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Cool Company

Major Shareholding Notification • Nov 3, 2022

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Major Shareholding Notification

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Cool Company Ltd. – Mandatory notification of trade

EPS Ventures Ltd, close associate of Cyril Ducau, Chair of the Board of Cool Company Ltd. (the “Company”), has on 2 November 2022 acquired 10,789,728 shares in the Company at a price of NOK 130 per share in connection with the private placement announced by the Company. Following the transaction, EPS Ventures Ltd. holds a total of 26,790,545 shares in the Company, equivalent to 49.90% of the Company’s shares.

Please see attached notification form in accordance with the Market Abuse Regulation article 19.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act