DNO ASA — Director's Dealing 2023

Feb 13, 2023

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 Spencer
2.	Reason for the notification
a)	Position / status	Chief Operating Officer
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
4.	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 transactions have been conducted
	Description of the financial instrument, type of instrument	Synthetic shares pursuant to Employee Synthetic Share Program in DNO ASA. The
a)	Identification code	synthetic shares have no separate identification code and track the ordinary shares of DNO ASA, ISIN NO0003921009.
b)	Nature of the transaction	Settlement of synthetic shares pursuant to Employee Synthetic Share Program in DNO ASA.
		Price(s)	Volume(s)
c)	Price(s) and volume(s)	NOK 12.50	95075
	Aggregated information
	— Aggregated volume	N/A transaction relates to one-time settlement of synthetic shares
		Price: NOK 12.50
		Volume: 95075
d)	— Price	Total value NOK 1,188,437.50

e) Date of the transaction 2022-02-10; 16:30 CET

f) Place of the transaction XOFF - Outside a trading venue