BlueNord: Approval from RBL Banks Successfully Obtained

27 Jun 2025 18:40 CEST

Oslo, 27 June 2025: Reference is made to the stock exchange notice published by
BlueNord ASA ("BlueNord" or the "Company") on 23 June 2025 related to the buy
-back of the Company's subordinated convertible bonds with ISIN NO 0012780867
("BNOR15") and a contemplated subordinated hybrid bond. Reference is also made
to the stock exchange notice published by BlueNord on 26 June 2025 related to
the successful placement of a USD 300 million subordinated hybrid bond issue.
The Company is pleased to announce that it has obtained approval from its
lenders in the reserve based lending facility (the "RBL") in relation to both
transactions as referred to in the above mentioned stock exchange notices.

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

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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Email: cathrine.torgersen@bluenord.com
Phone: +47 915 28 501

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium (DUC) that is responsible for oil and gas
production in the Danish North Sea. BlueNord is listed on the Oslo Stock
Exchange and trades under the ticker "BNOR". For further information, please
visit: www.bluenord.com.

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