Resignation of board member

(Trondheim, 26 February 2025) OKEA ASA (OSE: OKEA) announces that Finn Haugan
has informed the company that he resigns from his position as a member of the
board of directors, effective 1 March 2025. OKEA appreciates his considerable
contribution to the company and wishes him well in the future.

For further information, please contact:
Birte Norheim, CFO

birte.norheim@okea.no

+47 952 933 21

About OKEA
OKEA ASA is a leading mid- and 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 at www.okea.no