OKEA ASA

Notice of Dividend Amount • May 23, 2022

OKEA ASA – Key information relating to the cash dividend to be paid

(Trondheim, 23 May 2022) OKEA ASA (OSE: OKEA)

• Dividend amount: NOK 0.90 per share
• Announced currency: NOK
• Last day including right: 1 June 2022
• Ex-date: 2 June 2022
• Record date: 3 June 2022
• Payment date: 15 June 2022
• Date of approval: 23 May 2022

For further information, please contact:

CFO, Birte Norheim, + 47 952 93 321

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act and the requirements of the Continuing Obligations.

About OKEA

OKEA ASA is a leading mid- to late-life operator on the Norwegian continental shelf (NCS) with a current target production of 18,500 – 20,000 boe per day in 2022 (before the asset acquisition from Wintershall Dea as announced today). 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 at www.okea.no