Panoro Energy - Key Information on Cash Distribution **Correction**

25 Feb 2026 10:08 CET

Reference is made to the stock exchange release of 24 February 2026 concerning
key information for the announced cash distribution. The release contained a
typo with respect to the date of approval of such cash distribution. The correct
date of approval is 24 February 2026 (not 24 March 2026).

The corrected key information is as follows:


Distribution amount: NOK 0.440 per share
Declared currency: NOK
Last day of trading including right: 26 February 2026
Ex-distribution date: 27 February 2026
Record date: 2 March 2026
Payment date: On or about 10 March 2026
Date of approval: 24 February 2026
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: +44 203 405 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 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:
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666689_Panoro_Energy_Key_Information_on_Cash_Distribution_Correction_.pdf