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Oslo, 29 November 2021: Reference is made to the announcement by Höegh
Autoliners ASA ("Höegh Autoliners" or the "Company", ticker symbol "HAUTO") on
24 November 2021 regarding the successful completion of the bookbuilding and
private placement of new shares in the Company (the "Offering"). 

DNB Markets, a part of DNB Bank ASA (the "Stabilisation Manager") may, on behalf
of the Managers (as defined below), engage in stabilisation activities in the
shares in Höegh Autoliners (the "Shares") from today to and including 28
December 2021 (the "Stabilisation Period"). Any stabilisation activities are
aimed to support the market price of the Shares.

In connection with the Offering, the Managers have over-allotted 7,500,000
Shares in Höegh Autoliners to applicants in the Offering (the "Additional
Shares"), which equals approximately 13% of the number of new Shares issued and
sold in the Offering. In order to permit the delivery in respect of
over-allotments made, the Stabilisation Manager, on behalf of the Managers, has
borrowed, from Leif Höegh & Co Holdings AS a number of Shares in Höegh
Autoliners equal to the number of Additional Shares (the "Lending Option").

Further, the Company has granted to the Stabilisation Manager, acting on behalf
of the Managers, an option (the "Greenshoe Option") to subscribe for and have
issued a number of new Shares in the Company equal to the number of Additional
Shares at a price per share of NOK 21.00, which is equal to the final offer
price in the Offering (the "Offer Price") to cover short positions resulting
from any over-allotments made. The Greenshoe Option must be exercised, in whole
or in part, by the Stabilisation Manager, on behalf of the Managers, within a
30-day period commencing on the first day of trading of the Shares on Euronext
Growth Oslo. To the extent that the Stabilisation Manager has over-allotted
Shares in the Offering, the Stabilisation Manager has created a short position
in the Shares. The Stabilisation Manager may close out this short position by
buying Shares in the open market through stabilisation activities and/or by
exercising the Greenshoe Option.

The Stabilisation Manager may effect transactions with a view to support the
market price of the Shares at a level higher than what might otherwise prevail,
through buying Shares in the open market at prices equal to or lower than (but
not above) the Offer Price, and the price may reach a level that cannot be
maintained on a permanent basis. There is no obligation on the Stabilisation
Manager to conduct stabilisation activities and there is no assurance that
stabilisation activities will be undertaken. Such stabilising activities, if
commenced, may be discontinued at any time, and will be brought to an end at the
latest at the end of the Stabilisation Period. 

Any stabilisation activities will be conducted based on the principles set out
in article 5 (4) of the EU Market Abuse Regulation (Regulation (EU) No 596/2014)
and chapter III of the supplemental rules set out in the Commission Delegated
Regulation (EU) 2016/1052 with regard to regulatory technical standards for the
conditions applicable to buy-back programmes and stabilisation measures.

If stabilisation activities are undertaken, Höegh Autoliners will publish
information on the activities no later than seven trading days following such
transaction(s). Further, within one week after the expiry of the Stabilisation
Period, the Stabilisation Manager will publish information on the Company's
ticker on www.newsweb.no as to whether or not stabilisation activities were
undertaken. If stabilisation activities were undertaken, the statement will also
include information about: (i) the total amount of Shares sold and purchased