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12 Nov 2021

Lundin Energy challenges the legal basis of Swedish Prosecution Authority’s criminal charges in relation to Company’s past operations in Sudan

Lundin Energy AB (“Lundin Energy” or the “Company”) has further considered the Swedish Prosecution Authority’s criminal charges against Ian H. Lundin and Alex Schneiter for complicity in crimes against international law, gross crime, following the Company’s initial announcement on 11 November 2021. The Company is therefore today publishing a summary of its position on the indictment from its defence counsel to provide further reassurance as to the defence. Ian H. Lundin, Alex Schneiter and the Company continue to strongly deny the criminal charges, and the Company reaffirms that there are no grounds for the allegations of wrongdoing by any of its representatives. The Company also reaffirms that it sees no circumstance in which a corporate fine or forfeiture could become payable and does not foresee any impact on the operational and financial guidance set out previously...