Panoro Energy ASA

Declaration of Voting Results & Voting Rights Announcements • May 12, 2025

MANDATORY NOTIFICATION OF VOTING RIGHTS - 2025 AGM

MANDATORY NOTIFICATION OF VOTING RIGHTS - 2025 AGM

Oslo, 12 May 2025 - In connection with the annual general meeting scheduled for

21 May 2025 (the "AGM"), chairman of the board of directors Julien Balkany has

received proxies without voting instructions representing 3,499,635 shares and

votes, equal to 2.99% of all issued shares and votes. The proxies are valid only

for the AGM.

In addition, Mr. Balkany controls, directly or indirectly, a total of 3,812,211

shares and votes which, together with received proxies, means that Mr. Balkany

controls 7,311,846 shares and votes, equal to 6.25%, at the AGM. Consequently,

the 5% disclosure threshold has been crossed.

This information is subject to the disclosure requirements pursuant to section 4

-3 of the Securities Trading Act.

Oslo, Panoro Energy ASA