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PetroNor E&P ASA: Key information relating to the board of directors' proposal for a distribution

PetroNor E&P
Oslo, 23 December 2024: Reference is made to the stock exchange announcement by
PetroNor E&P ASA ("PetroNor" or the "Company") on 23 December 2024 regarding the
board of directors' proposal for a distribution in the amount of NOK 2 per share
to shareholders in the Company as of 24 January 2025 (as registered in Euronext
Securities Oslo (VPS) on 28 January 2025).

Distribution amount: NOK 2 per share

Announced currency: NOK

Last day including right: 24 January 2025

Ex-date: 27 January 2025

Record date: 28 January 2025

Payment date: On or about 31 January 2025

Date of approval: 23 January 2025

Other information: The distribution is contingent upon the approval of the
extraordinary general meeting of the Company expected to be held on 23 January
2025. The meeting must approve the board of directors' proposal for (i) a
distribution amount of NOK 2 per share, and (ii) an audited interim balance for
the Company as of 9 December 2024, along with the accompanying auditor's
statement. Additionally, the audited interim balance and the auditor's statement
must be registered in the Norwegian Register of Company Accounts.

This information is published in accordance with the requirements of the
Continuing Obligations.

For further information, please contact:
Investor Relations
Email: ir@petronorep.com
www.petronorep.com

About PetroNor E&P ASA
PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and
production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA
holds exploration and production assets offshore West Africa, specifically the
PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia and OML-113
in Nigeria.
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