Sandnes, Norway, 23 June 2023: Vår Energi ASA (OSE: VAR) will host a webcast today in relation to the acquisition of Neptune Energy Norway’s oil and gas assets. The webcast and Q&A will be hosted by Vår Energi’s CEO Torger Rød and CFO Stefano Pujatti at 10:00 CEST.

The live webcast is available on https://investors.varenergi.no/ and directly at: https://events.webcast.no/vaar-energi/TxBh8HyRnRpZ8Crk7i39/RY8RFFAXiglbTnvrZDK9

The presentation material is attached.

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 more than 900 employees and equity stakes in 39 fields and the company produced net 220,000 boe per day in 2022. 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

ida.fjellheim@varenergi.no

Media relations

Andreas Wulff, Communication Manager

+47 92616759

andreas.wulff@varenergi.no