Aker BP

Aker BP: First quarter 2025 trading update

Aker BP (OSE: AKRBP) will publish its report for the first quarter of 2025 on 7

May 2025. Today, the company provides preliminary production and sales figures

for the quarter.

Production and sales

The company's equity production for the quarter averaged 441.4 thousand barrels

of oil equivalent per day (mboepd). Due to overlift, the net volume sold during

the quarter was 457.6 mboepd.

Volume (mboepd) Q1-25 Q4-24 FY 2024

Net production 441.4 449.2 439.0

Overlift/(underlift) 16.1 (10.1) (9.0)

Net volume sold 457.6 439.2 430.0

Of which liquids 394.0 373.5 370.2

Of which natural gas 63.5 65.7 59.8

Realised prices (USD/boe) Q1-25 Q4-24 FY 2024

Liquids 75.0 74.1 80.1

Natural gas 85.2 79.0 62.9

Reporting date

The company will release its report for the first quarter of 2025 on 7 May 2025,

at 06:00 CEST. On the same day at 08:30 CEST, the management will present the

results via a webcast, available on www.akerbp.com/en. The presentation will be

followed by an online Q&A session.

Contacts

Carl Christian Bachke, IR Officer, tel.: +47 909 80 848

Martin Seland Simensen, IR Officer, tel.: +47 416 92 087

Kjetil Bakken, Head of IR, tel.: +47 918 89 889

About Aker BP:

Aker BP is a leading exploration and production company focused on oil and gas

operations on the Norwegian continental shelf. The company operates the Alvheim,

Edvard Grieg, Ivar Aasen, Skarv, Ula, and Valhall field centres and is a key

partner in the Johan Sverdrup field. Headquartered in Fornebu, Norway, Aker BP

is listed on the Oslo Børs under the ticker AKRBP. For more information, visit

www.akerbp.com/en.

This information is subject to disclosure requirements pursuant to section 5-12

of the Norwegian Securities Trading Act and requirements under the EU Market

Abuse Regulation.

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