Vår Energi ASA: Notification of trade by primary insider

21 Feb 2023 09:41 CET

Sandnes, Norway, 21 February 2023: Executive Vice President of Project
Development, Atle Reinseth, in Vår Energi has bought 8 300 shares in the company
at a price of NOK 29.835.

This information is subject to the disclosure requirements pursuant to MAR
article 19 and Section 5-12 the Norwegian Securities Trading Act.

Contact

Investor relations

Ida Marie Fjellheim, Head of Investor Relations

+47 90509291

ida.fjellheim@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 and a net-zero
producer (Scope 1 and 2) by 2030.

Vår Energi has more than 900 employees and equity stakes in 36 fields producing
net 220,000 boe per day in 2022. We have our headquarters outside Stavanger,
Norway, with offices in Oslo and Hammerfest. To learn more, please visit
varenergi.no.

More information:
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583058_Skjema_MAR_Atle_Reinset_Feb_2022.pdf