Mandatory Notification of Trades - Chairman Buys Shares in Panoro Energy ASA

10 Apr 2025 07:00 CEST

Oslo, 10 April 2025 - Julien Balkany, Chairman of the Board of Panoro Energy ASA
(the "Company") on 9 April 2025 acquired 50,000 shares in the Company on open
market at a price per share of NOK 21.70. Following this transaction, Mr.
Balkany directly and indirectly controls 3,812,211 shares representing 3.2599%
in the Company. In addition to this, Mr. Balkany holds 48,000 options in the
Company.

Further detail of the transaction is set forth in the attached notification.

This information is subject to the disclosure requirements pursuant to section 5
-12 and section 4-2 of the Norwegian Securities Trading Act.

Enquiries

Qazi Qadeer, Chief Financial Officer
Tel:     +44 203 405 1060
Email: investors@panoroenergy.com

About Panoro Energy

Panoro Energy ASA is an independent exploration and production company based in
London and listed on the main board of the Oslo Stock Exchange with the ticker
PEN. Panoro holds production, exploration and development assets in Africa,
namely interests in Block-G, Block S, Block EG-01 and Block EG-23 offshore
Equatorial Guinea, the Dussafu Marin, Niosi Marin and Guduma Marin Licenses
offshore southern Gabon, the TPS operated assets in Tunisia and onshore
Exploration Right 376 in South Africa.

Visit us at www.panoroenergy.com
Follow us on Linkedin (https://www.linkedin.com/company/panoro-energy)

More information:
Access the news on Oslo Bors NewsWeb site

643363_250409_Insider_trades_reporting_JB_share_purchase.pdf
643363_250409_Mandatory_Notification_of_Trades_Chairman_vF.pdf