Stolt-nielsen - M&A Activity 2026

Stolt-Nielsen Limited in discussions to sell up to 50% in Avenir LNG Limited

London, January 26, 2026 - Stolt-Nielsen Limited (Oslo Børs: SNI), through its

subsidiary Stolt-Nielsen Gas Ltd., today confirms it is in discussions with a

strategic buyer, regarding the potential sale of up to 50% of its interest in

Avenir LNG Limited (Avenir LNG).

Avenir LNG is an industry leader in small-scale liquefied natural gas (LNG)

supply and is focused on supporting the marine energy transition through one of

the largest fleets of small-scale LNG vessels. Avenir LNG owns and operates a

fleet of five modern small-scale LNG bunkering vessels, with two newbuildings

under construction.

The potential sale agreement is subject to final documentation and customary

approvals, which are expected in the first quarter of 2026. Should a formal

agreement be reached, Stolt-Nielsen intends to jointly own and operate Avenir

LNG as a joint venture.

For additional information please contact:

Jens F. Grüner-Hegge

Chief Financial Officer

UK +44 (0) 20 7611 8985

Alex Ng

Vice President Strategy & Business Development

UK +44 (0) 20 7611 8913

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).

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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