Golar LNG Ltd.

Capital/Financing Update • Jun 25, 2025

Golar LNG Limited Announces Proposed Offering of $500 Million of Convertible Senior Notes due 2030

Golar LNG Limited Announces Proposed Offering of $500 Million of Convertible Senior Notes due 2030

Hamilton, Bermuda, June 25, 2025 - Golar LNG Limited (the "Company") (NASDAQ:

GLNG) announces today that it intends to offer, subject to market and other

conditions, $500 million aggregate principal amount of Convertible Senior Notes

due 2030 (the "Notes") in a private placement to qualified institutional buyers

pursuant to Rule 144A under the Securities Act of 1933, as amended (the

"Securities Act"). The Company also intends to grant the initial purchasers of

the Notes a 30-day option to purchase up to an additional $75 million aggregate

principal amount of the Notes in connection with the offering.

In connection with the offering of the Notes, certain of the Company's directors

and officers have provided an indication of interest to purchase the Company's

common shares from investors in the offering of the Notes, and certain entities

controlled by or affiliated with the Company's directors have provided an

indication of interest to purchase Notes at the initial offering price.

The Notes will be senior, unsecured obligations of the Company, pay interest

semiannually in arrears on June 15 and December 15, mature on December

15, 2030, and be convertible into the Company's common shares, cash, or a

combination of shares and cash, at the Company's election.

The Company intends to use the net proceeds from the sale of the Notes

(including any Notes sold pursuant to the initial purchasers' option to purchase

additional Notes, if exercised) to repurchase up to 2.5 million of the Company's

common shares in connection with the offering of the Notes and for general

corporate purposes, which may include, among other things, future growth

investments including a contemplated fourth FLNG unit, MKII FLNG conversion

costs, FLNG Hilli redeployment costs, repaying indebtedness, and funding working

capital and capital expenditures.

IMPORTANT INFORMATION

This press release does not constitute an offer to sell or the solicitation of

an offer to buy the Notes, nor shall there be any sale of the Notes in any

jurisdiction in which, or to any person to whom, such an offer, solicitation or

sale would be unlawful. Any offer of the Notes will be made only by means of a

private offering memorandum.

The Notes and the shares of common stock issuable upon conversion of the Notes

have not been, and will not be, registered under the Securities Act or the

securities laws of any other jurisdiction and may not be offered or sold absent

registration or an applicable exemption from registration requirements under the

Securities Act and applicable state securities laws.

This announcement contains information about a pending transaction and there can

be no assurance that this transaction will be completed.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements (as defined in Section

21E of the Securities Exchange Act of 1934, as amended) which reflect

management's current expectations, estimates and projections about its

operations. All statements, other than statements of historical facts, that

address activities and events that will, should, could or may occur in the

future are forward-looking statements. Words such as "will," "may," "could,"

"should," "would," "expect," "plan," "anticipate," "intend," "forecast,"

"believe," "estimate," "predict," "propose," "potential," "continue," "subject

to" or the negative of these terms and similar expressions are intended to

identify such forward-looking statements and include statements related to the

proposed offering of the Notes, the expected terms and conditions, the intended

use of proceeds and other non-historical matters.

These statements are not guarantees of future performance and are subject to

certain risks, uncertainties and other factors, some of which are beyond our

control and are difficult to predict and which could cause actual outcomes and

results to differ materially from what is expressed or forecasted in such

forward-looking statements. Such risks include the risk that the offering of the

Notes does not proceed on the terms described herein or at all and risks

relating to the actual use of proceeds and other risks described in our most

recent annual report on Form 20-F filed with the SEC.  You should not place

undue reliance on these forward-looking statements, which speak only as of the

date of this press release. Golar LNG Limited undertakes no obligation to update

publicly any forward-looking statements whether as a result of new information,

future events or otherwise, unless required by applicable law.

Hamilton, Bermuda

June 25, 2025Investor Questions: +44 207 063 7900

Karl Fredrik Staubo - CEO

Eduardo Maranhão - CFO

Stuart Buchanan - Head of Investor Relations

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

This announcement is not being made in and copies of it may not be distributed

or sent into any jurisdiction in which the publication, distribution or release

would be unlawful.