Panoro Energy ASA

Interest Rate Update/Notice • Jul 2, 2020

Interest Adjustment

To: Nordic ABM Reference: ABM Date: 2020-07-02 13.44.39

Det er fastsatt ny rente for følgende lån:

ISIN	Lånenavn	Ny rentesats	Renteperiode (fra og med – til)	Dager	Ticker
NO0010820103	FRN Pandion Energy AS Bond Issue 2018/2023	7,60%	06.07.2020 - 05.10.2020	91	PANE01 PRO

Den nye rentesats (og rentebindingsperiode) er fastsatt i henhold til avtale, jf. låneavtalens og tegningsinnbydelsens/lånebeskrivelsens bestemmelser.

Interest Adjustment

New interest has been set for:

ISIN	Official Name	New Coupon	Period (from and including – to)	Days	Ticker

The new interest rate and period have been set in accordance with the bond agreement; see the loan agreement and loan prospectus/description for regulations.

Med vennlig hilsen / Best regards

For Nordic Trustee (NO)

Cecilie Natalie Haug