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Panoro Energy ASA

Share Issue/Capital Change May 30, 2025

3706_dva_2025-05-30_bf0bd96d-a614-406c-af50-297d9bf332d1.html

Share Issue/Capital Change

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Cancellation of Treasury Shares

Cancellation of Treasury Shares

Oslo, 30 May 2025 - Reference is made to the stock exchange release dated 20 May

2025 where a contemplated cancellation of 3,500,000 treasury shares was noted.

The cancellation has now been resolved and completed, and following registration

with the Register of Business Enterprises the registered share capital of Panoro

Energy ASA is NOK 5,672,202.40, divided on 113,444,048 shares, each with a

nominal value of NOK 0.05.

Enquiries

Qazi Qadeer, Chief Financial Officer

Tel: +44 203 405 1060

Email: [email protected]

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.

Visit us at www.panoroenergy.com.

Follow us on LinkedIn (https://www.linkedin.com/company/panoro-energy)

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