OKEA ASA

Director's Dealing • Jan 6, 2022

Mandatory notification of trade

Mandatory notification of trade

Reference is made to the stock exchange notification 5 January 20:06:49 of the

successful purchase of shares in OKEA ASA (the "Company") in connection with the

Company's incentive program. Copies of notification of each of the persons

discharging managerial responsibilities ("PDMRs") for their respective

participation in the purchase are attached hereto.

For further information, please contact:

CFO, Birte Norheim, +47 952 93 321

About OKEA

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

shelf (NCS) with a current target production of 18 000 - 19 000 boe per day in

2022. OKEA seeks value where others divest and has an ambitious growth strategy

built on accretive M&A activities, value creation and capital discipline. OKEA

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

More information is available at

www.okea.no (https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww

.okea.no%2F&data=04%7C01%7Ctrond.omdal%40okea.no%7Cab2f83be8be14f300e6b08d9d0fff6

02%7Cf4d0f33e32cb4b0caafe6e0cefbc9ea9%7C0%7C0%7C637770620040096571%7CUnknown%7CTW

FpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C30

00&sdata=MP1RbJAQO%2Fu6MP8f6b%2FdLtfhXLNONvZHaXfwyyT4RPA%3D&reserved=0)