Aker BP — M&A Activity 2022

Oct 14, 2022

Merger with wholly owned subsidiary completed

Merger with wholly owned subsidiary completed

Reference is made to previous announcements regarding the merger between Aker BP

ASA ("Aker BP") and its wholly owned Dutch subsidiary ABP Energy Holding B.V

("AEH").

The merger has now been completed. Consequently, Aker BP has assumed all assets,

rights and obligations of AEH, and AEH has simultaneously been dissolved.

The merger has been executed without merger consideration and Aker BP's share

capital remains the same.

Contact:

Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889

About Aker BP:

Aker BP is an independent E&P company with exploration, development and

production activities on the Norwegian Continental Shelf. Aker BP is the

operator of Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Valhall, Hod, Ula and

Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is

headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under

the ticker 'AKRBP'. More about Aker BP at www.akerbp.com.

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

of the Norwegian Securities Trading Act.