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4 June 2025

Vår Energi ASA’s share saving plan allocates shares

Sandnes, Norway, 4 June 2025: A total of 608 115 shares were purchased on behalf of employees in Vår Energi ASA (OSE: VAR) participating in the company’s employee share saving programme. The average purchase price was NOK 30.8024 per share. The transactions are based on savings made in April, May, and June 2025. 86% of Vår Energi employees took part in the share saving for these months.

As part of the programme, primary insiders in Vår Energi ASA (OSE: VAR) purchased 18 985 shares at an average price of NOK 30.8024 per share.

Details on individual allocation of shares to primary insiders is included in the attached notification of trading.

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.

This information is subject to the disclosure requirements pursuant to regulation EU 596/2014 Article 19 and Section 5-12 the Norwegian Securities Trading Act.