Whisteblowing, harassment and grievance

BlueNord provides secure and confidential channels for reporting concerns related to whistleblowing, harassment and workplace grievances. The whistleblowing procedure applies to all Directors, officers, employees, consultants and others acting on behalf of the Company. Reports may be submitted in good faith through designated reporting channels, including an independent integrity channel, and are handled confidentially and without risk of retaliation.​

BlueNord provides secure and confidential channels for reporting concerns related to whistleblowing, harassment and workplace grievances. The whistleblowing procedure applies to all Directors, officers, employees, consultants and others acting on behalf of the Company. Reports may be submitted in good faith through designated reporting channels, including an independent integrity channel, and are handled confidentially and without risk of retaliation.​

BlueNord’s Commitment to HSE, Ethics and People

As a non-operating partner in the DUC, BlueNord does not manage day-to-day operations, but engages with the Operator on HSE matters through established joint venture and partner processes. Its HSE approach is centred on safe and efficient operations, regulatory compliance and continuous improvement, with a HSE vision of zero accidents, zero incidents and zero impact on the environment and communities in which it operates.

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• 6 Wellhead
• 1 Wellhead w/ water injection
• 1 Wellhead & processing
• 2 Processing
• 2 Processing & Accommodation

• Halfdan to Gorm
• Dan F to Gorm
• Oil/Condensate. 16km

Summary

Our Policy

BlueNord introduced its distribution policy in 2024, following the completion of the Tyra II redevelopment, the milestone that transformed the Company from a capital-intensive investment phase into a business generating strong and growing cash returns.

Through to the end of 2026, BlueNord’s policy is to distribute 50–70% of net operating cashflow to shareholders, paid quarterly. To date, every distribution has been made at the top end of that range, at 70%, reflecting the Board’s deliberate commitment to maximising returns.

From 2027, BlueNord will adopt an updated distribution framework, the parameters of which will be communicated in due course. The underlying principle remains unchanged: maximising long-term returns to shareholders.

Distribution History

Full details of each distribution, including ex-date, record date and payment date, are set out below. In addition, the Company did a share buyback of USD 50 million on 16 July 2025.