BlueNord ASA

Notice of Extraordinary General Meeting & Announcement of Cash Dividend

Oslo, 29 October 2025: BlueNord ASA ("BlueNord" or the "Company") hereby calls

for an extraordinary general meeting (the "EGM") to be held on 20 November 2025

at 10:00 Oslo time to approve:

· Dividend for the third quarter of 2025;

· Interim balance sheet with a balance sheet date of 30 September 2025; and

· Share capital reduction by way of deleting own shares and reducing the

nominal value of the Company's shares.

The calling notice for the EGM is attached hereto.

Subject to approval by the EGM, the Company will pay a dividend of NOK 34.75 per

share to shareholders as of 20 November 2025 (as registered in Euronext

Securities Oslo (VPS) on 24 November 2025). Consequently, BlueNord's shares will

be traded ex-dividend as of 21 November 2025.

Payment date for the dividend will be on or about 27 November 2025, subject to

registration and announcement of the above mentioned interim balance sheet in

the Norwegian Register of Company Accounts. The dividend distribution is treated

by the Company as repayment of paid in capital for Norwegian tax purposes.

The general meeting will be held as a digital meeting only, with no physical

attendance for shareholders. Information about log-in details for the meeting

and documents to be processed in the meeting will be available on the Company's

website www.bluenord.com.

This information is subject to disclosure requirements pursuant to section 5-12

of the Norwegian Securities Trading Act.

***

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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