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Regulatory press release

Hunter Group ASA - Takes Delivery of Eco Scrubber VLCC

Hunter Group
Read the release

Oslo, 1 December 2023

Reference is made to the stock exchange notice dated 30 November 2023 at 16:49 CET (message ID: 605441)

Hunter Group ASA (the " Company") is pleased to announce that it today, at 13:40 CET, took delivery of the chartered-in eco scrubber fitted VLCC (the "Vessel").

The vessel is currently en route from Zhoushan, China to Singapore, ETA approx. December 8.

The spot-linked index charter out became effective immediately following delivery of the Vessel, and is on current rates and fuel prices earning USD 62,250 per day. The fixed charter in cost is USD 52,500 per day, meaning that on a full day basis the Company's December 1st margin is USD 9,750.

Contact:

Erik A.S. Frydendal, CEO, Ph. +47 957 72 947 E-mail: ef@huntergroup.no

Lars M. Brynildsrud, CFO, Ph. +47 932 60 882 E-mail: lb@huntergroup.no

This stock exchange announcement is made pursuant to section 5-9 of the Norwegian Securities Trading Act.

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