Norwegian Energy Company ASA - Mandatory notification of trade

Oslo, 21 September 2022: Taconic Capital Advisors UK LLP, close associate of Peter Coleman, board member in Norwegian Energy Company ASA ("Noreco" or the "Company"), has today sold USD 6,500,000 NOR14 bonds, ISIN NO0010870900, at a price of 99.875%.

Please see attached notification form in accordance with the Market Abuse Regulation article 19.

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

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