Aker BP

Transaction in Own Shares • Sep 21, 2023

Employees buy shares in Aker BP

Employees buy shares in Aker BP

Aker BP has received subscriptions from employees for a total of 866,210 shares

at a discounted price of NOK 230.02 per share through the company's annual share

purchase programme. The subscription price represents a 25 percent discount to

the reference market price, and the shares are subject to a three-year lock-up

period. Approximately 61 percent of the company's employees subscribed in the

program, including the following primary insiders:

Primary Position Shares purchased New holding

insider

Sarah Deputy employee representative 347 2,572

Alexandra

Berg

Marit Blaasmo SVP People and Safety 652 7,406

Hilde Kristin Employee representative 130 1,640

Brevik

Ine Dolve SVP Alvheim 652 7,425

Paula Doyle Chief Digital Officer 309 309

Rune Karstein Deputy employee representative 1,591 9,479

Fauskanger

Ingard Employee representative 309 1,257

Haugeberg

Karl Johnny Chief Executive Officer 2,173 2,173

Hersvik

Thomas Hoff SVP Ula 1,521 4,631

-Hansen

Thomas Husvæg Deputy employee representative 309 441

Lars Høier SVP Yggdrasil 2,949 10,719

Ole Johan SVP Valhall 2,971 18,141

Molvig

Knut Arne SVP Projects 869 5,980

Kristian

Sandvik

David Tønne* Chief Financial Officer 3,651 24,034

Sofie Board member Aker ASA 870 1,897

Valdersnes**

Georg Olav SVP Operations 1,304 2,857

Vidnes

Tore Vik Employee representative 1,041 5,580

Thomas SVP Skarv 434 743

Øvretveit

Prior to the completion of these transactions, Aker BP held 1,590,711 of its own

shares, with an estimated holding of 724,501 shares after completion. A new

notification will be issued if any changes occur.

Formal notifications for each of the primary insiders' transactions are

attached.

* David Tønne has simultaneously sold 2,552 Aker BP shares at an average price

of NOK 296.00, which has been reflected in the new number of shares held. The

formal notification is included in the attachment.

** Sofie Valdersnes is primary insider in Aker ASA, who will issue the formal

notification for this transaction.

Contact:

Kjetil Bakken, VP 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.