Klaveness Combination Carriers

Report Publication Announcement • Sep 2, 2020

KCC: Fixed income investor calls

KCC: Fixed income investor calls

Oslo, 2 September 2020 - Klaveness Combination Carriers ASA ("KCC" or the “Company”) has mandated Danske Bank, Nordea, Pareto Securities and SEB to arrange a series of fixed income investor calls commencing today. Subject to inter alia market conditions, a tap issue under the Company’s existing senior unsecured bond with maturity date 11 February 2025 and ISIN NO0010874530 may follow. The proceeds from the potential tap issue will be used for general corporate purposes.

For further queries, please contact:

Engebret Dahm, CEO

Telephone +47 22 52 62 62

Liv Dyrnes, CFO

Telephone +47 22 52 61 51

About Klaveness Combination Carriers ASA: KCC is the world leader in combination carriers, owning and operating currently nine CABU and four CLEANBU combination carriers with another four CLEANBU combination carriers on order for scheduled delivery in the period 2020 - 2021. 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.