AMSC ASA — Director's Dealing 2022

May 19, 2022

American Shipping Company ASA: Mandatory notification of trade

American Shipping Company ASA: Mandatory notification of trade

Peter D. Knudsen, board member of American Shipping Company ASA ("AMSC" or the

"Company"), has today acquired 3,000 shares in AMSC through the company Vilja

AS. The price per share was NOK 32.90, which implies a total consideration of

NOK 98,700. Following the transaction, Vilja AS holds a total of 8,000 shares in

AMSC, constituting approximately 0.013% of the Company's shares and votes.

This information is subject to the disclosure requirements pursuant to

Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities

Trading Act section 5-12.