Havila Kystruten AS

Legal Proceedings Report • Apr 26, 2022

Havila Kystruten AS: Exemption from Ministry of Foreign Affairs to operate Havila Capella

Havila Kystruten AS: Exemption from Ministry of Foreign Affairs to operate Havila Capella

Havila Kystruten has received exemption from the Ministry of Foreign Affairs to

operate Havila Capella for 6 months. The exemption is granted pursuant to §21 of

regulation on restrictive measures concerning actions that undermine or threaten

the territorial integrity, sovereignty, independence and stability of Ukraine.

The company will continue the efforts regarding refinancing to be able to become

the owner of Havila Capella.

The Ministry of Foreign Affairs has not taken a position on exemption for the

insurance which will require special exemption upon application from insurance

companies.

Havila Kystruten will continue the activities to obtain insurance coverage so

that the ship can resume its sailing along the coast.

Contacts:

CEO Bent Martini, +47 905 99 650

CFO Arne Johan Dale, +47 909 87 706

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act