Regulatory press release

BNOR16 - Key Information Relating to Full Redemption of Bond Loan

Issuer: BlueNord ASA
ISIN for bond loan: NO0013261735
Original maturity date: 2 July 2029
New maturity date: 22 May 2026
Redemption price: 108.69889% (plus accrued unpaid interests on the redeemed
amount)

Other information: The issuer has in a letter to Nordic Trustee (the Bond
Trustee) on 7 May 2026, given conditional notice of its intention to exercise
the call option to redeem all of the outstanding bonds in accordance with the
Bond Terms. Please refer to the attached notice from Nordic Trustee AS for
further details. The record date will be 20 May 2026.

This information is published in accordance with the requirements of the
Continuing Obligations.

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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium that is responsible for oil and gas production
in the Danish North Sea. BlueNord is listed on the Oslo Stock Exchange and
trades under the ticker "BNOR". For further information, please visit:
www.bluenord.com.