DNO ASA — Director's Dealing 2022

Feb 22, 2022

Form of notification – Automatic Settlement of Synthetic Shares for Tax Purposes Employee Synthetic Share Program

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Christopher T.H. Spencer
2.	Reason for the notification
a)	Position / status	COO
b)	Initial notification / amendment	Initial notification

3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DNO ASA
b)	LEI	5967007LIEEXZXH3K072

	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where
4.	transactions have been conducted
	Description of the financial instrument,
	type of instrument
		Synthetic shares pursuant to Employee Synthetic Share Program in DNO ASA. The
		synthetic shares have no separate identification code and track the ordinary shares of
a)	Identification code	DNO ASA, ISIN NO0003921009.
		Automatic settlement of synthetic sharesfor tax purposes pursuant to Employee Synthetic
b)	Nature of the transaction	Share Program in DNO ASA.
		Price(s)	Volume(s)
c)	Price(s) and volume(s)	10.92	63024
	Aggregated information
	— Aggregated volume	N/A transaction relates to one-time settlement of synthetic shares
		Price: 10.92
		Volume: 63024
d)	— Price	Total value 688,222
e)	Date of the transaction	2022-02-20; 16:30 CET
f)	Place of the transaction	Outside a trading venue