Aker BP

Aker BP ASA announces pricing of Euro Senior Notes offering

Aker BP ASA is pleased to announce that it has priced an offering of EUR 750

million Senior Notes under Aker BP ASA's Euro Medium Term Note programme. The

Notes mature 29 May 2032 and carry an annual fixed coupon of 4.000%. The issue

price was 99.731, equivalent to a yield of 4.04%. The offering will settle on 29

May 2024.

The Notes will be listed on the regulated market of the Luxembourg Stock

Exchange and the use of proceeds are for general corporate purposes.

The Joint Bookrunners for the transaction are ABN AMRO, Barclays, Nordea, SEB,

UniCredit and Wells Fargo.

Contacts:

John Ole Hægeland, Head of Corporate Finance, tel.: +47 906 06 169

Kjetil Bakken, Head of IR, tel.: +47 918 89 889

This announcement does not constitute an offer to sell or the solicitation of an

offer to buy any securities of Aker BP ASA nor shall there be any sale of these

securities in any jurisdiction in which such offer, solicitation or sale would

be unlawful prior to registration or qualification under the securities laws of

such jurisdiction.

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

of the Norwegian Securities Trading Act and requirements under the EU Market

Abuse Regulation.

About Aker BP:

Aker BP is a company engaged in exploration, field development and production of

oil and gas on the Norwegian continental shelf. The company operates the field

centres Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula and Valhall, and is a

partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu,

Norway, and is listed on Oslo Børs under the ticker AKRBP. More about Aker BP at

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