded ex dividend of NOK 1.213 per share for the fourth quarter of 2024, as
of today, 17 February.

With reference to the stock market announcement on 11 February, the Board of Vår
Energi ASA resolved to pay a dividend payment of NOK 1.213 per share, NOK
 3 028 140 776 in total, equal to USD 270 million, relating to Q4 2024. The
dividend will be paid on 25 February in NOK and the NOK dividend amount is based
on the daily exchange rate published by Norges Bank 10 February 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 40 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 17 February 2025 at 07:00 CET.