Vår Energi ASA

Vår Energi ASA: Notification of trade by primary insider and close associate

Sandnes, Norway, 26 February 2025: Employee board representative, Jan Inge

Nesheim in Vår Energi bought 3 500 shares in the company at a price of NOK 33.00

per share. Following the purchase, Jan Inge Neshem holds a total of 53 068

shares in Vår Energi ASA.

In addition, a close associate of Jan Inge Nesheim, bought 450 shares in the

company at a price of NOK 33.00 per share.

Details on the transaction is included in the attached notification of trading.

This information is subject to the disclosure requirements pursuant to MAR

article 19 and Section 5-12 the Norwegian Securities Trading Act.

Contact

Investor relations

Ida Marie Fjellheim, VP Investor Relations

+47 90509291

ida.fjellheim@varenergi.no (ida.fjellheim@%C2%AD%C2%ADvarenergi.no)

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the

Norwegian continental shelf (NCS). We are committed to deliver a better future

through responsible value driven growth based on over 50 years of NCS

operations, a robust and diversified asset portfolio with ongoing development

projects, and a strong exploration track record. Safe and responsible operations

are at the core of our strategy. Our ambition is to be the safest operator on

the NCS, and to become carbon neutral in our net equity operational emissions by

Vår Energi has around 1400 employees and equity stakes in 40 producing fields.

We have our headquarters outside Stavanger, Norway, with offices in Oslo,

Hammerfest and Florø. To learn more, please visit varenergi.no.

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