Publication of annual reports for 2022

Trondheim, 3 April 2023

OKEA ASA hereby publishes the following reports for 2022: Annual report, Annual
statement of reserves and resources and Report on remuneration of leading
persons. The reports can also be found on the company's website at the following
address https://www.okea.no/investor/reports/.

The Annual report for 2022 is also published in XHTML format.

For further information, please contact:

VP IR & Communication, Anca Jalba

anca.jalba@okea.no

+47 41 08 79 88

About OKEA

OKEA ASA is a leading mid-to-late-life operator on the Norwegian continental
shelf (NCS). 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 is available at ww.okea.no