Belships

Report Publication Announcement • Apr 11, 2024

Belships ASA: Annual Report 2023

Belships ASA: Annual Report 2023

Oslo, 11 April 2024

The Board of Directors of Belships ASA has approved the annual accounts for

2023. Today, both the Annual Report 2023 and the ESG Performance Report have

been published.

"We are pleased to present you with our Annual Report for 2023 which represents

a year of solid profitability, with a net result of USD 86m and dividends to the

shareholders totalling USD 56m. We maintained a high degree of contract coverage

which reduced short-term risks and we continued to develop and expand our fleet

for the future," says Belships' Chairman and CEO in a joint letter to the

shareholders.

The attached reports, including the European Single Electronic Format (ESEF),

have also been made available on the Company's website: www.belships.com

(http://www.belships.com)

For more information, please contact:

Lars Christian Skarsgård, Chief Executive Officer

LCS@belships.no (mailto:LCS@belships.no) or +47 977 68 061

Yngve Aslaksen Gram, Chief Financial Officer

yngve.gram@belships.no (mailto:yngve.gram@belships.no) or +47 454 03 113

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act