Key Information Relating to Cash Distribution

Limassol, 28 May 2026: Reference is made to the stock exchange notice 6 May 2026 regarding proposal for cash distribution. Today the annual general meeting approved the proposal.

The following sets out the approved cash distribution to be paid by Petrolia SE ("PSE" or the "Company"). The distribution is treated by the Company as repayment of paid in capital for Norwegian tax purposes.

Distributed amount: USD 0.02 (=NOK 0.185) per share Announced currency: USD Payment currency: NOK Last day including right: 28 May 2026 Ex-date: 29 May 2026 Record date: 1 June 2026 Payment date: On or about 12 June 2026 Date of approval: 28 May 2026

This information is published in accordance with the requirements of the Continuing Obligations.