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Panoro Energy ASA

Transaction in Own Shares Sep 12, 2025

3706_rns_2025-09-12_71ba378f-f95c-4369-8654-908be4d40135.pdf

Transaction in Own Shares

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Panoro Energy ASA - Announces Transactions Made Under the Company's Share Buyback Program

Oslo, 12 September 2025 – Panoro Energy ASA ("Panoro" or the "Company") (OSE: PEN) initiated a share buyback program on June 02, 2025, to repurchase up to NOK 100 million in value of the Company's common shares in open market transactions on the OSE

For the period from and including 08 September - 12 September 2025, Panoro purchased a total of 70,000 shares at an average price of NOK 22.9749 per share.

Date Trading
Venue
Volume Weighted
average share
price (NOK)
Total daily
cumulative
transaction value
(NOK)
12 September 2025 OSE 70,000 22.9749 1,608,243
Period total 70,000 22.9749 1,608,243
Previously
disclosed
buybacks under
the program
(accumulated)
894,250 24.2372 21,674,073
Share Buy-back
Total *
964,250 24.1455 23,282,316

Transaction overview

* The commission cost to date for the share buy-back program amounts to NOK 46,565.

Program total cost: NOK 23,328,881

The issuer's holding of own shares: 654,380

Following the completion of the above transactions, Panoro owned a total of 654,380 of its own shares, corresponding to 0.57683% of Panoro's share capital.

Appendix:

An overview of all transactions made under the Company's repurchase program that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

Contact information

For further information, please contact: [email protected]

About Panoro

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.

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