Aker BP

Legal Proceedings Report • Feb 16, 2021

No strike on Mongstad

The employer organisation Norwegian Oil and Gas Association and the trade union SAFE, managed to find a solution in their mediation.

This means there will be no strike at Mongstad terminal, and production operations at the Johan Sverdrup field will continue as normal.

For further details, see the Norwegian Oil and Gas Association news page https://www.norskoljeoggass.no/

Contacts:

Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889 Ole-Johan Faret, Press Spokesperson, tel.: +47 402 24 217

About Aker BP:

Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf.Aker BP is the operator ofAlvheim, IvarAasen, 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 aboutAker BP at www.akerbp.com.