Mandatory Notification of Trades - COO and President Buys Shares in Panoro Energy ASA

01 Dec 2025 07:30 CET

Oslo, 1 December 2025 - Eric d'Argentré, Chief Operating Officer and President
of Panoro Energy ASA (the "Company") on 28 November 2025 has acquired 70,000
shares in the Company on open market at a price per share of NOK 19.0141.
Following this transaction, Mr. d'Argentré directly and indirectly controls
70,000 shares in the Company. In addition to this, Mr. d'Argentré holds 153,093
unvested Restricted Share Units 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

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

660922_01122025_Insider_trades_reporting_EDA_share_purchase.pdf
660922_Mandatory_Notification_of_Trades_COO_and_President_Buys_Shares_in_Panoro_Energy_ASA.pdf