Vår Energi ASA: Notice of extraordinary general meeting

Sandnes, Norway, 21 October 2025: The board of directors of Vår Energi (OSE: VAR, the "Company") hereby calls for an extraordinary general meeting ("EGM") to be held on 11 November 2025 at 15:00 CEST to approve a dividend for the third quarter of 2025, based on the Company's audited interim balance sheet and notes as per 30 June 2025.

Shareholders can participate in the EGM via webcast and also vote in advance or by proxy. The deadline for advance voting and proxy registration is 7 November 2025 at 15:00 CEST. Only shareholders registered in Euronext VPS as of 4 November 2025 are entitled to participate and vote.

Please see further detailed information for registration and advance voting in the attached notice.

The complete notice and attachments thereto, can be found here: https://varenergi.no/en/about-us/organisational-structure-and-governance/general -meeting/

Contact Investor relations: Ida Marie Fjellheim, VP Investor Relations +47 90509291 ida.fjellheim@­varenergi.no

Media relations: Liv Jannie Omdal, VP Communications +47 976 67 137 liv.omdal@­varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the Norwegian Continental Shelf (NCS). To learn more, please visit varenergi.no.

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