Vår Energi ASA

Report Publication Announcement • Mar 31, 2025

Vår Energi ASA publishes the Annual Report for 2024

Vår Energi ASA publishes the Annual Report for 2024

Sandnes, Norway 31 March 2025: The Board of Directors of Vår Energi ASA (OSE:

VAR) has approved the financial statements for 2024 and the Company has today

published the Annual Report for 2024, including financial and sustainability

reporting.

The report attached has been made available on the Company's

website www.varenergi.no in PDF and ESEF format, together with the Company's

Report on remuneration of the Executive management for 2024.

There are no material changes to the financial statements compared with the

preliminary and unaudited results for 2024 as reported by Vår Energi on 11

February 2025.

Contact

Investor relations

Ida Marie Fjellheim, VP Investor Relations

+47 90509291

ida.fjellheim@­varenergi.no

Media relations

Liv Jannie Omdal, VP Communications

+4797667137

liv.omdal@­varenergi.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 2030.

Vår Energi has around 1400 employees and equity stakes in 41 producing fields.

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

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