Aker BP sells shares to employees

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As part of its annual share saving plan, Aker BP has received subscriptions from employees for a total of 669,447 shares. The employees will pay an average price of NOK 170.25 per share, representing a 25 percent discount to the reference market price, and the shares are subject to a three-year lockup. A total of 1,062 employees participated in the program. When the shares have been transferred, the company will hold 333,847 own shares.

The following primary insiders participated in the share saving plan:

Name Shares purchased New holding
Sarah Alexandra Berg 408 1,949
Marit Blaasmo 2,535 4,688
Ørjan Kristensen Brakstad 209 423
Hilde Kristin Brevik 620 1,341
Ine Dolve 1,501 5,534
Rune Karstein Fauskanger 1,501 6,649
Evy Glørstad 3,557 9,423
Ingard Haugeberg 408 1,918
Lars Høier 996 6,671
Thomas Husvæg 132 1,064
Jan Rosnes 408 408
Knut Arne Kristian Sandvik 1,501 4,078
Arne Tommy Sigmundstad 620 3,038
David Torvik Tønne 2,969 16,869
Tore Vik 1,049 4,139

Individual notifications for each of the persons above are included in the attachment PDMR_notifications.pdf.

This information is subject to the disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act and requirements under the EU Market Abuse Regulation.

Kjetil Bakken, VP Corporate Finance and Investor Relations, tel.: +47 918 89 889

About Aker BP:
Aker BP is an independent E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker ‘AKRBP’. More about Aker BP at www.akerbp.com.

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