OKEA ASA - Completed purchases under board compensation package and mandatory notification of trade

06 Nov 2025 08:15 CET

Trondheim, 6 November 2025. OKEA ASA (the "Company", or "OKEA", ticker: "OKEA")
completed a share purchase on behalf of the members of the board of directors 5
November 2025. The share purchase was made in connection with the compensation
package for the board and in accordance with the resolution by the annual
general meeting on 13 May 2025 (item 10). The shares purchased are subject to a
12-month lock-up period.

The share purchase was executed by a broker on behalf of the board members, all
of which are primary insiders. A total of 43,024 shares were purchased at an
average price of NOK 19.984.

Copies of notification of each of the persons 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

658910_Release.pdf
658910_KRT_1500_PDMRs_5_November_2025.pdf