Oslo, 26 February 2026

Please find enclosed Q4 highlights and the annual report for 2025, downloadable
as PDF and European Single Electronic Format (ESEF).

Highlights:

- 62% of Q1 vessel days booked at USD 115,800 per day

- Spot market currently at USD 219,300 per day

- NOK 0.98 per share dividend agreed to be distributed in two instalments

- The Company reiterates its firm commitment to returning all excess cash to
shareholders

Financial highlights Q4 and FY 2025:

+---------------------------------------------+---------------+--------------+
|Period:                                      |    Q4 2025    |   FY 2025    |
+---------------------------------------------+---------------+--------------+
|Net TC result                                |  USD 10.97m   |  USD 8.60m   |
+---------------------------------------------+---------------+--------------+
|Unrealized non-cash TC position result (loss)|  USD (0.91m)  |  USD 6.49m   |
+---------------------------------------------+---------------+--------------+
|Total operating expenses                     |  USD (0.54m)  | USD (1.83m)  |
+---------------------------------------------+---------------+--------------+
|Net profit (loss)                            |  USD 10.14m   |  USD 14.1m   |
+---------------------------------------------+---------------+--------------+
|                                             |               |              |
+---------------------------------------------+---------------+--------------+
|Avg. spot-linked TC-out rate                 |USD 111,390 / d|USD 63,530 / d|
+---------------------------------------------+---------------+--------------+
|Avg. fixed TC-in rate                        |USD 51,750 / d |USD 51,750 / d|
+---------------------------------------------+---------------+--------------+
|Avg. TC-margin                               |USD 59,640 / d |USD 11,780 / d|
+---------------------------------------------+---------------+--------------+
|Vessel days                                  |   184 / 184   |  730 / 730   |
+---------------------------------------------+---------------+--------------+
|                                             |               |              |
+---------------------------------------------+---------------+--------------+
|Cash and working capital                     |  USD 14.50m   |  USD 14.50m  |
+---------------------------------------------+---------------+--------------+

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.