Neptune Norway's Asset Portfolio Integration

23 • Fram Area Area consists of the Fram, Byrding and Fram H-Nord fields. In addition, the Fram licences consists of the Echino Sør and Blasto discoveries with more prospects being evaluated as part of the Fram Future Area Development plan Vår Energi has an existing working interest of 25% in the Fram field, and adds complementary position in Byrding and Fram H-Nord, further strengthening its area presence Fram is developed by two four-slot subsea templates at a water depth of 350 metres and connected to the Troll-C platform via production flowlines • The Fram infrastructure also delivers production from the Byrding field and Fram H-Nord Asset overview Fields Licenses 2P reserves 1,2 Fram, Fram H-North, Byrding PL090, PL090B, PL090C, PL090E, PL090G 13.0 mmboe Q1 2023 production 1,3 7.0 kboepd Discovery year 1990 Production start 2003 Partners and operator Byrding: Equinor (70%), Neptune (15%), INPEX Idemitsu (15%) Fram: Equinor (45%), Vår Energi (25%), Neptune (15%), INPEX Idemitsu (15%) Fram H-Nord: Equinor (49.2%), INPEX Idemitsu (28.8%), Petoro (11.2%), Neptune (10.8%) 1. Net to Neptune Norway 2. Source: Neptune group ASR 2022 3. Source: Neptune group The Norwegian Sea 2P reserves split¹² 12% 22% 13.0 mmboe 66% Oil Gas NGL Sygna Snorre Statfjord Nord Vigdis Statfjord Øst Hamlet discovery Gjøa Area Statfjord Tordis Vega Gjøa Duva Vega Byrding Vega Fram Fram H-Nord Fram Area Fields with current Vår Energi ownership

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