PetroNor E&P ASA

AGM Information • May 4, 2023

PetroNor E&P ASA: Notice of Annual General Meeting 25 May 2023

PetroNor E&P ASA: Notice of Annual General Meeting 25 May 2023

PetroNor E&P ASA: Notice of Annual General Meeting 25 May 2023

Oslo, 4 May 2023: The annual general meeting of PetroNor E&P ASA (OSE ticker: PNOR, “PetroNor”) will be held Tuesday 25 May 2023 at 10:00 CEST. The meeting will be held virtually through the facilities of Lumi.

The notice of the annual general meeting is attached to this announcement. The notice and enclosures may also be found at: www.petronorep.com.

It follows from the notice that the board proposes to carry out a reverse stock split in the ratio 10:1 whereby ten existing shares, each with a nominal value of NOK 0.001, will give one share with a nominal value of NOK 0.01. The purpose is to comply with Oslo Børs’ continuing obligations for listed companies in relation to minimum share price.

Shareholders participating must go to the following website: https://web.lumiagm.com and enter the Meeting ID 140-456-820. Shareholders that wish to participate in the general meeting must register their participation by 4 PM (CEST) on 23 May 2023. Information about registration and participation is further described in the notice.

For further information, please contact:

Investor Relations

Email: ir@petronorep.com

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, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal (in arbitration) and OML-113 in Nigeria.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.