OKEA ASA - Purchases under the share-based bonus program completed and mandatory notification of trade

03 Apr 2025 19:30 CEST

(Trondheim, 3 April 2025) OKEA ASA (OSE: OKEA) ("OKEA" or the "Company").
Reference is made to the stock exchange announcement dated 11 March 2025
regarding share purchase by Pareto on behalf of 492 employees in the Company.
With today's purchase, the collective share purchase for an aggregate amount of
up to NOK 27.8 million has been completed.

In total, 1,488,205 shares have been purchased on behalf of employees in OKEA,
including primary insiders, at an average purchase price of NOK 18.6688 per
share.

Copies of notification of each of the persons discharging managerial
responsibilities ("PDMRs") for their respective participation in the purchase
are attached hereto.

For further information, please contact:
Stig Hognestad, VP Investor Relations
stig.hognestad@okea.no
+47 902 59 040

About OKEA
OKEA ASA is a leading mid- and late-life operator on the Norwegian continental
shelf (NCS). OKEA finds value where others divest and has an ambitious strategy
built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE:OKEA)

More information at www.okea.no

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian
Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

643004_Release.pdf
643004_PDMR_forms_combined.pdf