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Aker BP

Related Party Transaction Sep 14, 2020

3528_dirs_2020-09-14_543896d0-3c00-4990-82d9-c81fa3d1f863.pdf

Related Party Transaction

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Aker BP: Notifiable trading

Under Aker BP's annual share saving plan, primary insiders of the company have subscribed and been allocated shares inAker BP according to the table below. The shares are offered at a price of NOK 117.86, representing a 25 percent discount to the reference market price, and are subject to a three-year lock-up.

Primaryinsider Position Shares ordered New holding
Aas, Nina Deputyemployee representative 1,092 3,892
Aune,Oddbjørn Deputyemployee representative 1,728 5,796
Bakken, Kjetil VPInvestor Relations 2,153 5,499
Blaasmo, Marit SVPfor HSSEQ 2,153 2,153
Brevik, Hilde Kristin Deputyemployee representative 371 721
Dolve, Ine SVPOperations &Asset Development 1,304 4,033
Haugeberg, Ingard Employee representative 540 1,510
Helgesen,Anette Hoel Employee representative 1,134 1,134
Hersvik, Karl Johnny CEO 4,274 10,355
Holstad,Ørjan Employee representative 1,728 4,384
Høier, Lars SVPandAsset Manager NOAKA 3,171 5,675
Kongelf, Per Harald SVPImprovement 5,546 5,546
Landøy, Lene SVPStrategy& Business Development 3,001 10,122
Langballe, Tore Dammann VPCommunication 2,577 6,026
Maurseth,Anniken VPLegal 3,256 13,007
Sandvik, KnutArne Kristian SVPProjects 2,577 2,577
Sigmundstad,Arne Tommy SVPDrilling and Wells 880 9,418
Tønne, David Torvik Chief Financial Officer 5,122 13,900
Østhus, Jon Håkon VPFinancial Reporting & Tax 1,389 2,326

Contacts:

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

About Aker BP:

Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, 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 'AKERBP'. 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.

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