PetroNor E&P ASA: Q2 2026 production update

Oslo, 10 July 2026: PetroNor E&P ASA is providing the following update on the PNGF Sud field operations in Congo.

Second quarter average net working interest production was 5,007 bopd*, extending the improving trend compared with 4,712 bopd in the previous quarter and 4,289 bopd in the second quarter of 2025.

This outcome is supported by a combination of successful well workovers and improved infrastructure stability delivering a higher production efficiency of 93 per cent, compared with 86 per cent in the first quarter, and 90 per cent in the second quarter of 2025.

The full account of production performance (including final allocations for May and June) will be presented in the interim report for the second quarter of 2026 on 28 August.

*Effective 16.83 per cent net to PetroNor working interest production with preliminary only production allocations for May and June.

For further information, please contact: Investor Relations Email: ir@petronorep.com www.petronorep.com

About PetroNor E&P ASA PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA holds assets offshore West Africa, specifically the PNGF Sud licenses in Congo Brazzaville and OML-113 in Nigeria. Under the terms of the PNGF Sud licences, a proportion of oil produced is used to pay royalties and tax to the Government. The remaining oil produced is considered “entitlement oil” that can be lifted by the company and sold in the market.