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DIRS - CORR* Belships ASA: Mandatory notification of transactions by primary insiders and close associates and disclosure of large shareholdings

Company: Belships Date: 2025-02-21 Language: English Register to download
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| Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                  |                         |  |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|-------------------------|--|
| Name                                                                                                                                                                                                 | Lars Christian Skarsgård         |                         |  |
| Reason for the notification                                                                                                                                                                          |                                  |                         |  |
| Position/status                                                                                                                                                                                      | Primary insider (CEO)            |                         |  |
| Initial notification or amendment                                                                                                                                                                    | Initial notification             |                         |  |
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                  |                         |  |
| Name                                                                                                                                                                                                 | Belships ASA                     |                         |  |
| LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49             |                         |  |
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                  |                         |  |
| Description of the financial instrument, type of<br>instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104 |                         |  |
| Identification code                                                                                                                                                                                  |                                  |                         |  |
| Type of transaction                                                                                                                                                                                  | Disposal of share options        |                         |  |
| Price(s) and volume(s)                                                                                                                                                                               | Price(s)                         | Volume(s)               |  |
|                                                                                                                                                                                                      | NOK 11.36 per share<br>option    | 5,000,000 share options |  |
| Aggregated information                                                                                                                                                                               |                                  |                         |  |
| —<br>Aggregated volume                                                                                                                                                                               | 5,000,000 share options          |                         |  |
| —<br>Aggregated Price                                                                                                                                                                                | NOK 56,800,000                   |                         |  |
| Date of the transaction                                                                                                                                                                              | 2025-02-21                       |                         |  |
| Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue   |                         |  |

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| Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                  |                       |  |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|-----------------------|--|
| Name                                                                                                                                                                                                 | Yngve Aslaksen Gram              |                       |  |
| Reason for the notification                                                                                                                                                                          |                                  |                       |  |
| Position/status                                                                                                                                                                                      | Primary insider (CFO)            |                       |  |
| Initial notification or amendment                                                                                                                                                                    | Initial notification             |                       |  |
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                  |                       |  |
| Name                                                                                                                                                                                                 | Belships ASA                     |                       |  |
| LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49             |                       |  |
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                  |                       |  |
| Description of the financial instrument, type of<br>instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104 |                       |  |
| Identification code                                                                                                                                                                                  |                                  |                       |  |
| Type of transaction                                                                                                                                                                                  | Disposal of share options        |                       |  |
| Price(s) and volume(s)                                                                                                                                                                               | Price(s)                         | Volume(s)             |  |
|                                                                                                                                                                                                      | NOK 4.39 per share<br>option     | 300,000 share options |  |
| Aggregated information                                                                                                                                                                               |                                  |                       |  |
| —<br>Aggregated volume                                                                                                                                                                               | 300,000 share options            |                       |  |
| —<br>Aggregated Price                                                                                                                                                                                | NOK 1,317,000                    |                       |  |
| Date of the transaction                                                                                                                                                                              | 2025-02-21                       |                       |  |
| Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue   |                       |  |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                                                         |  |  |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------|--|--|
| a) | Name                                                                                                                                                                                                 | AS Torinitamar                                                          |  |  |
| 2  | Reason for the notification                                                                                                                                                                          |                                                                         |  |  |
| a) | Position/status                                                                                                                                                                                      | Close associate of primary insider<br>Lars Christian<br>Skarsgård (CEO) |  |  |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification                                                    |  |  |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                                                         |  |  |
| a) | Name                                                                                                                                                                                                 | Belships ASA                                                            |  |  |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49                                                    |  |  |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                                                         |  |  |
| a) | Description of the financial instrument,<br>type of instrument                                                                                                                                       | — Shares                                                                |  |  |
|    | Identification code                                                                                                                                                                                  | – ISIN NO 0003094104                                                    |  |  |
| b) | Type of transaction                                                                                                                                                                                  | Sale                                                                    |  |  |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)<br>Volume(s)                                                   |  |  |
|    |                                                                                                                                                                                                      | NOK 20.50 per share<br>980,100                                          |  |  |
| d) | Aggregated information                                                                                                                                                                               |                                                                         |  |  |
|    | —<br>Aggregated volume                                                                                                                                                                               | 980,100 shares                                                          |  |  |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 20,092,050                                                          |  |  |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                                                              |  |  |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue                                          |  |  |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                  |                    |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|--------------------|
| a) | Name                                                                                                                                                                                                 | Birthe Cecilie Lepsøe            |                    |
| 2  | Reason for the notification                                                                                                                                                                          |                                  |                    |
| a) | Position/status                                                                                                                                                                                      | Primary insider (Board member)   |                    |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification             |                    |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                  |                    |
| a) | Name                                                                                                                                                                                                 | Belships ASA                     |                    |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49             |                    |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                  |                    |
| a) | Description of the financial instrument, type<br>of instrument<br>Identification code                                                                                                                | — Shares<br>– ISIN NO 0003094104 |                    |
| b) | Type of transaction                                                                                                                                                                                  | Sale                             |                    |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)<br>NOK 20.50 per share  | Volume(s)<br>7,500 |
| d) | Aggregated information                                                                                                                                                                               |                                  |                    |
|    | —<br>Aggregated volume                                                                                                                                                                               | 7,500 shares                     |                    |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 153,750                      |                    |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                       |                    |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue   |                    |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                  |           |  |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|-----------|--|
| a) | Name                                                                                                                                                                                                 | Carl Erik Steen                  |           |  |
| 2  | Reason for the notification                                                                                                                                                                          |                                  |           |  |
| a) | Position/status                                                                                                                                                                                      | Primary insider (Board member)   |           |  |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification             |           |  |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                  |           |  |
| a) | Name                                                                                                                                                                                                 | Belships ASA                     |           |  |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49             |           |  |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                  |           |  |
| a) | Description of the financial instrument,<br>type of instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104 |           |  |
|    | Identification code                                                                                                                                                                                  |                                  |           |  |
| b) | Type of transaction                                                                                                                                                                                  | Sale                             |           |  |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                         | Volume(s) |  |
|    |                                                                                                                                                                                                      | NOK 20.50 per share              | 179,154   |  |
| d) | Aggregated information                                                                                                                                                                               |                                  |           |  |
|    | —<br>Aggregated volume                                                                                                                                                                               | 179,154 shares                   |           |  |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 3,672,657                    |           |  |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                       |           |  |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue   |           |  |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                  |                     |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|---------------------|
| a) | Name                                                                                                                                                                                                 | Jan Erik Sivertsen               |                     |
| 2  | Reason for the notification                                                                                                                                                                          |                                  |                     |
| a) | Position/status                                                                                                                                                                                      | Primary insider (Board observer) |                     |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification             |                     |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                  |                     |
| a) | Name                                                                                                                                                                                                 | Belships ASA                     |                     |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49             |                     |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                  |                     |
| a) | Description of the financial instrument, type<br>of instrument<br>Identification code                                                                                                                | — Shares<br>– ISIN NO 0003094104 |                     |
| b) | Type of transaction                                                                                                                                                                                  | Sale                             |                     |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)<br>NOK 20.50 per share  | Volume(s)<br>50,000 |
| d) | Aggregated information                                                                                                                                                                               |                                  |                     |
|    | —<br>Aggregated volume<br>—<br>Aggregated Price                                                                                                                                                      | 50,000 shares<br>NOK 1,025,000   |                     |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                       |                     |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue   |                     |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                  |                     |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|---------------------|
| a) | Name                                                                                                                                                                                                 | Jorunn Seglem                    |                     |
| 2  | Reason for the notification                                                                                                                                                                          |                                  |                     |
| a) | Position/status                                                                                                                                                                                      | Primary insider (Board member)   |                     |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification             |                     |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                  |                     |
| a) | Name                                                                                                                                                                                                 | Belships ASA                     |                     |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49             |                     |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                  |                     |
| a) | Description of the financial instrument, type<br>of instrument<br>Identification code                                                                                                                | — Shares<br>– ISIN NO 0003094104 |                     |
| b) | Type of transaction                                                                                                                                                                                  | Sale                             |                     |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)<br>NOK 20.50 per share  | Volume(s)<br>35,000 |
| d) | Aggregated information                                                                                                                                                                               |                                  |                     |
|    | —<br>Aggregated volume                                                                                                                                                                               | 35,000 shares                    |                     |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 717,500                      |                     |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                       |                     |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue   |                     |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                                                   |             |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|-------------|
| a) | Name                                                                                                                                                                                                 | Kontrari AS                                                       |             |
| 2  | Reason for the notification                                                                                                                                                                          |                                                                   |             |
| a) | Position/status                                                                                                                                                                                      | Close associate of primary insider Frode Teigen (Board<br>member) |             |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification                                              |             |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                                                   |             |
| a) | Name                                                                                                                                                                                                 | Belships ASA                                                      |             |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49                                              |             |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                                                   |             |
| a) | Description of the financial instrument, type<br>of instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104                                  |             |
|    | Identification code                                                                                                                                                                                  |                                                                   |             |
| b) | Type of transaction                                                                                                                                                                                  | Sale                                                              |             |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                                                          | Volume(s)   |
|    |                                                                                                                                                                                                      | NOK 20.50 per share                                               | 104,000,000 |
| d) | Aggregated information                                                                                                                                                                               |                                                                   |             |
|    | —<br>Aggregated volume                                                                                                                                                                               | 104,000,000 shares                                                |             |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 2,132,000,000                                                 |             |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                                                        |             |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue                                    |             |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                                                   |            |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|------------|
| a) | Name                                                                                                                                                                                                 | Kontrazi AS                                                       |            |
| 2  | Reason for the notification                                                                                                                                                                          |                                                                   |            |
| a) | Position/status                                                                                                                                                                                      | Close associate of primary insider Frode Teigen (Board<br>member) |            |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification                                              |            |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                                                   |            |
| a) | Name                                                                                                                                                                                                 | Belships ASA                                                      |            |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49                                              |            |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                                                   |            |
| a) | Description of the financial instrument, type<br>of instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104                                  |            |
|    | Identification code                                                                                                                                                                                  |                                                                   |            |
| b) | Type of transaction                                                                                                                                                                                  | Sale                                                              |            |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                                                          | Volume(s)  |
|    |                                                                                                                                                                                                      | NOK 20.50 per share                                               | 32,500,000 |
| d) | Aggregated information                                                                                                                                                                               |                                                                   |            |
|    | —<br>Aggregated volume                                                                                                                                                                               | 32,500,000 shares                                                 |            |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 666,250,000                                                   |            |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                                                        |            |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue                                    |            |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                                                 |           |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------|-----------|
| a) | Name                                                                                                                                                                                                 | Kryptogram AS                                                   |           |
| 2  | Reason for the notification                                                                                                                                                                          |                                                                 |           |
| a) | Position/status                                                                                                                                                                                      | Close associate of primary insider Yngve Aslaksen<br>Gram (CFO) |           |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification                                            |           |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                                                 |           |
| a) | Name                                                                                                                                                                                                 | Belships ASA                                                    |           |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49                                            |           |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                                                 |           |
| a) | Description of the financial instrument, type<br>of instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104                                |           |
|    | Identification code                                                                                                                                                                                  |                                                                 |           |
| b) | Type of transaction                                                                                                                                                                                  | Sale                                                            |           |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                                                        | Volume(s) |
|    |                                                                                                                                                                                                      | NOK 20.50 per share                                             | 50,000    |
| d) | Aggregated information                                                                                                                                                                               |                                                                 |           |
|    | —<br>Aggregated volume                                                                                                                                                                               | 50,000 shares                                                   |           |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 1,025,000                                                   |           |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                                                      |           |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue                                  |           |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                          |           |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------|-----------|
| a) | Name                                                                                                                                                                                                 | Lars Christian Skarsgård                 |           |
| 2  | Reason for the notification                                                                                                                                                                          |                                          |           |
| a) | Position/status                                                                                                                                                                                      | Primary insider (CEO)                    |           |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification                     |           |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                          |           |
| a) | Name                                                                                                                                                                                                 | Belships ASA                             |           |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49                     |           |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                          |           |
| a) | Description of the financial instrument,<br>type of instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104<br>Sale |           |
|    | Identification code                                                                                                                                                                                  |                                          |           |
| b) | Type of transaction                                                                                                                                                                                  |                                          |           |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                                 | Volume(s) |
|    |                                                                                                                                                                                                      | NOK 20.50 per share                      | 19,900    |
| d) | Aggregated information                                                                                                                                                                               |                                          |           |
|    | —<br>Aggregated volume                                                                                                                                                                               | 19,900 shares                            |           |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 407,950                              |           |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                               |           |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue           |           |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                                      |           |  |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------|-----------|--|
| a) | Name                                                                                                                                                                                                 | Peter Frølich                                        |           |  |
| 2  | Reason for the notification                                                                                                                                                                          |                                                      |           |  |
| a) | Position/status                                                                                                                                                                                      | Primary insider (Chairman of the board of directors) |           |  |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification                                 |           |  |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                                      |           |  |
| a) | Name                                                                                                                                                                                                 | Belships ASA                                         |           |  |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49                                 |           |  |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                                      |           |  |
| a) | Description of the financial instrument,<br>type of instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104<br>Sale             |           |  |
|    | Identification code                                                                                                                                                                                  |                                                      |           |  |
| b) | Type of transaction                                                                                                                                                                                  |                                                      |           |  |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                                             | Volume(s) |  |
|    |                                                                                                                                                                                                      | NOK 20.50 per share                                  | 100,000   |  |
| d) | Aggregated information                                                                                                                                                                               |                                                      |           |  |
|    | —<br>Aggregated volume                                                                                                                                                                               | 100,000 shares                                       |           |  |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 2,050,000                                        |           |  |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                                           |           |  |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue                       |           |  |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                  |           |  |  |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|-----------|--|--|
| a) | Name                                                                                                                                                                                                 | Sten Stenersen                   |           |  |  |
| 2  | Reason for the notification                                                                                                                                                                          |                                  |           |  |  |
| a) | Position/status                                                                                                                                                                                      | Primary insider (Board member)   |           |  |  |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification             |           |  |  |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                  |           |  |  |
| a) | Name                                                                                                                                                                                                 | Belships ASA                     |           |  |  |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49             |           |  |  |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                  |           |  |  |
| a) | Description of the financial instrument,<br>type of instrument<br>Identification code                                                                                                                | — Shares<br>– ISIN NO 0003094104 |           |  |  |
| b) | Type of transaction                                                                                                                                                                                  | Sale                             |           |  |  |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                         | Volume(s) |  |  |
|    |                                                                                                                                                                                                      | NOK 20.50 per share              | 15,000    |  |  |
| d) | Aggregated information                                                                                                                                                                               |                                  |           |  |  |
|    | —<br>Aggregated volume                                                                                                                                                                               | 15,000 shares<br>NOK 307,500     |           |  |  |
|    | —<br>Aggregated Price                                                                                                                                                                                |                                  |           |  |  |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                       |           |  |  |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue   |           |  |  |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                                                   |           |  |  |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|-----------|--|--|
| a) | Name                                                                                                                                                                                                 | Tamarillo Invest AS                                               |           |  |  |
| 2  | Reason for the notification                                                                                                                                                                          |                                                                   |           |  |  |
| a) | Position/status                                                                                                                                                                                      | Close associate of primary insider Frode Teigen (Board<br>member) |           |  |  |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification                                              |           |  |  |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                                                   |           |  |  |
| a) | Name                                                                                                                                                                                                 | Belships ASA                                                      |           |  |  |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49                                              |           |  |  |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                                                   |           |  |  |
| a) | Description of the financial instrument, type<br>of instrument                                                                                                                                       | — Shares<br>– ISIN NO 0003094104                                  |           |  |  |
|    | Identification code                                                                                                                                                                                  |                                                                   |           |  |  |
| b) | Type of transaction                                                                                                                                                                                  | Sale                                                              |           |  |  |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                                                          | Volume(s) |  |  |
|    |                                                                                                                                                                                                      | NOK 20.50 per share                                               | 50,000    |  |  |
| d) | Aggregated information                                                                                                                                                                               |                                                                   |           |  |  |
|    | —<br>Aggregated volume                                                                                                                                                                               | 50,000 shares                                                     |           |  |  |
|    | —<br>Aggregated Price                                                                                                                                                                                | NOK 1,025,000                                                     |           |  |  |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                                                        |           |  |  |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue                                    |           |  |  |

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| 1  | Details of the person discharging managerial responsibilities/person closely associated                                                                                                              |                                 |           |  |  |  |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------|-----------|--|--|--|
| a) | Name                                                                                                                                                                                                 | Yngve Aslaksen Gram             |           |  |  |  |
| 2  | Reason for the notification                                                                                                                                                                          |                                 |           |  |  |  |
| a) | Position/status                                                                                                                                                                                      | Primary insider (CFO)           |           |  |  |  |
| b) | Initial notification or amendment                                                                                                                                                                    | Initial notification            |           |  |  |  |
| 3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction<br>monitor                                                                                     |                                 |           |  |  |  |
| a) | Name                                                                                                                                                                                                 | Belships ASA                    |           |  |  |  |
| b) | LEI code                                                                                                                                                                                             | 5967007LIEEXZXJCKO49            |           |  |  |  |
| 4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of<br>transaction; (iii) each date; and (iv) each place where transactions have been conducted |                                 |           |  |  |  |
| a) | Description of the financial instrument,                                                                                                                                                             | — Shares                        |           |  |  |  |
|    | type of instrument<br>Identification code                                                                                                                                                            | – ISIN NO 0003094104            |           |  |  |  |
| b) | Type of transaction                                                                                                                                                                                  | Sale                            |           |  |  |  |
| c) | Price(s) and volume(s)                                                                                                                                                                               | Price(s)                        | Volume(s) |  |  |  |
|    |                                                                                                                                                                                                      | NOK 20.50 per share             | 280,000   |  |  |  |
| d) | Aggregated information                                                                                                                                                                               |                                 |           |  |  |  |
|    | —<br>Aggregated volume                                                                                                                                                                               | 280,000 shares<br>NOK 5,740,000 |           |  |  |  |
|    | —<br>Aggregated Price                                                                                                                                                                                |                                 |           |  |  |  |
| e) | Date of the transaction                                                                                                                                                                              | 2025-02-21                      |           |  |  |  |
| f) | Place of the transaction                                                                                                                                                                             | XOFF - Outside a trading venue  |           |  |  |  |