OKEA ASA - Capital/Financing Update 2025

OKEA ASA - Key information relating to full redemption of bond loan

ISIN: NO0013009282 - OKEA ASA senior secured callable open bonds issue 2023/2026

OKEA ASA has today officially notified Nordic Trustee AS of its decision to

exercise the call option to redeem all outstanding bonds under its senior

secured bonds with ISIN NO0013009282, please see attached call notice.

Issuer: OKEA ASA

ISIN for bond loan: NO0013009282

Original maturity date: 14 September 2026

Record date for the call option: 1 July 2025

New maturity date: 3 July 2025

Redemption price: 104.563% (plus accrued and unpaid interest on the redeemed

amount)

This information is published in accordance with the requirements of the

Continuing Obligations.

For further information, please contact:

Stig Hognestad, VP Investor Relations

+47 902 59 040

Or:

Birte Norheim, CFO

+47 952 933 21

About OKEA

OKEA ASA is a leading mid- and late-life operator on the Norwegian continental

shelf (NCS). 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 at www.okea.no

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