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Regulatory press release

PSE: Key Information Relating to Cash Distribution

Petrolia
Limassol, 28 May 2026: Reference is made to the stock exchange notice 6 May 2026
regarding proposal for cash distribution. Today the annual general meeting
approved the proposal.

The following sets out the approved cash distribution to be paid by Petrolia SE
("PSE" or the "Company"). The distribution is treated by the Company as
repayment of paid in capital for Norwegian tax purposes.

Distributed amount: USD 0.02 (=NOK 0.185) per share
Announced currency: USD
Payment currency: NOK
Last day including right: 28 May 2026
Ex-date: 29 May 2026
Record date: 1 June 2026
Payment date: On or about 12 June 2026
Date of approval: 28 May 2026


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