PetroNor E&P ASA

AGM Information • May 28, 2021

Results of Annual General Meeting – Held on Friday 28 May 2021

Results of Annual General Meeting – Held on Friday 28 May 2021

28 May 2021

PetroNor E&P Limited

(“PetroNor” or the “Company”)

Results of Annual General Meeting – Held on Friday 28 May 2021

In accordance with section 251AA of the Corporations Act, PetroNor E&P Limited (OSE ticker: PNOR), the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, advises that all the resolutions as set out in the Notice of Meeting were duly passed by the Shareholders.

*****

PETRONOR E&P

ANNUAL GENERAL MEETING

PROXY RESULT

28 MAY 2021

RESOLUTION 1 – RE-ELECTION OF DIRECTOR – MR EYAS ALHOMOUZ

The following ordinary resolution was carried on a poll.

The Company’s Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 1 at the Annual General Meeting.

The poll results in respect of the resolution were as follows:

Instructions given on validly appointed proxies

For Against Abstain* Proxy’s Discretion

373,460,981 334 1,389 79

Number of votes cast on the poll

For Against Abstain*

373,461,060 334 1,389

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

As set out on the notice of meeting, the Chair has voted in favour of all the resolutions where there were undirected proxies (proxy’s discretion).

RESOLUTION 2 – RE-ELECTION OF DIRECTOR – MR ROGER STEINEPREIS

The following ordinary resolution was carried on a poll.

The Company’s Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 2 at the Annual General Meeting.

The poll results in respect of the resolution were as follows;

Instructions given on validly appointed proxies

For Against Abstain* Proxy’s Discretion

373,460,981 334 1,389 79

Number of votes cast on the poll

For Against Abstain*

373,461,060 334 1,389

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

As set out on the notice of meeting, the Chair has voted in favour of all the resolutions where there were undirected proxies (proxy’s discretion).

RESOLUTION 3 – RE-ELECTION OF DIRECTOR – MR ALEX NEULING

The following ordinary resolution was carried on a poll.

The Company’s Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 3 at the Annual General Meeting.

The poll results in respect of the resolution were as follows:

Instructions given on validly appointed proxies

For Against Abstain* Proxy’s Discretion

373,460,981 334 1,389 79

Number of votes cast on the poll

For Against Abstain*

373,461,060 334 1,389

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

As set out on the notice of meeting, the Chair has voted in favour of all the resolutions where there were undirected proxies (proxy’s discretion).

*****

For further information, please contact:

Knut Søvold, Chief Executive Officer

Chris Butler, Group Financial Controller

info@petronorep.com

Angeline Hicks, Company Secretary

Tel: +61 401 489 883

Media Contacts:

Buchanan

Ben Romney

Tel: +44 207 466 5000

About PetroNor E&P

PetroNor E&P Limited is a sub-Saharan focused independent oil and gas exploration and production company listed on Oslo Euronext Expand with the ticker PNOR. PetroNor 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).