Havila Shipping ASA

Capital/Financing Update • Aug 30, 2024

Havila Shipping ASA: Decisions from written resolution in the bond loans Havi04 and Havi07

Havila Shipping ASA: Decisions from written resolution in the bond loans Havi04 and Havi07

Reference is made to the Stock Exchange Release 29.08.24.

Nordic Trustee has informed the company about the voting held.

A majority of the bondholders in each of the bond loans Havi04 and Havi07 has

woted in favour of alternative

a. upwards adjustment of interest bearing debt by transfer from non-interest-

bearing debt according to the restructuring agreement.

The decision means that the  adjusted interest bearing debt will be settled

31.12.24 and remaining non-interest-bearing debt will be converted to shares

within January 2025.

Contacts:

Chief Financial Officer Arne Johan Dale, +47 909 87 706

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act