Pörssitiedote

PSE: Key Information Relating to Cash Distribution

Limassol, 6 May 2026: The following sets out the proposed cash distribution to
be paid by Petrolia SE ("PSE" or the "Company"). The distribution is treated by
the Company as repayment of paid in capital for Norwegian tax purposes.

Distributed amount: USD 0.02 (=NOK 0.185) per share
Announced currency: USD
Payment currency: NOK
Last day including right: 28 May 2026
Ex-date: 29 May 2026
Record date: 1 June 2026
Payment date: On or about 12 June 2026
Date of approval: 28 May 2026

Other information: Payment of the distribution is subject to approval by the
annual general meeting of the Company, to be held on 28 May 2026.

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