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Regulatory press release

OKEA ASA - Mandatory notification of trade

OKEA
Trondheim, 18 November 2025. OKEA ASA (the "Company", or "OKEA", ticker:
"OKEA"). Notification of trade by primary insider.

Sverre Nes, member of the board and primary insider of OKEA ASA, has on 17
November 2025 purchased 18,000 shares in OKEA at a price of NOK 22.40 per share.
Following the transaction, Sverre Nes holds 51,336 shares in OKEA ASA.

See the enclosed form for further details about the transactions.

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian
Securities Trading Act.

For further information, please contact:
Stig Hognestad, VP Investor Relations
stig.hognestad@okea.no
+47 902 59 040

About OKEA

OKEA ASA is a leading mid- and late-life operator on the Norwegian continental
shelf (NCS). OKEA finds value where others divest and has an ambitious strategy
built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE:OKEA)

More information at www.okea.no
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