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Regulatory press release

Awilco LNG ASA - Purchase of shares by nominated Chairman

Awilco LNG
Awilco LNG ASA is pleased to announce that Mr. Anders Onarheim, through his
fully owned company, AB Investment AS, subscribed for and was allocated
1,700,000 shares at a price of NOK 3.25 per share in the announced subsequent
offering in Awilco LNG ASA.

Mr. Onarheim is nominated and will be elected as Chairman of the Company in the
upcoming Annual General Meeting to held on June 3, 2026. Anders Onarheim has
extensive experience from both the maritime industry and the broader energy
markets, as well as having spent more than 25 years in the capital markets. His
background includes CEO of BW LPG and Managing Director and CEO of companies
within the Carnegie group.

For further information, please contact:

Awilco LNG ASA

Per Heiberg
Interim CEO and CFO
Tel: +47 952 20 264
nd CFO\
Tel: +47 952 20 264\