OKEA ASA — Board/Management Information 2021

Apr 12, 2021

Prisana Praharnkshasuk to resign from the Board of Directors with effect from 28 April 2021

With reference to the Company's stock exchange notices dated 7 and 9 April 2021, the election period for inter alia, Board member Prisana Praharnkhasuk, expire at the annual general meeting on 3 May 2021. The Nomination Committee has announced its proposal for reelection of Board members Rune Olav Pedersen, Nicola Gordon and Finn Haugan and proposal of Grethe Moen and Saowapap Sumeksri as new Board members.

The OKEA Board has been informed that, due to conflicting engagements, Prisana Praharnkhasuk, will retire from the Board of Directors of OKEA with effect from 28 April 2021.

Contact persons:

Marit Moen Vik-Langlie, VP Legal, +47 407 63 671

Trond Omdal, VP Investor Relations, +47 915 32 578

About OKEA ASA

OKEA ASA is an independent Exploration and Production (E&P) company and operator on the NCS with a current production of ~16,000 boepd. OKEA targets profitable production growth within the current portfolio combined with an opportunistic approach to M&A.

OKEA ASA is listed on the Oslo Stock Exchange under the ticker "OKEA". More information on www.okea.no