BlueNord: Share Capital Reduction Effective

23 Feb 2026 21:29 CET

Oslo, 23 February 2026: Reference is made to the stock exchange announcement by
BlueNord ASA ("BlueNord" or the "Company") on 20 November 2025, that the
Company's extraordinary general meeting had, among others, resolved to reduce
the share capital by deletion of the Company's own shares and by reducing the
nominal value of the Company's shares.

The share capital reduction was registered as effective with the Norwegian
Register of Business Enterprises today, 23 February 2026, following which the
Company's share capital is NOK 12,783,601 consisting of 25,567,202 shares each
with a par value of NOK 0.50.

This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.


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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium (DUC) that is responsible for oil and gas
production in the Danish North Sea. BlueNord is listed on the Oslo Stock
Exchange and trades under the ticker "BNOR". For further information, please
visit: www.bluenord.com.

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