Stainless Tankers - Minutes of annual general meeting 

22 May 2024

Reference is made to the stock exchange announcement published by Stainless
Tankers ASA (the "Company") on 8 May 2024 regarding the financial results for
the three months ended 31 March 2024, including information about the board of
directors' intention to resolve a distribution of dividends in the total amount
of USD 3.38 million, or USD 0.25 per share (approx. NOK 2.7 per share), and (ii)
the notice to the Company's annual general meeting to be held on 22 May 2024. 

The Company's annual general meeting was held today, on 22 May 2024. All
resolutions were adopted in accordance with the board of directors' proposals,
including the authorisation to the board of directors for the distribution of
dividends. The board of directors intends to use the authorisation to distribute
the dividend as stated in the announcement on 8 May 2024 immediately upon
registration of the authorisation with the Norwegian Register of Business
Enterprises. The Company will publish a separate announcement containing key
information relating to the cash dividend immediately following the board's
resolution.

The minutes from the general meeting are attached hereto and will also be made
available at Company's webpage www.stainlesstankers.com.

For more information, please contact:

Alex Karakassis, CEO
E-mail: alex.karakassis@tufton.com

Irene Michael, CFO
E-mail: irene.michael@tufton.com

About Stainless Tankers ASA

Stainless Tankers ASA (ticker code "STST") is a shipping company specialized in
providing seaborne transportation of chemical cargoes worldwide. The Company
provides investors with pure-play stainless steel chemical tanker exposure in an
investor friendly structure through its fleet of nine stainless steel vessels,
each with an approximate total carrying capacity of 20,000dwt. The fleet is
managed by Tufton, with a primary focus on maximizing earnings and distributing
excess operating cashflows to shareholders. For more information, please visit
www.stainlesstankers.com.

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