Klaveness Combination Carriers

Prospectus • Jul 1, 2024

KCC: Approval of prospectus and listing of additional bonds

KCC: Approval of prospectus and listing of additional bonds

Oslo, 1 July 2024: Reference is made to the announcement made on 14 May 2024 by Klaveness Combination Carriers ASA ("KCC" or the "Company") concerning the NOK 300 million sustainability-linked tap issue of additional bonds under the Company's existing senior unsecured sustainability-linked bonds with maturity on 5 September 2028 and ISIN NO0013008656 (the "Additional Bonds"). The Additional Bonds were issued under the temporary ISIN NO0013233759 (the "Temporary ISIN") and will be converted into the original ISIN NO0013008656 (the "Original ISIN") in relation to the listing of Additional Bonds.

The Financial Supervisory Authority of Norway has today approved a prospectus dated 1 July 2024 (the "Prospectus") covering the listing of the Additional Bonds on Oslo Børs. Listing of the Additional Bonds will take place once the Additional Bonds under the Temporary ISIN have been converted into the Ordinary ISIN. Trading in the Additional Bonds is expected to commence on or about 2 July 2024 under the ticker code "KCC05".

The Prospectus and a summary of the Prospectus can each be obtained electronically on https://www.combinationcarriers.com/investor-relations or by contacting KCC.

For further information, please contact:

Engebret Dahm, CEO +47 95746851

Liv Dyrnes, CFO +47 97660561

About Klaveness Combination Carriers ASA:

KCC is the world leader in combination carriers, owning and operating eight CABU and eight CLEANBU combination carriers with three CABU vessels under construction for delivery in 2026. KCC’s combination carriers are built for transportation of both wet and dry bulk cargoes, being operated in trades where the vessels efficiently combine dry and wet cargoes with minimum ballast. Through their high utilization and efficiency, the vessels emit up to 40% less CO2 per transported ton compared to standard tanker and dry bulk vessels in current and targeted combination trading patterns.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.