DISCLAIMER – IMPORTANT

THE MATERIALS CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, JAPAN, CANADA, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

The information contained herein and on the pages that follow does not constitute or form a part of any offer of securities for sale or a solicitation of an offer to purchase securities in any jurisdiction in which such offers or sales are unlawful. The securities referred to herein and on the pages that follow (the “Securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. No public offering of the Securities is being made in the United States. Furthermore, the Securities have not been and will not be registered under the applicable securities laws of Australia, Canada, Japan or South Africa, or any other jurisdiction in which it would be unlawful or would require registration or other measures, and therefore may not be offered or sold to or for the account or benefit of any person having a registered address in, or located or resident in, Australia, Canada, Japan, South Africa or any other jurisdiction in which it would be unlawful or would require registration or other measures.

Any offer of shares in any member state of the European Economic Area (the “EEA”) (each a “Member State”) (with the exception of Norway, Sweden, Finland and Denmark) will be made pursuant to an exemption under the Regulation (EU) 2017/1129 (the “Prospectus Regulation”) from the requirement to publish a prospectus for offers of shares. Any offer of shares to persons in the United Kingdom will be only be made to persons who are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 (the “UK Prospectus Regulation”) or otherwise in circumstances which do not require publication of a prospectus pursuant to section 85(1) of the Financial Services and Markets Act 2000 (as amended, the "FSMA"). As a consequence, the Securities may only be sold in any Member State or the United Kingdom pursuant to an exemption under the Prospectus Regulation or UK Prospectus Regulation, as applicable. This portion of the website is directed only at persons in Member States of the EEA other than Norway, Sweden, Finland and Denmark or in the United Kingdom who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation or UK Prospectus Regulation, as applicable (“Qualified Investors”).

This website and the information contained herein are directed solely at persons who are outside the United Kingdom or persons in the United Kingdom who are qualified investors within the meaning of Article 2(e) of the UK Prospectus Regulation that are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); (ii) high net worth entities or other persons falling within Article 49(2)(a) to (d) of the Order; or (iii) persons to whom such website and the information contained herein may otherwise lawfully be made available (all such persons together being referred to as “Relevant Persons”). This website and the information contained herein must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this website and the information contained herein relate is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Access to the information and documents contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. All persons residing outside of Norway, Sweden, Finland and Denmark who wish to have access to the documents contained on this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. No such registration or approval has been obtained outside Norway, Sweden, Finland and Denmark. Vår Energi assumes no responsibility if there is a violation of applicable law and regulations by any person.

While Vår Energi believes that the information posted on the following pages is accurate and complete as of the posted date, and while Vår Energi may post new information from time to time, Vår Energi does not assume any obligation to update or correct such information and explicitly disclaims any duty to do so.

If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

Confirmation of Understanding

By proceeding to view the materials to which this gatepost gives access, you confirm that you (1) have read and understood the information set out above, (2) agree to be bound by its terms, (3) are permitted under applicable law and regulation to proceed to the following parts of this website, (4) agree that you will not transmit or otherwise send any information contained in this website to any person in the United States or to publications with a general circulation in the United States, and you:

• are resident and physically present outside the United States;
• are not resident or physically present in any Member State, with the exception of Norway, Sweden, Finland and Denmark, unless you are a Qualified Investor; and
• are not resident or physically present in the United Kingdom, unless you are a Relevant Person.