Minutes from annual general meeting

Oslo, 26 May 2020: Norwegian Energy Company ASA has today held its annual general meeting at Advokatfirmaet BAHR AS, Tjuvholmen Allé 16, 0252 Oslo. Minutes from the general meeting are attached, and are also available on www.noreco.com.

Contact:

Tel.: +47 22 33 60 00  or email: ir@noreco.com

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About Norwegian Energy Company ASA

Noreco is a publicly owned company with focus on the oil, gas and offshore industry. The company's shares are listed on the Oslo Stock Exchange (ticker NOR). For further information, please visit: www.noreco.com.