Change in Granted Options
Oslo, 12 April 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 100,000 to 462,202, with 450,000 options remaining to be granted under the program, 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.