Panoro Energy ASA

Pre-Annual General Meeting Information • May 4, 2021

Panoro Energy: Notice of Annual General Meeting 2021

Panoro Energy: Notice of Annual General Meeting 2021

Oslo, 4 May 2021 - Panoro Energy ASA, ("Panoro" or the "Company" with OSE

Ticker: PEN) today announces that the Annual General Meeting ("AGM") scheduled

for 27 May 2021 will be held at 10am CEST at the Company's offices located at

Schjødt law- firm, Ruseløkkveien 14, Oslo, Norway.The formal notice of the AGM

is attached to this release and can also be downloaded from our website at

www.panoroenergy.com.

Due to the extraordinary situation with Covid-19, shareholders are strongly

encouraged not to attend the AGM in person, but rather provide electronic votes

or voting proxies.

As usual for the Company's general meetings, shareholders may provide votes

prior to the AGM via the electronic VPS system or by submission of a proxy.A

link to the electronic system for registration of advance votes will be

available on our website. Proxy forms are attached to the calling notice.The

Company has arranged for shareholders to be able to call in to the AGM and as

such participate in the meeting and have the possibility to raise questions to

the Company's representatives. Please register your participation for this event

using the details below.Joining instructions will be emailed to the participants

once registration information is submitted. The audio Q&A feature will only be

available for attendees who register and join the event online. Please note that

it is not possible to cast votes via online or telephonic participation.

Date and 27 May 2021, 10:00am CEST

Time:

Registration: https://attendee.gotowebinar.com/register/7128913851211391760

After registering, participants will receive a confirmation

email containing information about joining the

event.Participants can use their telephone or computer

microphone and speakers (VoIP).

Please join the event at least five minutes before the scheduled start time.The

registration will also be available on our website at www.panoroenergy.com.

Enquiries

For further information, please contact: Investors: investors@panoroenergy.com

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

Follow us on Linkedin (https://www.linkedin.com/company/panoro-energy)

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.