Dno Asa Class AOSL: DNO

The Goldman Sachs Group, Inc. Disclosure in DNO ASA

· Issued by Dno Asa Class A


Standard form for notification of major holdings

Date:22 October 2015 ESMA/2015/1597

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are at-tachedii: DNO ASA

LEI: 5967007LIEEXZXH3K072

2. Reason for the notification (please tick the appropriate box or boxes):

[] An acquisition or disposal of voting rights

[X] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name: The Goldman Sachs Group, Inc.

City and country of registered office (if applicable): Corporation Trust Centre, 1209 Orange Street, Wilmington DE 19801, USA

4. Full name of shareholder(s) (if different from 3.)v:

5. Date on which the threshold was crossed or reachedvi: 18/05/2026

6. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 7.A)

% of voting rights through financial instruments

(total of 7.B.1 + 7.B.2)

Total of both in % (7.A + 7.B)

Total number of voting rights of is-suervii

Resulting situation on the date on which

threshold was crossed or reached

0.06%

5.65%

5.70%

975,000,000

Position of previous notification (if applicable)

n.a.

n.a.

n.a.



1

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC)

Indirect

(Art 10 of Directive 2004/109/EC)

Direct

(Art 9 of Directive 2004/109/EC)

Indirect

(Art 10 of Directive 2004/109/EC)

NO0003921009

544,132

0.06%

SUBTOTAL A

544,132

0.06%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC

Type of financial instrument

Expiration datex

Exercise/ Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/ con-

verted.

% of voting rights

Securities Lending

Open

34,865,797

3.58%

SUBTOTAL B.1

34,865,797

3.58%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC

Type of financial instrument

Expiration datex

Exercise/ Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

Future

19/06/2026

Cash

18,987,120

1.95%

Swap

06/11/2028

Cash

71,455

0.01%

Swap

31/03/2036

Cash

1,153,989

0.12%

SUBTOTAL B.2

20,212,564

2.07%

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable thresh-

old

Total of both if it equals or is higher than the notifiable threshold

The Goldman Sachs Group, Inc.

Goldman Sachs (UK) L.L.C.

Goldman Sachs Group UK Limited

Goldman Sachs International

The Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC

The Goldman Sachs Group, Inc.

Goldman Sachs Bank USA

Goldman Sachs Bank Europe SE

The Goldman Sachs Group, Inc.

GSAM Holdings LLC

Goldman Sachs Asset Management, L.P.

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

Please note, the total amount of voting rights has been rounded to 2 decimal places and therefore there is a possibility of a rounding difference.

General email contact:

gs-rrc-emea-position-enquiries@gs.com

Done at London on 19/05/2026