ADS Maritime Holding

Delisting Announcement • Sep 9, 2020

Sale of ADS Stratus

Sale of ADS Stratus

9 September 2020

ADS Crude Carriers Plc (“ADS” or the “Company”) has entered into a memorandum of agreement to sell the vessel ADS Stratus for a price of USD 25.5 million. The vessel will be delivered to the new owners on or around 17 September 2020 following completion of her current spot charter.

Contacts

Terje Bodin Larsen, CEO

+47 905 35 543

tbl@ads.no

Ben Boiling, CFO

+47 912 40 945

ben.boiling@ads.no