Vår Energi ASA: Notification of trade by close associate of primary insider

Sandnes, Norway, 3 November 2023: A company closely associated to primary insider Ingrid Sølvberg (EVP Technology, Subsurface and Drilling), Taishan AS, has received 1 168 284 shares in Vår Energi following the restructuring of funds in Point Resources Holding. Reference is made to the stock market announcement on 31 October 2023. This information is subject to the disclosure requirements pursuant to MAR article 19 and Section 5-12 the Norwegian Securities Trading Act. 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 1000 employees and equity stakes in 40 fields and the company produced net 209,000 boe per day in the first nine months of 2023. We have our headquarters outside Stavanger, Norway, with offices in Oslo and Hammerfest. To learn more, please visit varenergi.no.