Key information relating to cash dividend to be paid by Vår Energi ASA

Sandnes, Norway, 21 October 2025: Reference is made to the announcement by Vår
Energi ASA (OSE: VAR) on 21 October 2025 regarding the notice of an
extraordinary general meeting ("EGM"), to be held on 11 November 2025 to approve
a dividend of NOK 1.211 per share, NOK 3 023 147 964 in total, equivalent to USD
300 million, relating to Q3 2025.

Dividend amount: 1.211

Announced currency: NOK

Last day including right:  14 November 2025

Ex-date:   17 November 2025

Record date: 18 November 2025

Payment date: 25 November 2025

Date of approval: 11 November 2025

The dividend will, subject to approval by the EGM, be paid in NOK, and the NOK
dividend amount is based on the daily exchange rate published by Norges Bank 20
October 2025 approximately at 1600 CEST.

Contact

Investor relations

Ida Marie Fjellheim, VP Investor Relations

+47 90509291

ida.fjellheim@varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the
Norwegian Continental Shelf (NCS). To learn more, please visit varenergi.no.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
release was published by Ida Fjellheim, Head of Investor Relations at Vår Energi
ASA, on 21 October 2025 at 07:00 CEST.