Panoro Energy ASA

Panoro Energy announces results of 2021 Annual General Meeting

Oslo, 27 May 2021- Panoro Energy ASA (the "Company" or "Panoro" with OSE ticker:

PEN), an independent oil and gas company, held its 2021 Annual General Meeting

of Shareholders in Oslo today, and the nominees listed in the notice of the

General Meeting were elected as directors of the Company. Mr. Julien Balkany and

Mr. Torstein Sanness were re-appointed as Chairman and Deputy Chairman of the

Board of Directors, respectively.

A large majority of shareholders of the Company have voted in favour of all the

other items on the agenda as proposed by the Board of Directors. A copy of the

minutes of the Annual General Meeting is available to download from the meetings

section our website at www.panoroenergy.com and as an enclosure to this press

release.

About Panoro Energy

Panoro Energy ASA is an independent exploration and production company based in

London and listed on the main board of the Oslo Stock Exchange with the ticker

PEN. Panoro holds production, exploration and development assets in Africa,

namely a producing interest in Block-G, offshore Equatorial Guinea, the Dussafu

License offshore southern Gabon, OML 113 offshore western Nigeria (held-for

-sale, subject to completion), the TPS operated assets, Sfax Offshore

Exploration Permit and Ras El Besh Concession, offshore Tunisia and

participation interest in an exploration Block 2B, offshore South Africa.

Visit us at www.panoroenergy.com

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