Oslo ,22 February 2024 - The board of directors ofPanoro Energy ASA ("Panoro" or the "Company") today declares a cash distribution ofNOK 0.427 per share (representing a cash distribution to shareholders ofNOK 50 million ). Distribution amount:NOK 0.427 per share Declared currency: NOK Last day of trading including right:7 March 2024 Ex-distribution date:8 March 2024 Record date:11 March 2024 Payment date: On or about21 March 2024 Date of approval:21 February 2024 Distributions will be paid in NOK The cash distribution will be paid as a return of paid in capital EnquiriesQazi Qadeer , Chief Financial Officer Tel: +44 203 405 1060 Email: investors@panoroenergy.com AboutPanoro Energy Panoro Energy ASA is an independent exploration and production company based inLondon and listed on the main board of theOslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets inAfrica , namely interests in Block-G, Block S and Block EG-01 offshoreEquatorial Guinea , the Dussafu Marin License offshore southernGabon , the TPS operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession, offshoreTunisia , and interests in offshore exploration Block 2B and onshore Technical Co-operation Permit 218 inSouth Africa . Visit us at www.panoroenergy.com. Follow us on LinkedIn (https://www.linkedin.com/company/panoro-energy)
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