Resignation from the board of Vår Energi ASA

Sandnes, Norway, 30 August 2024: Ove Gusevik has informed Vår Energi ASA ("Vår Energi" or the "Company", OSE: VAR) that he has decided to resign from his position as board member in order to focus on assignments for HitecVision. The resignation is effective as of 01 September 2024.

Chair of the board, Thorhild Widvey, thanks Gusevik for his valuable contributions to the Company during his tenure. The election committee is in the process of finding a replacement for Gusevik, and an extraordinary general meeting for the purpose of supplementing the board is expected to be called shortly.

 Contact

Investor relations
Ida Marie Fjellheim, Head of Investor Relations
+47 90509291
Ida.fjellheim@varenergi.no

Stian Seipæjærvi, Sr. Investor Relations Analyst
+47 90954060
stian.salmi.seipaejaervi@varenergi.no

Media relations
Andreas Wulff, VP Communications
+47 92616759
andreas.wulff@varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS). We are committed to deliver a better future through responsible value driven growth based on over 50 years of NCS operations, a robust and diversified asset portfolio with ongoing development projects, and a strong exploration track record. Our ambition is to be the safest operator on the NCS, the partner of choice, an ESG leader with a tangible plan to reduce emissions from our operations by 50% within 2030. Vår Energi has around 1400 employees and equity stakes in 47 fields. We have our headquarters outside Stavanger, Norway, with offices in Oslo, Hammerfest and Florø. To learn more, please visit varenergi.no.

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