Himalaya Shipping

Share Issue/Capital Change • Dec 13, 2023

Himalaya Shipping Ltd. (HSHP) - Share Capital Increase in the Register of Members

Himalaya Shipping Ltd. (HSHP) - Share Capital Increase in the Register of Members

Himalaya Shipping Ltd. (NYSE and OSE: HSHP) refers to the stock exchange

releases on December 12 and 13, 2023 related to the private placement with gross

proceeds of approximately $17.5 million (the "Private Placement").

To arrange for a DVP settlement to the investors who were allocated any of the

3,117,143 offer shares in the Private Placement, estimated on or about  December

15, 2023, of immediately tradeable shares, the Company has today arranged for

the shares to be legally and validly issued and fully paid-up in the Company's

Register of Members, pursuant to a prefunding agreement with the managers in the

Private Placement.

Following the preparatory issue, the Company's issued share capital is increased

by $3,117,143 to $43,900,000, divided into 43,900,000 shares, each with a

nominal value of $1.00 per share.

December 13, 2023

Hamilton, Bermuda

The Board of Directors

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.