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Regulatory press release

PEN: Panoro Energy announces results of 2023 Annual General Meeting

Panoro Energy
Oslo, 24 May 2023- Panoro Energy ASA (the "Company" or "Panoro" with OSE ticker:
PEN), an independent oil and gas company, held its 2023 Annual General Meeting
of Shareholders virtually through the facilities of Euronext today, and the
nominees listed in the notice of the General Meeting were elected as directors
of the Company. Mr. Julien Balkany and Mr. Torstein Sanness were re-appointed as
Chairman and Deputy Chairman of the Board of Directors, respectively.

All resolutions presented for approval at the General Meeting were duly passed.
A copy of the minutes of the Annual General Meeting is available to download
from the meetings section on our website at www.panoroenergy.com and as an
enclosure to this press release.

Enquiries

For further information, please contact: Investors: investors@panoroenergy.com

About Panoro Energy

Panoro Energy ASA is an independent exploration and production company based in
London and listed on the main board of the Oslo Stock Exchange with the ticker
PEN. Panoro holds production, exploration and development assets in Africa,
namely interests in Block-G, Block S and Block EG-01 offshore Equatorial Guinea,
the Dussafu Marin License offshore southern Gabon, the TPS operated assets, Sfax
Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia, and
interests in offshore exploration Block 2B and onshore Technical Co-operation
Permit 218 in South Africa.

Visit us at www.panoroenergy.com

Follow us on Linkedin at www.linkedin.com/company/panoro-energy

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
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