Vår Energi ASA - Director's Dealing 2022

Correction: Vår Energi ASA's share saving plan allocates shares

Sandnes, Norway, 14 December 2022: In reference to the stock market announcement

on 8 December related to the Vår Energi's share saving plan, please see the

attachment for allocation of shares to primary insiders, Ellen Waldeland Hoddell

and Tor Tangvald, which was missing in the original announcement.

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the

Norwegian continental shelf (NCS). We are committed to deliver a better future

through responsible value driven growth based on over 50 years of NCS

operations, a robust and diversified asset portfolio with ongoing development

projects, and a strong exploration track record. Our ambition is to be the

safest operator on the NCS, the partner of choice, an ESG leader and a net-zero

producer (Scope 1 and 2) by 2030.

Vår Energi has more than 900 employees and equity stakes in 36 fields producing

net 246,000 boe per day in 2021. We have our headquarters outside Stavanger,

Norway, with offices in Oslo and Hammerfest. To learn more, please visit

varenergi.no.

Contact

Investor relations

Ida Marie Fjellheim, Head of Investor Relations

+47 90509291

This information is subject to the disclosure requirements pursuant to

regulation EU 596/2014 Article 19 and Section 5-12 the Norwegian Securities

Trading Act.

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