Acquisition of 에볼루션 카지노 Licenses in Norway

JAPEX Norge AS (J Norge), an overseas consolidated subsidiary of 에볼루션 카지노 (JAPEX), participated in the Awards in Pre-defined Areas (APA) 2025 Round^(*)conducted by the Kingdom of Norway (hereinafter "Norway") and was awarded exploration licenses PL1289 S in the northern North Sea and PL1310 in the northern Norwegian Sea.

Since entering the E&P business in Norway in July 2023, JAPEX and J Norge have advanced 에볼루션 카지노, development, and production activities on multiple licenses owned by J Norge. In October 2025, we completed aswap licenses then owned by J Norge and development licenses. Production commenced from the acquired Verdande oil and gas fields in December 2025. Moreover, work is progressing well towards the commencement of production at the Alve Nord oil and gas field.

To expand our portfolio in Norway, JAPEX and J Norge have participated in the APA to acquire 에볼루션 카지노 licenses, and have now secured 2 licenses. Moving forward, we will advance 에볼루션 카지노 activities with the license partners.

JAPEX and J Norge will expand our Norwegian E&P operations by pursuing opportunities to acquire additional 에볼루션 카지노 licenses, asset and business acquisitions focused on development and production assets, aiming for sustainable growth and enlucing