Mandatory notification of trades and disclosure of shareholdings – primary insiders

Oslo, 13 December 2022

Market: Euronext Expand, Oslo Børs

Instrument: NORTH, ISIN NO0010550056

Anders Onarheim, Chairman of the Board of Directors of North Energy ASA, has today, 13 December 2022, purchased 15,139 shares at NOK 2.095 per share via his fully owned company AB Investment AS. The total number of shares beneficially owned by Onarheim after the transaction is 24,093,604, which equals 20.24% ownership in North Energy ASA.

Rachid Bendriss, Co-CEO of North Energy ASA, has today, 13 December 2022, purchased 15,139 shares at NOK 2.095 per share via his fully owned company Celisa Capital AS. The total number of shares beneficially owned by Bendriss after the transaction is 11,753,284, which equals 9.87% ownership in North Energy ASA. Furthermore, Celisa Capital AS has today pledged 6,015,139 shares in North Energy ASA.

Didrik Leikvang, Co-CEO of North Energy ASA, has today, 13 December 2022, purchased 15,139 shares at NOK 2.095 per share via his fully owned company Isfjorden AS. The total number of shares beneficially owned by Leikvang after the transaction is 9,799,849, which equals 8.23% ownership in North Energy ASA.