BlueNord ASA

BlueNord: Approval from RBL Banks Successfully Obtained

Oslo, 27 June 2025: Reference is made to the stock exchange notice published by

BlueNord ASA ("BlueNord" or the "Company") on 23 June 2025 related to the buy

-back of the Company's subordinated convertible bonds with ISIN NO 0012780867

("BNOR15") and a contemplated subordinated hybrid bond. Reference is also made

to the stock exchange notice published by BlueNord on 26 June 2025 related to

the successful placement of a USD 300 million subordinated hybrid bond issue.

The Company is pleased to announce that it has obtained approval from its

lenders in the reserve based lending facility (the "RBL") in relation to both

transactions as referred to in the above mentioned stock exchange notices.

This information is subject to disclosure requirements pursuant to section 5-12

of the Norwegian Securities Trading Act.

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Contact:

Cathrine Torgersen, Chief Corporate Affairs Officer

Phone: +47 915 28 501

About BlueNord ASA

BlueNord is a strategically important European oil and gas company that

specialises in producing and developing energy resources, and in activities

which support the energy transition. The Company has a 36.8 percent interest in

the Danish Underground Consortium (DUC) that is responsible for oil and gas

production in the Danish North Sea. BlueNord is listed on the Oslo Stock

Exchange and trades under the ticker "BNOR". For further information, please

visit: www.bluenord.com.

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