Panoro Energy - Key Information on Cash Distribution

Oslo, 20 November 2025 - The board of directors of Panoro Energy ASA ("Panoro" or the "Company")today declares a cash distribution of NOK 0.705 per share(representing a cash distribution to shareholders of NOK80million).

Distribution amount: NOK 0.705 per share

Declared currency: NOK

Last day of trading including right: 27 November 2025

Ex-distribution date: 28 November 2025

Record date: 1 December 2025

Payment date: On or about 10 December 2025

Date of approval: 19 November 2025

Distributions will be paid in NOK

The cash distribution will be paid as a return of paid in capital

Enquiries

Qazi Qadeer, Chief Financial Officer Tel: +44203 405 1060 Email:investors@panoroenergy.com

About Panoro Energy

Panoro Energy ASA is an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely interests in Block-G, Block S, Block EG-01 and Block EG-23 offshore Equatorial Guinea, the Dussafu Marin, Niosi Marin and Guduma Marin Licenses offshore southern Gabon, the TPS operated assets in Tunisia and onshore Exploration Right 376 in South Africa.

Visit us at www.panoroenergy.com.

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