Randi Navdal Bekkelund, CFO of Avance Gas Holding Ltd, has exercised 78,250
share options vested in the period between September 10, 2019 to September 10,
2022. The stock options have been cash settled. Following the exercise, Ms.
Navdal Bekkelund holds 159,750 share options in the Company. Please see the
attached forms for notification and public disclosure of transaction attached
for details.

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

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