Panoro Energy - Key Information on Cash Distribution

20 Nov 2025 07:00 CET

Oslo, 20 November 2025 - The board of directors of Panoro Energy ASA ("Panoro"
or the "Company")today declares a cash distribution of NOK 0.705 per
share(representing a cash distribution to shareholders of NOK80million).

Distribution amount: NOK 0.705 per share

Declared currency: NOK

Last day of trading including right: 27 November 2025

Ex-distribution date: 28 November 2025

Record date: 1 December 2025

Payment date: On or about 10 December 2025

Date of approval: 19 November 2025

Distributions will be paid in NOK

The cash distribution will be paid as a return of paid in capital

Enquiries

Qazi Qadeer, Chief Financial Officer
Tel: +44203 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

660103_Panoro_Energy_Key_Information_on_Cash_Distribution.pdf