SDFI and Petoro annual report 2025

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Table of contents

1. CEO’s letter and Directors’ reportChief Executive Officer (CEO)Directors’ report

2. Introduction to the organisation and key figuresIntroduction to the organisation Key figures

3. Activities and results from the yearActivities and results from the year

4. Management and controlBoard of Directors of Petoro Executive management of Petoro Corporate governance Corporate social responsibility Statement on human rights due diligence pursuant to the Transparency Act

5. Assessment of future prospects

6. Annual accounts

Accounts SDFIManagement comment Note on accounting principles Appropriation accounts Capital accounts – specified General ledger accounts report Income statement Balance sheet at 31 December Cash flow statement Accounting principles Notes Resource accounts Auditor confirmation

Accounts Petoro ASIncome statement Balance sheet at 31 December Cash flow statement Accounting principles Notes Auditor confirmation

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Organisation

Petoro AS management

Photo: Anne Lise Norheim

Kristin Fejerskov Kragseth

CEO

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Kurt Georgsen

Director Gas Infrastructure

Heidi Iren Nes

EVP Organisation, Strategy and Digitalisation

Kjersti Bergsåker-Aspøy

EVP Legal, Commercial and Compliance

Jonny Mæland

CFO & EVP Finance and Market

Kjell Morisbak Lund

EVP License and Technology

Kristin Fejerskov Kragseth

CEO

Petoro AS management

Organisational chart