Merger with wholly owned subsidiary completed

31 Dec 2022 15:38 CET

Reference is made to previous announcements regarding the merger between Aker BP
ASA ("Aker BP") and its wholly owned subsidiary ABP Norway AS ("ABPN").

The merger has now been completed. Consequently, Aker BP has assumed all assets,
rights and obligations of ABPN, and ABPN has simultaneously been dissolved.

The merger has been executed without merger consideration and Aker BP's share
capital remains the same.

Contact:
Kjetil Bakken, Head of Investor Relations, tel.: +47 918 89 889

About Aker BP:
Aker BP is an independent E&P company with exploration, development and
production activities on the Norwegian Continental Shelf. Aker BP is the
operator of Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Valhall, Hod, Ula and
Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is
headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under
the ticker 'AKRBP'. More about Aker BP at www.akerbp.com.

This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act and requirements under the EU Market
Abuse Regulation.

More information:
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