InterOil proposes paying July 31 bond interest in kind with new 8.5% PIK bonds

• InterOil Exploration and Production requested a bondholder vote to settle the 31 July 2026 interest payment in kind via additional Bonds.
• The proposed July PIK Bonds would be issued on substantially the same terms as the outstanding senior secured callable bonds, ISIN NO0010729908.
• The PIK Bonds would carry the same 8.5% interest rate as the existing Bonds.
• The written resolution requires a simple majority of voting Bonds, with the voting period ending at 5 p.m. Oslo time on 31 July 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InterOil Exploration and Production ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607170303OMX_____CNEWS_EN_GNW1001213177_en) on July 17, 2026, and is solely responsible for the information contained therein.