Vår Energi ASA

Report Publication Announcement • May 5, 2022

Vår Energi ASA to hold fixed income investor meetings

Vår Energi ASA to hold fixed income investor meetings

Sandnes, Norway, 5 May 2022: Vår Energi ASA (OSE: VAR) today announce that a

series of fixed income investor calls will be arranged. A debut multi-tranche

U.S. dollar-denominated benchmark Rule 144A / Reg S senior unsecured notes

offering may follow subject to market conditions. The purpose of the

contemplated notes issue is partial refinancing of the bridge-to-bond facility

maturing in November 2023.

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 246,000 boe per day in 2021. 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.