Vår Energi ASA: Notification of trade by primary insider

Sandnes, Norway, 1 August 2025: Deputy employee representative to the Board,
Finn Volrat Pettersen in Vår Energi has today bought 2820 shares in the company
at a price of NOK 35.85 per share. Following the purchase, Finn Volrat
Pettersen holds a total of 24 356 shares in Vår Energi ASA.

Details of the trade is included in the attached notification of trading. This
information is subject to the disclosure requirements pursuant to MAR article 19
and Section 5-12 the Norwegian Securities Trading Act.

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.

Safe and responsible operations are at the core of our strategy. Our ambition is
to be the safest operator on the NCS, and to become carbon neutral in our net
equity operational emissions by 2030.

Vår Energi has around 1400 employees and equity stakes in 42 producing fields.
We have our headquarters outside Stavanger, Norway, with offices in Oslo,
Hammerfest and Florø. To learn more, please visit varenergi.no.

Contact

Investor relations

Ida Marie Fjellheim, VP Investor Relations

+47 90509291

ida.fjellheim@varenergi.no