Oslo, 30 March 2026: Reference is made to the stock exchange announcement made
by Awilco LNG ASA (the "Company") on 9 March 2026 regarding the notice of an
extraordinary general meeting (the "EGM") in relation to inter alia the private
placement successfully placed on 6 March 2026 (the "Private Placement") and the
potential subsequent repair offering of new shares in the Company (the
"Subsequent Offering").

The EGM was held today, 30 March 2026 at 16:00 CEST. As follows from the
attached minutes, all matters were resolved as proposed by the board of
directors, including (i) the share capital increase pertaining to the issuance
of 77,311,998 new shares (the "New Shares") at a subscription price of NOK 3.25
per share in the Private Placement, (ii) the board authorisation to increase the
Company's share capital by up to NOK 1,500,000 to carry out the potential
Subsequent Offering, and (iii) the board authorisation to increase the Company's
share capital by up to NOK 419,721.30 to be used as part of incentive programmes
in the Company. 

The minutes from the EGM are attached to this announcement and will be made
available on the Company's website: www.awilcolng.com.

Settlement and delivery of the New Shares will take place following registration
of the share capital increase in the Norwegian Register of Business Enterprises
and is expected to take place on or about 8 April 2026. 

Of the New Shares, 26,509,721 shares will be issued on the Company's ordinary
and listed ISIN and be immediately tradable on Euronext Expand upon delivery,
while 50,802,277 shares will be issued and delivered on a separate and temporary
unlisted ISIN (NO 0013739227) pending the approval and publication of a
prospectus, upon which the remaining 50,802,277 shares will be transferred to
the Company's ordinary and listed ISIN and become tradable on Euronext Expand.

Fearnley Securities AS is acting as advisor and Wikborg Rein Advokatfirma AS is
acting as legal counsel to the Company in the Private Placement.

For further information, please contact:
CEO Jon Skule Storheill 
Phone: +47 913 44 356 

CFO Per Heiberg 
Phone: +47 952 20 264 

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Euronext Oslo Rule Book II -
Issuer Rules.

About Awilco LNG ASA 

Awilco LNG is a Norwegian based LNG transportation provider, owning and
operating LNG vessels intended for international trade. The Company currently
owns two 2013 built 156,000 cbm TFDE membrane LNG vessels, WilForce and
WilPride.