Stolt-nielsen

Completion of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited

London, April 16, 2025 - Reference is made to the stock exchange announcement of

March 5, 2025, stating that Stolt-Nielsen Limited (Oslo Børs: SNI), through its

subsidiary Stolt-Nielsen Gas Ltd. had resolved to proceed with a compulsory

acquisition of the shares of Avenir LNG Limited ('Avenir LNG') not already owned

by Stolt-Nielsen Gas Ltd.

Stolt-Nielsen Limited is pleased to announce that the compulsory acquisition

process has been successfully completed, and Avenir LNG is now fully owned by

Stolt-Nielsen Gas Ltd.

A request to have Avenir LNG delisted from Euronext N-OTC will be submitted, and

it is expected that such delisting will occur shortly.

Advisors

DNB Markets, a part of DNB Bank ASA, acted as financial advisor to Stolt-Nielsen

Limited, and Advokatfirmaet Thommessen AS acted as legal advisor to Stolt-

Nielsen Limited, in connection with the compulsory acquisition process.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

For additional information please contact:

Jens F. Grüner-Hegge

Chief Financial Officer

UK +44 (0) 20 7611 8985

Ellie Davison

Head of Corporate Communications

UK +44 (0) 20 7611 8926

About Stolt-Nielsen Limited

Stolt-Nielsen (SNL or the 'Company') is a long-term investor and manager of

businesses focused on opportunities in logistics, distribution and aquaculture.

The Stolt-Nielsen portfolio consists of its three global bulk-liquid and

chemicals logistics businesses - Stolt Tankers, Stolthaven Terminals and Stolt

Tank Containers - Stolt Sea Farm and various investments. Stolt-Nielsen Limited

is listed on the Oslo Stock Exchange (Oslo Børs: SNI).

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