Oslo, 4 July 2025: Reference is made to the stock exchange notice published by
BlueNord ASA ("BlueNord" or the "Company") on 23 June 2025, announcing the
commencement of a conditional Tender Offer to buy back the Company's
subordinated convertible bonds with ISIN NO 0012780867 ("BNOR15"). As previously
communicated, the Tender Offer period was set to close at 16:00 CEST on 4 July
2025.

BlueNord ASA hereby confirms that as of expiry of the Tender Offer period today,
the Company has received acceptances from bondholders representing approximately
99.99% of BNOR15. Settlement of the accepted BNOR15 bonds is expected to take
place on or about 11 July 2025, following which the Company intends to exercise
a clean-up call under BNOR15 thereby redeeming any remaining BNOR15 bonds in
full.

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

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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 (DUC) 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.