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Energy SpA

Capital/Financing Update Nov 4, 2024

4100_rns_2024-11-04_57ab2565-1750-4960-8fc7-7a8cc52cb5c4.html

Capital/Financing Update

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BW Energy Limited: First day of trading of bonds

BW Energy Limited: First day of trading of bonds

BW Energy Limited - First day of trading of bonds

Reference is made to the stock exchange announcement by BW Energy Limited (the

"Company") on 31 October 2024 regarding the approval and publication of the

Company's prospectus in connection with the listing of a new senior unsecured

bond issue with an initial issue amount of USD 100 million with ISIN

NO0013259663 on the Oslo Stock Exchange.

As of today, the bonds start trading on Euronext Oslo Børs under the ticker code

"BWE01".

For further information, please contact:

Brice Morlot, CFO BW Energy, +33.7.81.11.41.16

[email protected] (mailto:[email protected])

About BW Energy:

BW Energy is a growth E&P company with a differentiated strategy targeting

proven offshore oil and gas reservoirs through low risk phased developments. The

Company has access to existing production facilities to reduce time to first oil

and cashflow with lower investments than traditional offshore developments. The

Company's assets are 73.5% of the producing Dussafu Marine licence offshore

Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in

the BM-ES-23 block in, a 95% interest in the Maromba field in Brazil and a 95%

interest in the Kudu field in Namibia, all operated by BW Energy. Total net

2P+2C reserves and resources were 580 million barrels of oil equivalents at the

start of 2024.

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