Change in Granted Options
Oslo, 15 November 2022: With reference to the option program for Norwegian Energy Company ASA ("Noreco" or the "Company"), as approved by the general meeting of the Company on 8 November 2018 and later amended, the number of granted options has, due to the exercise of options held by a former member of the executive team, been reduced by 14,333 to 391,868, each option giving the right to acquire or subscribe for one share in the Company upon exercise. Contact:Cathrine Torgersen, EVP Investor Relations & ESGEmail: ct@noreco.com ***