Aker BP

Notice of Dividend Amount • Feb 11, 2020

Key information relating to the cash dividend to be paid by Aker BP ASA

Dividend amount: USD 0.5901 per share (NOK 5,45251 per share)

Declared currency: USD

Last day of trading including right: 12 February 2020

Ex-date: 13 February 2020

Record date: 14February 2020

Payment date: 24February 2020

Date of approval: 10 February 2020

As per the updated loan agreement in the DETNOR02 bond loan (ISIN: NO 001068414.5), clause 12.4, bondholders have an option to put bonds at 107% of the dividend distribution amount. A distribution event notice will be sent to bondholders on the dividend payment date.

Contacts:

Investor contact: Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889 Media contact: Ole-Johan Faret, Press Spokesman, 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 of Alvheim, Ivar Aasen, 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 'AKERBP'. More about Aker BP at www.akerbp.com.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.