Vår Energi ASA

Report Publication Announcement • Feb 16, 2023

Vår Energi: Annual Statement of Reserves 2022

Vår Energi: Annual Statement of Reserves 2022

Sandnes, Norway, 16 February 2023: Vår Energi ASA (OSE: VAR) has today released

the Annual Statement of Reserves for 2022. Please find the report attached.

The report is also available on Vår Energi's websites: Vår Energi - Reports &

Presentations (varenergi.no) (https://investors.varenergi.no/reports-and

-presentations/default.aspx)

Contact

Investor relations

Ida Marie Fjellheim, Head of Investor Relations

+47 90509291

ida.fjellheim@varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the

Norwegian continental shelf (NCS). We are committed to deliver a better future

through responsible value driven growth based on over 50 years of NCS

operations, a robust and diversified asset portfolio with ongoing development

projects, and a strong exploration track record. Our ambition is to be the

safest operator on the NCS, the partner of choice, an ESG leader and a net-zero

producer (Scope 1 and 2) by 2030.

Vår Energi has more than 900 employees and equity stakes in 36 fields producing

net 220,000 boe per day in 2022. We have our headquarters outside Stavanger,

Norway, with offices in Oslo and Hammerfest. To learn more, please visit

varenergi.no.

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to Section 5-12 the Norwegian Securities Trading Act. This stock exchange

release was published by Ida Fjellheim, Head of Investor Relations at Vår Energi

ASA, on 16 February 2023 at 07:00 CET.