OKEA ASA

AGM Information • May 23, 2022

Reminder: Conference call at 08:00 regarding acquisition of Wintershall Dea assets

Trondheim, 23 May 2022 - OKEA ASA ("OKEA") invites investors and analysts to a presentation of the acquisition of assets from Wintershall Dea at 08:00 CET today, 23 May 2022.

Event: OKEA conference call and presentation

Time: 08:00 CET 23 May 2022

Presenters: Svein J. Liknes, CEO, Birte Norheim, CFO, and Espen Myhra, SVP business development.

The presentation material is enclosed, and a replay of the conference call will be made available on okea.no.

Please dial-in 5 to 10 minutes in advance for registration. PIN code for all countries: 959655

Dial-in numbers:

• DK: +45 7876 8490
• SE: +46-8-1241-0952
• NO: +47-21-956342
• UK: +44 203 769 6819
• US: +1 646-787-0157

For further information, please contact:

Investors/general:

CEO Svein J. Liknes, +47 917 67 704 CFO Birte Norheim, +47 952 93 321

Media:

Geir Bjørlo (Corporate Communications), +47 915 40 000

About OKEA

OKEA ASA is a leading mid- to late-life operator on the Norwegian continental shelf (NCS) with an updated target production of 18,500 – 20,000 boe per day in 2022 (pre-transaction). OKEA finds value where others divest and has an ambitious strategy built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE:OKEA).

More information is available at www.okea.no