Reference is made to the extraordinary general meeting of Panoro Energy ASA
called to be held on 3 March 2021 (the "EGM"). In connection with the EGM,
chairman of the board Mr. Julien Balkany has received voting proxies without any
voting instructions for 3,857,071 shares which represents 5.08% of the total
votes and share capital. Mr. Balkany thus controls, either through such voting
proxies or through shares held by him or entities controlled by him a total of
7,345,895 shares, which represents 9.68% of the total votes and share capital in
connection with the EGM.
Panoro Energy ASA
Oslo, 17 February 2021
About Panoro Energy
Panoro Energy ASA is an independent exploration and production company based in
London and listed on the main board of the Oslo Stock Exchange with the ticker
PEN. Panoro holds production, exploration and development assets in Africa,
namely the Dussafu License offshore southern Gabon, OML 113 offshore western
Nigeria (held-for-sale, subject to completion), and the TPS operated assets,
Sfax Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia.
Subject to completion of certain conditions, Panoro has also farmed-into an
exploration Block 2B, offshore South Africa.