Lime Petroleum Holding AS – Bondholder Consents Obtained for Written Resolutions

23 Jan 2026 14:32 CET

Oslo, 23 January 2026

Lime Petroleum Holding AS (the “Company”) is pleased to announce that
bondholders in the Company’s senior secured bond issues:

• ISIN NO0013276410 (FRN senior secured NOK 1,750,000,000 bonds 2024/2027), and
• ISIN NO0013664508 (FRN senior secured NOK 1,500,000,000 bonds 2025/2028)

have approved the proposals set out in the summons for written resolutions dated
9 January 2026.

The required majority was achieved in both bond issues, and the written
resolutions have therefore been duly passed and are effective immediately.

The approved resolutions provide the Company with enhanced near-term financial
flexibility and include:
• Deferral of the interest payments falling due in January 2026, with settlement
of the deferred interest amounts (including late payment interest) no later than
31 March 2026; and
• A temporary waiver and suspension of the minimum liquidity covenants until 31
March 2026.

All other terms and conditions of the bond agreements remain unchanged and in
full force and effect.

The Company welcomes the support and constructive engagement demonstrated by its
bondholders.

Nordic Trustee AS has been authorized to implement the resolutions and complete
the related documentation.

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