Aker BP

Related Party Transaction • Oct 16, 2023

Sale of shares to employees

Sale of shares to employees

Reference is made to Aker BP's announcement from 21 September 2023 regarding the company’s annual share purchase programme for employees.

The transactions have now been completed, and the final number of shares sold to employees was 862,255. The shares were sold at a price of NOK 230.02 per share, representing a 25 percent discount to the reference market price, and are subject to a three-year lock-up period. After these transactions, Aker BP holds 724,501 own shares.

Contact:

Kjetil Bakken, Head of Investor Relations, tel.: +47 918 89 889

About Aker BP:

Aker BP is a company engaged in exploration, field development and production of oil and gas on the Norwegian continental shelf. The company operates the field centres Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula and Valhall, and is a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on Oslo Børs under the ticker AKRBP. More about Aker BP at www.akerbp.com.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and requirements under the EU Market Abuse Regulation.