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Regulatory press release

GNP: GNP Energy AS is placed in Penalty Bench

Oslo Børs has taken the decision to place GNP Energy AS in the Penalty Bench,
cf. section 3.8.3 (1) of the Euronext Growth Oslo Rulebook II. GNP Energy AS is
placed in Penalty Bench due to failure to comply with Euronext Growth Oslo
Rulebook II section 3.12.2 - public disclosure of the annual report with effect
from 02.06.22. Penalty Bench is a special compartment where the securities of
Issuers that does not comply with the Rules are placed. Oslo Børs will remove a
security from the Penalty Bench and allocate the security to the normal
compartment when the issuer has corrected the violation of the Rules that was
the reason for allocating the security to the Penalty Bench.
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