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23 April 2024

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

Sandnes, Norway, 23 April 2024: The Board of Vår Energi ASA (OSE: VAR) has resolved to pay a dividend payment of NOK 1.192 per share, NOK 2,975,716,245 in total, equal to USD 270 million relating to Q1 2024.

Dividend amount: 1.192

Announced currency: NOK

Last day including right: 26.04.2024

Ex-date: 29.04.2024

Record date: 30.04.2024

Payment date: 08.05.2024

Date of approval: 22.04.2024

The dividend will be paid in NOK and the NOK dividend amount is based on the daily exchange rate published by Norges Bank 22 April 2024 approximately at 1600hrs CET.

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 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 1300 employees and equity stakes in 47 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. This stock exchange release was published by Ida Fjellheim, Head of Investor Relations at Vår Energi ASA, on 23 April 2024 at 07:00 CET.