PetroNor E&P ASA

AGM Information • May 20, 2022

PetroNor E&P ASA: Nomination committee recommendation to the annual general meeting

Oslo, 20 May 2022: Reference is made to the stock exchange announcement of 6 May 2022 regarding the notice to the annual general meeting of PetroNor E&P ASA (OSE ticker: PNOR, "PetroNor"). The annual general meeting of PetroNor will take place on 27 May 2022.

It follows from the notice that the nomination committee shall submit its proposal for new members to the board of directors no later than one week ahead of the general meeting.

The nomination committee is still working on the list of candidates for new directors and will not be in a position to put forward its proposal for new candidates for the upcoming general meeting. As a consequence, item 10 on the agenda ("Board Election") will be dealt with in a future meeting.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Investor Relations Email: ir@petronorep.com www.petronorep.com

About PetroNor E&P ASA

PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA holds exploration and production assets offshore West Africa, specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal (in arbitration) and OML-113 in Nigeria (subject to completion).