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PetroNor E&P ASA

Legal Proceedings Report May 15, 2024

3710_iss_2024-05-15_3bdf7504-e020-4e85-8e40-19aee5acd3e1.html

Legal Proceedings Report

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PetroNor E&P ASA: Correction to Company update re Økokrim Charges

PetroNor E&P ASA: Correction to Company update re Økokrim Charges

Oslo, 15 May 2024: PetroNor E&P ASA ("PetroNor" or the "Company") refers to the Company statement issued on 13 May 2024 which discussed revisions to the 2021 charges and allegation of corruption against two individuals related to the Company.

The statement could be read to imply that Eyas Alhomouz was also subject to these charges which is not the case. Both Mr. Alhomouz and the Company have been given the formal status as suspects in the Økokrim investigation into market disclosures resulting from the revised charges against the individuals however neither Mr. Alhomouz nor PetroNor are charged.

The statement has been corrected in the Company’s Q1 Interim Report which is released today.

For further information, please contact:

Investor Relations

Email: [email protected]

www.petronorep.com

About PetroNor E&P ASA

PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA holds exploration and production assets offshore West Africa, specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia and OML-113 in Nigeria.

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