Notice of annual general meeting

(Trondheim, 21 April 2022) OKEA ASA (OSE: OKEA) The annual general meeting of
OKEA ASA will be held on Thursday 12 May 2022 at 09:00 (CEST).

The general meeting will be held as a digital meeting only, with no physical
attendance for shareholders. Information about log-in details for the meeting is
available in the attached notice of the general meeting. A guide for online
participation is available on https://www.okea.no/investor/general-meeting/

Please find attached the following documents:

  · OKEA - Notice of annual general meeting 2022
    OKEA - Guidelines for remuneration of leading persons 2022
    OKEA - Report on remuneration of leading persons 2021
    OKEA - Proposal from nomination committee

All documents to be processed in the meeting are available on
https://www.okea.no/investor/general-meeting

For further information, please contact:

VP Legal, Marit Moen Vik-Langlie, +47 407 63 671

CFO, Birte Norheim, + 47 952 93 321

About OKEA

OKEA ASA is a leading mid- to late-life operator on the Norwegian continental
shelf (NCS) with a current target production of 18,500 - 20,000 boe per day in
2022. OKEA finds value where others divest and has an ambitious strategy built
on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE:OKEA)

More information at www.okea.no