Invitation to webcast and conference call with Vår Energi

Sandnes, Norway, 23 June 2023: Vår Energi ASA (OSE: VAR) will host a webcast
today in relation to the acquisition of Neptune Energy Norway's oil and gas
assets. The webcast and Q&A will be hosted by Vår Energi's CEO Torger Rød and
CFO Stefano Pujatti at 10:00 CEST.

The live webcast is available on https://investors.varenergi.no/ and directly
at: https://events.webcast.no/vaar
-energi/TxBh8HyRnRpZ8Crk7i39/RY8RFFAXiglbTnvrZDK9

The presentation material is attached.

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the
Norwegian continental shelf (NCS). We are committed to deliver a better future
through responsible value driven growth based on over 50 years of NCS
operations, a robust and diversified asset portfolio with ongoing development
projects, and a strong exploration track record. Our ambition is to be the
safest operator on the NCS, the partner of choice, an ESG leader with a tangible
plan to reduce emissions from our operations by 50% within 2030.

Vår Energi has more than 900 employees and equity stakes in 39 fields and the
company produced net 220,000 boe per day in 2022. We have our headquarters
outside Stavanger, Norway, with offices in Oslo and Hammerfest. To learn more,
please visit varenergi.no.

Contact

Investor relations

Ida Marie Fjellheim, Head of Investor Relations

+47 90509291

ida.fjellheim@varenergi.no

Media relations

Andreas Wulff, Communication Manager

+47 92616759

andreas.wulff@varenergi.no