KN Energies AB

Report Publication Announcement • Apr 30, 2019

Disclosure 371297

Klaipedos Nafta - Notification on material event

AB Klaipedos Nafta agreed on transferring AB Klaipedos Nafta stake in the charter contract of the LNG Bunker Vessel Kairos to Nauticor Gmbh & Co.

AB Klaipedos nafta, the operator of oil products and liquefied natural gas (LNG) terminals, and the German company Nauticor GmbH & Co. KG (hereinafter – the Nauticor) have agreed on the sale of AB Klaipedos nafta subsidiary UAB SGD logistika 10 % stake in the charter contract of Kairos, the world’s largest LNG bunker supply vessel to the Nauticor. As a consequence of this transaction, Nauticor will become sole charterer of Kairos.

The transfer shall become effective as of 30 September 2019.

Jonas Lenkšas, Chief Financial Officer, tel.: +370 694 80594