Gram Car Carriers ASA

Transaction in Own Shares • Jun 8, 2023

Transactions made under the repurchase program for Gram Car Carriers ASA

Transactions made under the repurchase program for Gram Car Carriers ASA

Reference is made to the stock exchange announcement from Gram Car Carriers ASA

("GCC" or the "Company") of 8 May 2023 and 16 May 2023, and 30 May 2023

regarding the repurchase program of up to 300,000 own shares. The repurchase

program is based on the authorizations given to the board by the Company's

annual general meeting held on 12 May 2022 and 12 May 2023. The current

repurchase program is valid until 31 August 2023. The following repurchases have

been made between 19 May 2023 and 8 June 2023 in accordance with the "safe

harbor" rules, which includes a limitation of 25% of the average daily volume

traded in the last 20 trading days:

Total previously published repurchases under the program:

Date Volume Average price Total cost (NOK)

31.05.2023          13,236 169.7096             2,246,276

01.06.2323          14,738 169.4922             2,497,976

02.06.2023          12,811 164.9994             2,113,807

05.06.2023          13,049 164.1909             2,142,527

06.06.2023          12,447 163.0799             2,029,856

07.06.2023             9,620 167.1172             1,607,667

08.06.2023             6,996 168.4812             1,178,694

Total previously published repurchases under the program:

Volume Average price Total cost (NOK)

163,162    168.8495           27,549,818

Total repurchases under the program:

Volume Average price Total cost (NOK)

246,059 168.1167     41,366,622

A detailed overview of all completed transactions under the repurchase program

carried out during the above time period (19 May 2023 - 8 June  2023) is

attached hereto. At present date, GCC owns 246,059 treasury shares in the

Company, corresponding to 0.84% of GCC's share capital. For further information,

please contact: CFO: Gunnar S. Koløen Telephone: +65 9176 6661 E

-mail: gunnar.koloen@gramcar.com Head of Projects and IR : Mas Gram Telephone:

+47 954 10 093 E-mail:  mas.gram@gramcar.com This information is published in

accordance with the Market Abuse Regulation (EU) 596/2014 Article 5, as

supplemented by delegated Commission Regulation (EU) 2016/1052, and is subject

to disclosure requirements in accordance with the Securities Trading Act § 5-12.