Energy SpA — Earnings Release 2021

May 14, 2021

BW Energy: Invitation to Q1 2021 Presentation 20 May

BW Energy: Invitation to Q1 2021 Presentation 20 May

Invitation to Q1 2021 Presentation 20 May

BW Energy will release its first quarter 2021 results on Thursday 20 May at

07:30 CET.

A conference call followed by Q&A will be hosted by CEO Carl K. Arnet, CFO Knut

R. Sæthre and COO Lin G. Espey the same day at 14:00 CET.

Conference call information:

To dial in to the conference call where the quarterly results and Q&A will be

hosted, please dial in to one of the following numbers:

Norway: +47 2350 0236

France: +33 170 750 775

Singapore: +65 6408 5768

UK: +44 3333 009 266

US: +1 833 5268 395

You can also follow the presentation via webcast with supporting slides,

available on:

https://streams.eventcdn.net/bwe/bw-energy-q1-2021-presentation/

(https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.google.co

m%2Furl%3Fq%3Dhttps%253A%252F%252Fstreams.eventcdn.net%252Fbwe%252Fbw-energy-q1-

2021-

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D%7C1000&sdata=duHJ6q1yLBh8B48Z4qfynMRW8v2ug37INHRIpxc%2BzIg%3D&reserved=0)

Please note, that if you follow the webcast via the above URL, you will

experience a 30 second delay compared to the main conference call. The web page

works best in an updated browser - Chrome is recommended.

For further information, please contact:

Knut R. Sæthre, CFO BW Energy, +47 91 11 78 76

ir@bwenergy.no

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 FPSOs to reduce time to first oil and cashflow

with lower investments than traditional offshore developments. The main assets

are 73.5% of the producing Dussafu Marine Permit offshore Gabon and a 95%

interest in the Maromba field in Brazil, both operated by the Company. Total net

2P+2C reserves were 242 million barrels at the start of 2021.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.