Klaveness Combination Carriers

Report Publication Announcement • Mar 25, 2020

Klaveness Combination Carriers ASA: 2019 Annual Report

Klaveness Combination Carriers ASA: 2019 Annual Report

Oslo, 25 March 2020: Please find attached the 2019 Annual Report and Sustainability Report for Klaveness Combination Carriers ASA (KCC).

The 2019 Annual Report and Sustainability Report will be available on our website www.combinationcarriers.com/investor-relations/.

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 nine CABU and three CLEANBU combination carriers with another five 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.