Panoro Energy ASA

Panoro Energy - Appointment of Chief Operating Officer and President

Oslo, 9 September 2025 - Panoro Energy ASA ("Panoro" or the "Company") is

pleased to announce the appointment of Eric d'Argentré as its new Chief

Operating Officer and President.

Eric has extensive expertise in operations, drilling, field development, HSE and

project delivery having held a number of increasingly important senior

management roles with Perenco, one of the leading private oil and gas producers,

over the past three decades.

He brings considerable operational experience and first-hand know-how in all

aspects of the development, production and management of oil and gas upstream

assets in challenging jurisdictions. He has spent almost thirty years with

Perenco in senior management positions including but not limited to Group

Operation Manager, Group Director for Quality and HSE, Managing Director for

Perenco operations in Cameroon (80,000 boepd), UK (100,000 boepd), Colombia

(24,000 bopd), Ecuador (30,000 bopd) and Turkey (13,000 bopd) among others. Eric

also worked several years as Project Manager and Production Engineer offshore

and onshore Gabon.

Eric graduated with a B.Sc in Mechanical Engineering and then obtained a M.Sc in

Offshore / Petroleum Engineering from Robert Gordon University in Aberdeen. He

is a French citizen and resides in London, UK.

John Hamilton, CEO of Panoro, commented:

"We are delighted to welcome Eric to Panoro. His considerable experience in

managing operations, engineering and delivering complex projects makes him an

excellent addition to Panoro's senior management team. His appointment comes at

a time when we have established Panoro as a significant independent oil producer

in Africa with a portfolio of high-quality assets and numerous opportunities to

drive our next phase of growth and value creation for our stakeholders, which

Eric's input will be invaluable towards achieving."

Enquiries

Qazi Qadeer, Chief Financial Officer

Tel: +44 203 405 1060

About Panoro Energy

Panoro Energy ASA is an independent exploration and production company based in

London and listed on the main board of the Oslo Stock Exchange with the ticker

PEN. Panoro holds production, exploration and development assets in Africa,

namely interests in Block-G, Block S, Block EG-01 and Block EG-23 offshore

Equatorial Guinea, the Dussafu Marin, Niosi Marin and Guduma Marin Licenses

offshore southern Gabon, the TPS operated assets in Tunisia and onshore

Exploration Right 376 in South Africa.

Visit us at www.panoroenergy.com.

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