Hunter Group ASA

Earnings Release • Nov 8, 2024

Hunter Group ASA - Monthly TC-result - October

Hunter Group ASA - Monthly TC-result - October

Oslo, 8 November 2024

Hunter Group ASA achieved the following VLCC time-charter ("TC") results

for October 2024:

+-----------------------------+--------------+

|Avg. spot-linked TC-out rate:|$39,795 / day |

+-----------------------------+--------------+

|Avg. fixed TC-in rate: |$51,750 / day |

+-----------------------------+--------------+

|Avg. TC-margin: |-$11,955 / day|

+-----------------------------+--------------+

|Vessel days: | 62 / 62  |

+-----------------------------+--------------+

|Net TC-result: | -$741,210 |

+-----------------------------+--------------+

Contact:

Erik A.S. Frydendal, CEO, ef(a)huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb(a)huntergroup.no, Ph.: +47 932 60 882

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and subject to the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.