Aker BP

Transaction in Own Shares • Jul 16, 2021

Aker BP to buy shares for employee plan

Aker BP plans to buy up to 500.000 own shares in connection with the company's employee share saving plan. The minimum and maximum amount to be paid per share is NOK 50 and NOK 500 respectively, representing a maximum amount of NOK 250 million. The purchases will be completed by 31 August 2021.

Contacts:

Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889

About Aker BP:

Aker BP is an independent E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker 'AKRBP'. More about Aker BP at www.akerbp.com.

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