Hunter Group ASA - Second quarter results 2026

27. August 2026

  · Spot rates averaged USD 452,922 per day during Q2 2026.
  · Average fixed TC-in rate of USD 51,750 per day
  · Average TC margin (loss) of USD 401,172 per day
  · 100% utilization, operating all available days

  · 61% of Q3 2026 vessel days booked at average approx. USD 460,000 per day
  · August has so far averaged approx. USD 547,000 per day
  · Hunter's current average spot rate is approx. USD 666,000 per day

The Company intends to maximize shareholder value by distributions to
shareholders and other capital allocation opportunities to generate attractive
returns.

The board proposes a dividend of NOK 1.50 per share subject EGM approval.

Financial highlights                              Q2 2026
Net TC result (loss)                             USD 73.0 m
Unrealized non-cash TC position result (loss)   USD (11.4) m
Total operating expenses                        USD (1.7) m
Net profit                                       USD 47.0 m

Avg. spot-linked TC-out rate                   USD 452,922 /d
Avg. fixed TC-in rate                           USD 51,750/d
Avg. TC-margin (loss)                          USD 401,172/d
Operational days/Available days:                 182 / 182

Cash and working capital                         USD 70.3 m

Please see the enclosed report for further information.

Contact:

Erik M Mathiesen, CEO,  erik.mathiesen@huntergroup.no, Ph.: +47 468 20 659

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

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