Completed purchases under long-term retention plan

04 Aug 2025 21:47 CEST

(Trondheim, 4 August 2025) OKEA ASA (OSE: OKEA) has today completed share
purchases in connection with the long-term retention plan (LTRP).

The share purchases on behalf of leading employees were made in accordance with
the company's LTRP. The shares are subject to a 24-month lock-up period.

The purchases were executed by Pareto Securities AS on behalf of leading
employees at OKEA, all primary insiders. A total of 35,373 shares were purchased
at an average price of NOK 17.6687 per share.

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

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.

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

More information:
Access the news on Oslo Bors NewsWeb site

652103_SKJEMA_1.PDF
652103_SKJEMA_2.PDF
652103_Release.pdf
652103_SKJEMA_3.PDF