DNO ASA

Director's Dealing • May 27, 2025

Form of Notification – Automatic 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

4.	Details of the transaction(s)
a)	Description of the financial instrument, type of instrument Identification code	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 shares of DNO ASA, ISIN NO0003921009.
b)	Nature of the transaction	Automatic cash settlement of synthetic shares pursuant to Employee Synthetic Share Program in DNO ASA.
		Price(s)	Volume(s)
c)	Price(s) and volume(s)	NOK 12.18	303,380
	Aggregated information
	— Aggregated volume	N/A transaction relates to one-time cash settlement of synthetic shares
		Price: NOK 12.18
		Volume: 303,380
d)	— Price	Total value: NOK 3,695,168
		Date of the particular day of execution of the notified transaction.
e)	Date of the transaction	Using the ISO 8601 date format: 2025-05-27
f)	Place of the transaction	Outside a trading venue