Gram Car Carriers ASA

Gram Car Carriers: New share capital registered

Reference is made to the stock exchange notice by Gram Car Carriers ASA ("GCC"

or the "Company") on 25 January 2022 regarding the successful completion of the

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

preceding structure in Singapore (the "Transfers") and the acquisition of two

additional vessels from subsidiaries of F. Laeisz GmbH ("F. Laeisz").

The share capital increases pertaining to completion of the Transfers and the

transaction with F. Laeisz, involving the issuance of a total of 17,570,227 new

shares as resolved by the Company's extraordinary general meeting on 17 January

2022, have now been registered with the Norwegian Register of Business

Enterprises:

Share capital: NOK 83,715,959.14 (rounded)

Total number of shares: 28,721,804

Par value of each share: NOK 2.91472 (rounded)

This information is subject to disclosure requirements pursuant to the Euronext

Growth Rule Book part II.

For further information, 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, 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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