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22 October 2024

Correction: Key information relating to cash dividend to be paid by Vår Energi ASA

Sandnes, Norway, 22 October 2024: The Board of Vår Energi ASA (OSE: VAR) has resolved to pay a dividend payment of NOK 1.180 per share, NOK 2 945 759 370 in total, equal to USD 270 million relating to Q3 2024. The last day including right is 25.10.2024, corrected from 26.10.2024.

Dividend amount: 1.180

Announced currency: NOK

Last day including right: 25.10.2024

Ex-date: 28.10.2024

Record date: 29.10.2024

Payment date: 05.11.2024

Date of approval: 21.10.2024

The dividend will be paid in NOK and the NOK dividend amount is based on the daily exchange rate published by Norges Bank 21 October 2024 approximately at 1600hrs CET.

Contact

Investor relations

Ida Marie Fjellheim, VP Investor Relations

+47 90509291

ida.fjellheim@varenergi.no

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 with a tangible plan to reduce emissions from our operations by 50% within 2030. Vår Energi has around 1400 employees and equity stakes in 43 producing fields. We have our headquarters outside Stavanger, Norway, with offices in Oslo, Hammerfest and Florø. To learn more, please visit varenergi.no.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.