North Energy ASA - Key information relating the proposed cash dividend

25.2.2021 08:02:48 CET | North Energy ASA | Additional regulated information
required to be disclosed under the laws of a member state

Reference is made to the fourth quarter 2020 report released on 25 February
2021, where the Board of Directors of North Energy ASA has decided to propose a
cash dividend of NOK 0.45 per share for the financial year 2020 to the Annual
General Meeting.

Key information relating to cash dividend to be paid by North Energy ASA*:

Dividend amount: NOK 0.45 per share

Declared currency: NOK

Last day including right: 14 April 2021

Ex-date: 15 April 2021

Record date: 16 April 2021

Payment date: 23 April 2021

Date of approval: 14 April 2021

* Subject to approval at AGM on 14 April 2021

DISCLAIMER

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

CONTACTS

* Knut Sæberg, CEO, +47 918 00 720, knut.saeberg@northenergy.no