Panoro Energy ASA

Director's Dealing • Apr 10, 2025

Mandatory Notification of Trades – Chairman Buys Shares in Panoro Energy ASA

Oslo, 10 April 2025 - Julien Balkany, Chairman of the Board of Panoro Energy ASA (the "Company") on 9 April 2025 acquired 50,000 shares in the Company on open market at a price per share of NOK 21.70. Following this transaction, Mr. Balkany directly and indirectly controls 3,812,211 shares representing 3.2599% in the Company. In addition to this, Mr. Balkany holds 48,000 options in the Company.

Further detail of the transaction is set forth in the attached notification.

This information is subject to the disclosure requirements pursuant to section 5 -12 and section 4-2 of the Norwegian Securities Trading Act.

Enquiries

Qazi Qadeer, Chief Financial Officer Tel: +44 203 405 1060 Email: investors@panoroenergy.com

About Panoro Energy

Panoro Energy ASA is an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely interests in Block-G, Block S, Block EG-01 and Block EG-23 offshore Equatorial Guinea, the Dussafu Marin, Niosi Marin and Guduma Marin Licenses offshore southern Gabon, the TPS operated assets in Tunisia and onshore Exploration Right 376 in South Africa.

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