Panoro Energy ASA - Result of Bondholders Written Resolution

25 Feb 2026 12:55 CET

Oslo, 25 February 2026 - Reference is made to the summons to a written
resolution dated 24 February 2026, regarding the proposal to amend the bond
terms in connection with the acquisition of a 40.375% increased interest in
Block G, Equatorial Guinea from Kosmos Energy. The proposal has been resolved
and adopted on the basis of the written resolution.

Reference is made to the attached message from Nordic Trustee.

Arctic Securities AS is acting as financial advisor to the company in connection
with the proposal.

Contact information:

For further information, please contact: 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 EG-01 and Block EG-23 offshore Equatorial
Guinea, the Dussafu Marin, Niosi Marin and Guduma Marin blocks 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

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666699_260225_Result_of_Bondholders_written_resolution.pdf