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OKEA ASA

Transaction in Own Shares • Mar 19, 2025

3701_rns_2025-03-19_4fef5924-cf34-4c20-bb0f-b83e54d05647.pdf

Transaction in Own Shares

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OKEA ASA - Purchases under sharebased bonus program

(Trondheim, 19 March 2025) OKEA ASA (OSE: OKEA) ("OKEA" or the "Company"). Reference is made to the stock exchange announcement made 11 March 2025 regarding initiation of share purchase by Pareto for an aggregate amount of up to NOK 27,778,226.61 on behalf of employees in the Company.

From 11 March through 19 March, a total of 567,800 shares in the Company have been purchased at an average purchase price of NOK 18.0139 per share, amounting to NOK 10,228,292.42.

For further information, please contact:  Birte Norheim, CFO

[email protected]

+47 952 933 21

About OKEA

OKEA ASA is a leading mid- and late-life operator on the Norwegian continental shelf (NCS). OKEA finds value where others divest and has an ambitious strategy built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE:OKEA)

More information at www.okea.no