Trondheim, 21 February 2024

Reference is made to the stock exchange announcement made 13 February 2024
regarding share purchase by DNB on behalf of 440 employees of OKEA ASA (the
"Company", or "OKEA").

Today, a total of 147,109 shares in the Company were acquired in connection with
the Company's share-based bonus program. The share purchases were executed
collectively at an average purchase price of NOK 22.9956 per share.

For further information, please contact:

VP IR & Communication, Anca Jalba anca.jalba@okea.no +47 41 08 79 88

About OKEA

OKEA ASA is a leading mid-to-late-life operator on the Norwegian continental
shelf (NCS). OKEA finds value where others divest and has an ambitious strategy
built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE: OKEA).

More information is available at ww.okea.no

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange