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12 August 2025

Vår Energi ASA: Extraordinary general meeting held

Sandnes, Norway, 12 August 2025: The extraordinary general meeting of Vår Energi ASA (the "Company") (OSE: VAR) was held today, 12 August 2025, at 15:00 (CEST). The meeting was held as a digital event.

In accordance with the proposals made by the Board of directors, the general meeting approved a dividend of NOK 1.222 per share, NOK 3,050,608,433 in total, equivalent to USD 300 million, relating to Q2 2025.

Dividend amount: 1.222
Announced currency: NOK
Last day including right: 15 August 2025
Ex-date: 18 August 2025
Record date: 19 August 2025
Payment date: 26 August 2025
Date of approval: 12 August 2025

The dividend will be paid in NOK, and the NOK dividend amount is based on the daily exchange rate published by Norges Bank 21 July 2025 approximately at 1600 CEST

All resolutions were approved in accordance with the proposals set out in the notice for the general meeting dated 22 July 2025. The complete minutes from the meeting will be made accessible on https://varenergi.no/en/about-us/organisational-structure-and-governance/general-meeting/

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.

Safe and responsible operations are at the core of our strategy. Our ambition is to be the safest operator on the NCS, and to become carbon neutral in our net equity operational emissions by 2030.

Vår Energi has around 1400 employees and equity stakes in 42 producing fields. We have our headquarters outside Stavanger, Norway, with offices in Oslo, Hammerfest and Florø. To learn more, please visit varenergi.no.