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PetroNor E&P ASA: Key information relating to the board of directors' proposal for a distribution

Oslo, 5 May 2026: Reference is made to the stock exchange announcement by
PetroNor E&P ASA ("PetroNor" or the "Company") on 5 May 2026 regarding the board
of directors' proposal for a distribution.

Distribution amount: NOK 3.25 per share

Announced currency: NOK

Last day including right: 28 May 2026

Ex-date: 29 May 2026

Record date: 1 June 2026

Payment date: On or about 24 June 2026

Date of approval: 28 May 2026

Other information: The distribution is contingent upon the approval of the
ordinary general meeting of the Company expected to be held on 28 May 2026. The
meeting must approve the board of directors' proposal for (i) a distribution
amount of NOK 3.25 per share, and (ii) annual financial statements of the
Company for 2025. Additionally, the annual financial statements of the Company
for 2025 must be registered in the Norwegian Register of Company Accounts.

This information is published in accordance with the requirements of the
Continuing Obligations.

For further information, please contact:
Investor Relations
Email: ir@petronorep.com
www.petronorep.com

About PetroNor E&P ASA
PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and
production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA
holds assets offshore West Africa, specifically the PNGF Sud licenses in Congo
Brazzaville and OML-113 in Nigeria.