Mandatory Notification of Trades – CEO Buys Shares in Panoro Energy ASA

Oslo, 19 June 2024 – John Hamilton, Chief Executive Officer of Panoro Energy ASA (the "Company") on 19 June 2024 has acquired 15,000 shares in the Company on open market at a price per share of NOK 33.0994.  Following this transaction, Mr. Hamilton directly and indirectly controls 778,836 shares in the Company. In addition to this, Mr. Hamilton holds 363,818 unvested Restricted Share Units in the Company.

Further detail of the transaction is set forth in the attached notification.

This information is subject to the disclosure requirements pursuant to section 5 -12 and section 4-2 of the Norwegian Securities Trading Act.

Enquiries

Qazi Qadeer, Chief Financial Officer
Tel:     +44 203 405 1060
Email: investors@panoroenergy.com

About Panoro

Panoro Energy ASA is an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely interests in Block-G, Block S and Block EG-01 offshore Equatorial Guinea, the Dussafu Marin License offshore southern Gabon, the TPS operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia, and onshore Technical Co-operation Permit 218 in South Africa.

Visit us at www.panoroenergy.com.

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