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Hunter Group ASA

Earnings Release May 8, 2024

3626_rns_2024-05-08_fa57d01c-b5b9-4fc9-a58a-c691437b744a.html

Earnings Release

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Hunter Group ASA - Monthly TC-result - April

Hunter Group ASA - Monthly TC-result - April

Oslo, 8 May 2024

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

for April 2024:

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

|Avg. spot-linked TC-out rate:|$45,180 / day|

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

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

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

|Avg. TC-margin: |-$6,570/ day |

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

|Vessel days: | 60 / 60 |

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

|Net TC-result: | -$394,170 |

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

Contact:

Erik A.S. Frydendal, CEO, [email protected], Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, [email protected], 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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