North Energy ASA - Mandatory notification of trades – primary insiders

Market: Euronext Expand, Oslo Børs

Instrument: NORTH, ISIN NO0010550056

Anders Onarheim, Chairman of the Board of Directors of North Energy ASA, has today, 11 October 2021, purchased 200,000 shares at NOK 2.75 per share via his fully owned company AB Investment AS. The total number of shares beneficially owned by Onarheim after the transaction is 23,428,465, which equals 19.68% ownership in North Energy ASA.

Rachid Bendriss, financial advisor to North Energy ASA and primary insider, has today, 11 October 2021, purchased 285,000 shares at NOK 2.75 per share via his fully owned company Celisa Capital AS. The total number of shares beneficially owned by Bendriss after the transaction is 10,888,145, which equals 9.15% ownership in North Energy ASA.

Didrik Leikvang, financial advisor to North Energy ASA and primary insider, has today, 11 October 2021, purchased 285,000 shares at NOK 2.75 per share via his fully owned company Isfjorden AS. The total number of shares beneficially owned by Leikvang after the transaction is 8,750,651, which equals 7.35% ownership in North Energy ASA.

Elin Karfjell, board member of North Energy ASA and primary insider, has today, 11 October 2021, purchased 140,000 shares at NOK 2.75 per share via her fully owned company Elika AS. The total number of shares beneficially owned by Karfjell after the transaction is 407,700, which equals 0,34% ownership in North Energy ASA.

Jogeir Romestrand, board member of North Energy ASA and primary insider, has today, 11 October 2021, purchased 140,000 shares at NOK 2.75 per share via his fully owned company Rome AS. The total number of shares beneficially owned by Romestrand after the transaction is 1,440,000, which equals 1,21% ownership in North Energy ASA.

This information is subject to the disclosure requirements in Regulation EU 596/2014 (Market Abuse Regulation) article 19 number 3 and the Norwegian Securities Trading Act § 5-12.