Vår Energi publishes Annual Report and Sustainability Report for 2022

30 Mar 2023 15:03 CEST

Sandnes, Norway, 30 March 2023: The Board of Directors of Vår Energi ASA (OSE:
VAR) has approved the financial statements for 2022 and the Company has today
published the Annual Report and Sustainability Report for 2022. The reports
attached have also been made available on the Company's website
www.varenergi.no:

· Annual Report (in PDF and ESEF-format)
· Sustainability report

The report on Payments to governments is included in the 2022 Annual Report.

There are no material changes to the financial statements compared with the
preliminary and unaudited results for 2022 as reported by Vår Energi on 16
February 2022.

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

Media relations:
Andreas Wulff
Communication Manager
+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 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.

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

This announcement may include projections and other "forward-looking" statements
within the meaning of applicable securities laws. Any such projections or
statements reflect the current views of Vår Energi AS ("Var Energi") about
further events and financial performance. No assurances can be given that such
events or performance will occur as projected and actual results may differ
materially from these projections. Var Energi undertakes no obligation to
publicly release any revisions to these forward-looking statements to reflect
events or circumstances after the date of this announcement.

More information:
Access the news on Oslo Bors NewsWeb site

586707_VarEnergiASA_2022_12_31_en.zip
586707_Va_r_Energi_Annual_report_2022.pdf
586707_Var_Energi_Sustainability_report_2022.pdf