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Regulatory press release

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

PetroNor E&P
Oslo, 28 April 2025: Reference is made to the stock exchange announcement by
PetroNor E&P ASA ("PetroNor" or the "Company") on 28 April 2025 regarding the
board of directors' proposal for a distribution.

Distribution amount: NOK 2.2 per share

Announced currency: NOK

Last day including right: 22 May 2025

Ex-date: 23 May 2025

Record date: 26 May 2025

Payment date: On or about 30 May 2025

Date of approval: 21 May 2025

Other information: The distribution is contingent upon the approval of the
ordinary general meeting of the Company expected to be held on 21 May 2025. The
meeting must approve the board of directors' proposal for (i) a distribution
amount of NOK 2.2 per share, and (ii) annual financial statements of the Company
for 2024. Additionally, the annual financial statements of the Company for 2024
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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