Oslo, 30 May 2024

Please see the enclosed report for further information.

Financial highlights - Q1 2024:

Total revenuesUSD 6.55m
Total operating expensesUSD 0.66m
Operating profitUSD 5.89m
Net profitUSD 5.72m
Avg. spot-linked TC-out rate:USD 54,590/d
Avg. fixed TC-in rate:USD 54,260/d
Avg. TC-margin:USD 2,330/d
Vessel days: 108 / 108
Net TC-result:USD 251,770
Cash and working capital:USD 19.77m

Contact:

Erik A.S. Frydendal, CEO, ef (a) huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb (a) huntergroup.no, Ph.: +47 932 60 882

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

https://news.cision.com/hunter-group-asa/r/hunter-group-asa---first-quarter-results-2024,c3991327

https://mb.cision.com/Main/1339/3991327/2832655.pdf

(c) 2024 Cision. All rights reserved., source Press Releases - English