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PetroNor E&P ASA

Major Shareholding Notification • Aug 25, 2022

3710_mrq_2022-08-25_6923cc30-c975-4816-b340-0b9186c4aa65.html

Major Shareholding Notification

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Flagging Announcement: Major Shareholding in PetroNor E&P ASA

Oslo, 25 August 2022 – Panoro Energy ASA (“Panoro” or the “Company”) with OSE Ticker: “PEN”) confirms that following the previously disclosed resolution by the board of directors of the Company to distribute shares in PetroNor E&P ASA as a dividend in specie, 92,126,288 shares have been delivered to eligible shareholders of Panoro. Following such delivery, the Company now holds 4,451,249 shares in PetroNor E&P ASA, which represents 0.31% of all outstanding shares and votes in PetroNor E&P ASA. Consequently, the threshold of 5% holding of shares and votes has been crossed.

This announcement is made pursuant to the Continuing Obligations of Euronext Oslo Børs.