DNO ASA

Director's Dealing • Mar 11, 2025

Form of notification – Cash Settlement of Synthetic Shares Employee Synthetic Share Program

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Haakon Sandborg
2.	Reason for the notification

a)	Position / status	CFO
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, to be settled in cash. The synthetic shares have no separate identification code and track the ordinary
a)	Identification code	shares of DNO ASA, ISIN NO0003921009.
		Cash settlement of synthetic shares pursuant to Employee Synthetic Share Program in
b)	Nature of the transaction	DNO ASA.
		Price(s)	Volume(s)
c)	Price(s) and volume(s)	12.50	118,942
	Aggregated information
	— Aggregated volume	N/A transaction relates to one-time cash settlement of synthetic shares
		Price: 12.50
		Volume: 118,942
d)	— Price	Total value: NOK 1,486,775
e)	Date of the transaction	2025-03-11; 09:40 CET time.
f)	Place of the transaction	Outside a trading venue