BlueNord ASA

BlueNord ASA: Announcement of Cash Dividend

Oslo, 18 July 2025: Reference is made to the second quarter 2025 results

published by BlueNord ASA ("BlueNord" or the "Company") on 10 July 2025 where

the Company announced a USD 49 million distribution in connection with the

second quarter results. Pursuant to the authorization to the board of directors

to pay dividends granted by the annual general meeting of the Company on 22 May

2025, the board of directors has today resolved to declare a cash dividend

payment of USD 49 million, to shareholders registered in the Company's

shareholder register on 29 July 2025 (record date).

Consequently, BlueNord's shares will be traded ex-dividend as of 28 July 2025.

Payment date is 6 August 2025. For Norwegian tax purposes, the dividend is

considered repayment of paid -in capital.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act and in accordance with the

requirements of the Continuing Obligations.

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Contact:

Cathrine Torgersen, Chief Corporate Affairs Officer

Phone: +47 915 28 501

About BlueNord ASA

BlueNord is a strategically important European oil and gas company that

specialises in producing and developing energy resources, and in activities

which support the energy transition. The Company has a 36.8 percent interest in

the Danish Underground Consortium (DUC) that is responsible for oil and gas

production in the Danish North Sea. BlueNord is listed on the Oslo Stock

Exchange and trades under the ticker "BNOR". For further information, please

visit: www.bluenord.com.

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