OKEA ASA - Purchases under share-based bonus program

Trondheim, 20 February 2024

Reference is made to the stock exchange announcement made 13 February 2024 regarding share purchase by DNB on behalf of 440 employees of OKEA ASA (the "Company", or "OKEA").

Today, a total of 114,707 shares in the Company were acquired in connection with the Company's share-based bonus program. The share purchases were executed collectively at an average purchase price of NOK 23.1178 per share.

For further information, please contact:

VP IR & Communication, Anca Jalba anca.jalba@okea.no +47 41 08 79 88

About OKEA

OKEA ASA is a leading mid-to-late-life operator on the Norwegian continental shelf (NCS). OKEA finds value where others divest and has an ambitious strategy built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE: OKEA).

More information is available at ww.okea.no