Gram Car Carriers ASA

Gram Car Carriers ASA: Minutes from extraordinary general meeting

Please find attached the minutes from the extraordinary general meeting of Gram

Car Carriers ASA ("GCC" or the "Company") held today, 17 January 2022. All

resolutions were approved as proposed, including inter alia a reverse share

split and share capital increases pertaining to (i) the issuance of new shares

in the private placement announced completed on 14 January 2022, (ii) the

conditional issuance of shares to F. Laeisz GmbH by contribution in kind in

connection with the acquisition of two vessels from F. Laeisz' subsidiaries and

(iii) the conditional issuance of shares to inter alia existing shareholders of

Gram Car Carriers Holdings Pte. Ltd. by contribution in kind in connection with

the transfer of the Gram Car Carrier fleet of 16 vessels to GCC from a preceding

structure in Singapore. Furthermore, the general meeting inter alia resolved to

amend the Company's articles of association and elected Nikolaus H. Schües, Dr.

Gaby Bornheim and Clivia Breuel as new members of the Company's board, with

Nicolaus Bunnemann as alternate board member, conditioned upon completion of the

transaction with F. Laeisz.

This information is subject to the disclosure requirements pursuant to the Oslo

Rule Book II.

For further queries, please contact:

CEO Georg A. Whist

CFO Gunnar S. Koløen

About Gram Car Carriers:

GCC is the world's third-largest tonnage provider within the Pure Car Truck

Carriers (PCTCs) segment with 18 vessels (including the two vessels to be

acquired from F. Laeisz), across the Distribution, Mid-size and Panamax

segments. The Company serves as a trusted provider of high-quality vessels and

logistics solutions ensuring safe, efficient and punctual shipment of vehicles

for a network of clients comprising of major global and regional PCTC operators.

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