Mandatory notification of trades and disclosure of shareholdings – primary insiders

04 Apr 2025 10:15 CEST

Anders Onarheim, Chairman of the Board of Directors of North Energy ASA, has
today, 4 April 2025, purchased 8,000,000 shares at NOK 2.48 per share from his
fully owned company AB Investment AS to his private account. The total number of
shares beneficially owned by Onarheim after the transaction has not changed and
remains 25,462,996, which equals 21.39% ownership in North Energy ASA.

However, total number of shares owned by AB Investment AS has been reduced from
24,964,246 shares (20.97% ownership) to 16,964,246 shares (14.25% ownership),
while total number of shares owned by Onarheim privately is 8,000,000 which
equals 6.72% ownership in North Energy ASA.


DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act


CONTACTS
Rune Damm, CFO, (+47) 4166 6685, rune.damm@northenergy.no

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