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Hunter Group ASA

Earnings Release May 22, 2025

3626_rns_2025-05-22_aa731c1f-6cc9-46c4-b1c7-0433f1c435a5.html

Earnings Release

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Hunter Group ASA - First quarter results 2025

Hunter Group ASA - First quarter results 2025

Oslo, 22 May 2025

Please see the enclosed report for further information.

Financial highlights - Q1 2025:

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

|Net TC result (loss) | USD (1.50m) |

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

|Unrealized TC position result (loss)| USD 0.53m |

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

|Total operating expenses | USD (0.41m) |

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

|Adj. net profit (loss)* | USD (1.84m) |

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

| | |

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

|Avg. spot-linked TC-out rate |USD 43,400/d |

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

|Avg. fixed TC-in rate |USD 51,750/d |

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

|Avg. TC-margin (loss) |USD (8,350)/d|

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

|Vessel days | 180 / 180 |

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

| | |

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

|Cash and working capital | USD 9.54m |

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

*Excluding unrealized non-cash TC position result (loss)

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 subject to disclosure requirements pursuant to section 5-12

of the Norwegian Securities Trading Act.

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