PetroNor E&P ASA

AGM Information • Feb 9, 2022

PetroNor E&P ASA: Minutes from the Extraordinary General Meeting on 9 February 2022

Oslo, 9 February 2022: PetroNor E&P ASA ("PetroNor Norway"), a wholly owned subsidiary of PetroNor E&P Limited (OSE ticker: PNOR, "PetroNor Australia"), held its Extraordinary General Meeting today. All the items on the were adopted by the sole shareholder PetroNor E&P Limited.

The sole item on the agenda was election of a new board of directors for PetroNor Norway. Certain board members of PetroNor Australia were elected as new board members of PetroNor Norway. Jens Pace has stepped down from his previous position as board member given his new role as interim CEO of PetroNor Norway.

The minutes of the Extraordinary General Meeting are attached to this announcement and can be found on our website www.petronorep.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Investor Relations Email: ir@petronorep.com www.petronorep.com

About PetroNor E&P Limited

PetroNor E&P Limited is an Africa-focused independent oil and gas exploration and production company listed on Oslo Euronext Expand with the ticker PNOR. PetroNor E&P Limited holds exploration and production assets offshore West Africa, specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal (in arbitration) and OML-113 in Nigeria (subject to completion).