PetroNor E&P ASA

Board/Management Information • May 28, 2021

PetroNor E&P Limited ("PetroNor" or the "Company")

Results of Annual General Meeting – Held on Friday 28 May 2021

In accordance with section 251AA of the Corporations Act, PetroNor E&P Limited (OSE ticker: PNOR), the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, advisesthat all the resolutions asset out in the Notice of Meeting were duly passed by the Shareholders.

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For further information, please contact: Knut Søvold, Chief Executive Officer Chris Butler, Group Financial Controller info@petronorep.com

Angeline Hicks, Company Secretary Tel: +61 401 489 883

Media Contacts:

Buchanan Ben Romney Tel: +44 207 466 5000

About PetroNor E&P

PetroNor E&P Limited is a sub-Saharan focused independent oil and gas exploration and production company listed on Oslo Euronext Expand with the ticker PNOR. PetroNor 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).

PETRONOR E&P LIMITED PROXY RESULT ANNUAL GENERAL MEETING 28 MAY 2021

RESOLUTION 1 – RE-ELECTION OF DIRECTOR – MR EYAS ALHOMOUZ

The following ordinary resolution was carried on a poll.

The Company's Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 1 at the Annual General Meeting.

The poll results in respect of the resolution were as follows:

Instructions given on validly appointed proxies			Number of votes cast on the poll
For	Against	Abstain*	Proxy's Discretion	For	Against	Abstain*
373,460,981	334	1,389	79	373,461,060	334	1,389

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

As set out on the notice of meeting, the Chair has voted in favour of all the resolutions where there were undirected proxies (proxy's discretion).

RESOLUTION 2 – RE-ELECTION OF DIRECTOR – MR ROGER STEINEPREIS

The following ordinary resolution was carried on a poll.

The Company's Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 2 at the Annual General Meeting.

The poll results in respect of the resolution were as follows;

Instructions given on validly appointed proxies				Number of votes cast on the poll
For	Against	Abstain*	Proxy's	For	Against	Abstain*
			Discretion
373,460,981	334	1,389	79	373,461,060	334	1,389

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

As set out on the notice of meeting, the Chair has voted in favour of all the resolutions where there were undirected proxies (proxy's discretion).

RESOLUTION 3 – RE-ELECTION OF DIRECTOR – MR ALEX NEULING

The following ordinary resolution was carried on a poll.

The Company's Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 3 at the Annual General Meeting.

The poll results in respect of the resolution were as follows:

Instructions given on validly appointed proxies				Number of votes cast on the poll
For	Against	Abstain*	Proxy's Discretion	For	Against	Abstain*
373,460,981	334	1,389	79	373,461,060	334	1,389

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

As set out on the notice of meeting, the Chair has voted in favour of all the resolutions where there were undirected proxies (proxy's discretion).