Polar Resources - Mandatory Notification of Trade

Oslo, 9 July 2026

PRIMARY INSIDER, Julien Balkany, Chairman of Polar Resources (the "Company") has on 9 July 2026 purchased 75,000 shares in the Company at a price of NOK 6.4957 per share. Please see attached notification form.

This information is subject to the disclosure requirements in the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act.

Enquiries

Henno Grenness, Chief Executive Officer Tel: +47 911 44 658 Email: investors@polarresources.no

About Polar Resources

Polar Resources AS is a Norwegian natural resources company focused on mineral exploration in Norway and also selectively pursuing oil and gas acquisitions with an initial geographical focus on Europe, Latin America and South-East Asia. Polar Resources AS currently holds exploration licences covering four areas in Central Norway with reported occurrences of copper and zinc mineralisation. Visit us at: www.polarresources.no Follow us on LinkedIn