Vår Energi ASA

AGM Information • May 12, 2025

Vår Energi ASA: Extraordinary general meeting held

Vår Energi ASA: Extraordinary general meeting held

Sandnes, Norway, 12 May 2025: The annual general meeting of Vår Energi ASA (the

"Company") (OSE: VAR) was held today, 12 May 2025, at 15:00 (CEST). The meeting

was held as a digital event.

In accordance with the proposals made by the Company's election committee, the

general meeting reelected Liv Monica Bargem Stubholt, Fabio Ignazio Romeo,

Francesco Gattei and Guido Brusco as members of the Company's board.

Consequently, the board will have the following composition[1]:

· Thorhild Widvey, chair (2024-26)

· Liv Monica Bargem Stubholt, deputy chair (2025-27)

· Ole Johan Gillebo, director (2024-26)

· Fabio Ignazio Romeo, director (2025-27)

· Guido Brusco, director (2025-27)

· Francesco Gattei, director (2025-27)

· Francesca Rinaldi, director (2024-26)

· Claudia Almadori, director (2024-26)

· Carl Anders Olof Kjörling, employee representative (2024-26)

· Lilli Fagerdal, employee representative (2024-26)

· Jan Inge Nesheim, employee representative (2024-26)

· Martha Skjæveland, employee representative (2024-26)

All resolutions were approved in accordance with the proposals set out in the

notice for the general meeting dated 15 April 2025. The complete minutes from

the meeting will be made accessible on https://varenergi.no/en/about

-us/organisational-structure-and-governance/general

-meeting/ (https://protect.checkpoint.com/v2/r02/___https:/varenergi.no/jsdfgtzy

-zxdtwlfsnxfyntsfq-xywzhyzwj-fsi-ltAjwsfshjdljsjwfq

-rjjynsld___.YzJlOnNjaGpkdGFzOmM6bzo4Yzg1NWFkODg4MGY2NDZiNDNkYWRlNWIxZDczMTZhYzo3

OjM0NDg6Y2I3YWNhMGFlMmI1OTRlYWY0OWYzYWM5MmVlMDU2Y2Q0NjMwZTg2MDFlNzZlOTg0ZTAwZWVmY

zkxY2QyNmM2NjpwOlQ6VA)

1. Length of term in brackets

Contact

Investor relations

Ida Marie Fjellheim, VP Investor Relations

+47 90509291

ida.fjellheim@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 42 producing fields.

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

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