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Aker BP

Major Shareholding Notification Feb 13, 2023

3528_mrq_2023-02-13_31ae7457-c5ba-45d5-8261-034e2c86432b.pdf

Major Shareholding Notification

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The Capital Group Companies, Inc. 333 South Hope Street Los Angeles, CA 90071-1406

capitalgroup.com

09 February 2023

Aker BP ASA Attn: Kjetil Bakken +47-9188-9889 [email protected] Oslo Bors AS (Oslo Stock Exchange) 011 47 22 41 67 90 [email protected]

Norwegian Central Depository (VPS) 011 47 22 63 52 00 [email protected]

Re: The Capital Group Companies, Inc. - Disclosure of acquisition/disposition of large shareholdings - Aker BP ASA (the "Company")

The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management Company ("CRMC") and Capital Bank & Trust Company ("CB&T"). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of four investment management companies ("CGII management companies"): Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K. CGII management companies and CB&T primarily serve as investment managers to institutional clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of the Company for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

Pursuant to Section 4-3 of the Norwegian Securities Trading Act and the Securities Trading Act Regulations, we hereby disclose the following information.

On 09 February 2023, one of CGC's management companies, CRMC, had lent 35,284,202 shares of the Company, resulting in a shareholding amounting to 7.716% of total voting rights and 7.716% of total share capital, with 2.133% being actually held, and 5.582% being lent shares. Please see the enclosed Schedule A for the number of shares in the Company held by each management company in respect of which this notification relates.

For the purpose of this Report, the total voting rights figure of 632,022,210 votes and the total share capital figure of 632,022,210 shares were used to calculate the percentages. We believe these figures are correct; however, if these numbers are not accurate, please contact us as soon as possible so we may make the necessary revisions.

Should you have questions or require additional information, please contact us at (213) 615-0469 or via e-mail at [email protected].

Regards,

____________________

Torrence M. Frame Senior Compliance Associate

Schedule A - Aker BP ASA The Capital Group Companies, Inc. Transactions by Management Company As of 09 February 2023

Total Shares = Actual Shares + Lent Shares

Management Company Number of
Votes
Percent of total
voting rights
Number of
Shares
Percent of total
shares
Capital Research and Management Company 12,419,600 1.965% 12,419,600 1.965%
Capital International Limited 162,212 0.025% 162,212 0.025%
Capital International Sarl 114,745 0.018% 114,745 0.018%
Capital International, Inc. 754,054 0.119% 754,054 0.119%
Capital Group Investment Management Private
Limited
35,019 0.006% 35,019 0.006%
The Capital Group Companies, Inc. 13,485,630 2.133% 13,485,630 2.133%

Actual Shares

Management Company Number of
Votes
Percent of total
voting rights
Number of
Shares
Percent of total
shares
Capital Research and Management Company 47,703,802 7.548% 47,703,802 7.548%
Capital International Limited 162,212 0.025% 162,212 0.025%
Capital International Sarl 114,745 0.018% 114,745 0.018%
Capital International, Inc. 754,054 0.119% 754,054 0.119%
Capital Group Investment Management Private
Limited
35,019 0.006% 35,019 0.006%
The Capital Group Companies, Inc. 48,769,832 7.716% 48,769,832 7.716%

Lent Shares

Management Company Number of
Votes
Percent of total
voting rights
Number of
Shares
Percent of total
shares
Capital Research and Management Company -35,284,202 -5.582% -35,284,202 -5.582%
Capital International Limited 0 0.00% 0 0.00%
Capital International Sarl 0 0.00% 0 0.00%
Capital International, Inc. 0 0.00% 0 0.00%
Capital Group Investment Management Private
Limited
0 0.00% 0 0.00%
The Capital Group Companies, Inc. -35,284,202 -5.582% -35,284,202 -5.582%

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