Hunter Group ASA - Earnings Release 2024

Hunter Group ASA - Monthly TC-result - May

Oslo, 10 June 2024

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

2024:

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

|Avg. spot-linked TC-out rate:|$52,470 / day|

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

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

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

|Avg. TC-margin | $720 / day |

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

|Vessel days | 62 / 62 |

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

|Net TC-result: | $44,600 |

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

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.

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