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NO

5 July 2022

Vår Energi to provide quarterly production updates starting with Q2 2022

Sandnes, Norway, 5 July 2022: Vår Energi ASA (OSE: VAR) will following the end of the second quarter of 2022 start providing an update on quarterly production figures and realised oil and gas prices prior to the planned quarterly financial reporting.

The first production update is scheduled to be published on 11 July before the market opens. Going forward, Vår Energi expects to issue the production update between 10 to 15 working days after the end of the quarter and will provide the specific publication date approximately one week before on its investor relations web page.

Contact:

Investor relations

Ida Marie Fjellheim, Head of 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 delivering 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 950 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.