BlueNord: Share Capital Reduction Effective

Oslo, 23 February 2026: Reference is made to the stock exchange announcement by BlueNord ASA ("BlueNord" or the "Company") on 20 November 2025, that the Company's extraordinary general meeting had, among others, resolved to reduce the share capital by deletion of the Company's own shares and by reducing the nominal value of the Company's shares.

The share capital reduction was registered as effective with the Norwegian Register of Business Enterprises today, 23 February 2026, following which the Company's share capital is NOK 12,783,601 consisting of 25,567,202 shares each with a par value of NOK 0.50.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Contact: Cathrine Torgersen, Chief Corporate Affairs Officer Phone: +47 915 28 501 Email: cathrine.torgersen@bluenord.com

About BlueNord ASA BlueNord is a strategically important European oil and gas company that specialises in producing and developing energy resources, and in activities which support the energy transition. The Company has a 36.8 percent interest in the Danish Underground Consortium (DUC) that is responsible for oil and gas production in the Danish North Sea. BlueNord is listed on the Oslo Stock Exchange and trades under the ticker "BNOR". For further information, please visit: www.bluenord.com.