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Aker BP

Major Shareholding Notification May 23, 2022

3528_mrq_2022-05-23_af698837-accb-4290-b273-943aad6f2a37.pdf

Major Shareholding Notification

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The Capital Group Companies, Inc. 333 South Hope Street Los Angeles, CA 90071-1406

capitalgroup.com

19 May 2022

Aker BP ASA Attn: Marit Blaasmo +47 51 35 30 00 [email protected] Oslo Bors AS (Oslo Stock Exchange) 011 47 22 41 67 90 [email protected]

Norwegian Central Depository (VPS) 011 47 22 63 52 00 [email protected]

Re: The Capital Group Companies, Inc. - Disclosure of acquisition/disposition of large shareholdings - Aker BP ASA (the "Company")

The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management Company ("CRMC") and Capital Bank & Trust Company ("CB&T"). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of four investment management companies ("CGII management companies"): Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K. CGII management companies and CB&T primarily serve as investment managers to institutional clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of the Company for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

Pursuant to Section 4-3 of the Norwegian Securities Trading Act and the Securities Trading Act Regulations, we hereby disclose the following information.

On 19 May 2022, one or more of CGC's management companies acquired 310,167 shares of the Company, resulting in a shareholding amounting to 5.010% of total voting rights and 5.010% of total share capital. Please see the enclosed Schedule A for transaction details and Schedule B for the number of shares in the Company held by each management company in respect of which this notification relates.

For the purpose of this Report, the total voting rights figure of 360,113,509 votes and the total share capital figure of 360,113,509 shares were used to calculate the percentages. We believe these figures are correct; however, if these numbers are not accurate, please contact us as soon as possible so we may make the necessary revisions.

Should you have questions or require additional information, please contact us at (213) 615-0469 or via e-mail at [email protected].

Regards,

_____________________ Abraham Torres

Compliance Specialist

Schedule A - Aker BP ASA The Capital Group Companies, Inc. Transactions by Management Company As of 19 May 2022

Management Company Date of
transaction
Nature of
change
Price per
share
Class and number
of securities
transacted
Votes
affected
Capital Research and
Management Company
19 May
2022
Purchase 374.0371 NOK 298,233 Common
Stock
298,233
Capital International, Inc. 19 May
2022
Purchase 374.0371 NOK 11,934 Common
Stock
11,934

Schedule B - Aker BP ASA The Capital Group Companies, Inc. Holdings by Management Company As of 19 May 2022

Management Company Number of
Votes
Percent of total
voting rights
Number of
Shares
Percent of total
shares
Capital Research and Management Company 17,462,201 4.849% 17,462,201 4.849%
Capital International Limited 140,164 0.039% 140,164 0.039%
Capital International Sarl 60,426 0.017% 60,426 0.017%
Capital International, Inc. 378,641 0.105% 378,641 0.105%
The Capital Group Companies, Inc. 18,041,432 5.010% 18,041,432 5.010%

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