ADS Maritime Holding

Transaction in Own Shares • Oct 26, 2020

Completion of sale of ADS Serenade

Completion of sale of ADS Serenade

26 October 2020

ADS Crude Carriers Plc (“ADSCC” or the “Company”) has today delivered the vessel ADS Serenade to her new owners following the sale which was previously announced on 13 October. Subsequently, the Company’s debt is reduced by USD 9.9 million.

Contacts

Terje Bodin Larsen, CEO

+47 905 35 543

tbl@ads.no

Ben Boiling, CFO

+47 912 40 945

ben.boiling@ads.no