OKEA ASA

Remuneration Information • Sep 14, 2023

OKEA ASA – Mandatory notifications of trades by primary insiders

Trondheim, 14 September 2023.

Reference is made to the stock exchange announcement 13 September 2023 regarding completed a share purchase in connection with the compensation package for the board of directors and the long-term incentive plan (LTIP) for senior management.

Copies of the final notification of persons discharging managerial responsibilities ("PDMRs") for their respective participation in the transactions are attached hereto.

This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

VP IR & Communication, Anca Jalba, anca.jalba@okea.no , +47 41 08 79 88

About OKEA

OKEA ASA is a leading mid-to-late-life operator on the Norwegian continental shelf (NCS). OKEA finds value where others divest and has an ambitious strategy built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE: OKEA).

More information is available at www.okea.no