NOTICE TO SHAREHOLDERS OF P/F ATLANTIC PETROLEUM REGISTERED IN THE NORWEGIAN CENTRAL SECURITIES DEPOSITORY (VPS)

VOTING ANNUAL GENERAL MEETING
Thursday 28th April 2023

As holdings of shares of P/F Atlantic Petroleum (the “Company”) registered in The Norwegian Central Securities Depository (the "VPS") is registered in the name of DNB Bank ASA ("DNB") and/or its custodian bank in the main register of shareholders in VP Securities, Denmark, on behalf of the VPS Register, voting at the above-mentioned Annual General Meeting (the “Meeting”) of the shareholders of the Company, to be held on 28th April 2023, will have to be executed through DNB.

The Notice of Annual General Meeting was issued by the Company on 31st April 2023. This notice together with a proxy form to use to cast votes on the issues set forth in the above referred notice are available on the Company’s website www.petroleum.fo.

Votes should be specified by marking the appropriate boxes on the proxy form. When properly executed, the proxy will be voted in the manner directed therein. If you sign and return your proxy without marking any appropriate boxes, the Chairman of the Meeting, or failing him, any individual duly appointed by the Chairman of the Meeting, will as true and lawful agent and proxy for DNB, vote your shares in favour on all items on the agenda for the Meeting.

Due to the form of registration as referred to above, please disregard any and all information in the notice of general meeting, proxy and any other documents, as applicable, that refers to proxy return cut-off and/or address to which proxies are to be sent other than what is stated below.

The VPS registered shareholder must also be registered with their own name in the VPS system as of record date 21st April 2023.

Your proxy is to be received by DNB Bank ASA, Registrars Department, Oslo, not later than 20th April 2023 12:00 hours Central European Time. The address of DNB is: DNB Bank ASA, Registrars Dept., P.O. Box 1600 Sentrum, 0021 Oslo, Norway. Alternatively, send the proxy by e-mail to vote@dnb.no within the aforementioned date and time.