Oslo, 17 January 2024: Höegh Autoliners ASA ("Höegh Autoliners" or the
«Company", ticker code "HAUTO") has signed a new contract with a major East
Asian car producer for the transport of cars, mainly electronic vehicles (EVs),
from Asia to Europe. The contract is valid for shipments until the end of 2028. 

Andreas Enger, CEO of Höegh Autoliners, comments: "We are happy to be chosen as
the preferred shipping partner for another world-leading car producer. We take
pride in the trust given to us for bringing their prestigious brands to their
end users in Europe in the upcoming years. The trade from East Asia to Europe is
one of our core trades where we are offering our customers quality transport
with high frequency and competitive transit times. Höegh Autoliners have taken a
leading role in the deep-sea car transportation industry in terms of reducing
our own, and our customers' carbon footprint. From the second half of this year,
we will provide our customers with the opportunity to transport their cargo on
our flagship Aurora-class newbuilds, being the largest and most carbon-efficient
car carriers in the industry. This offering embodies our commitment to
delivering unparalleled service while at the same time being a frontrunner for
sustainable shipping".

This announcement is part of our effort to increase transparency through a
practice of disclosing a monthly trading update and new contracts with mutual
rate and volume commitments exceeding a total value of USD 100 million. 

For further information, please contact:

Andreas Enger, CEO 
andreas.enger@hoegh.com
+47 901 31 228 
 
Per Øivind Rosmo, CFO 
per.oivind.rosmo@hoegh.com 
+ 47 400 39 938

Investor Relations
ir@hoegh.com

Media contact:
Camilla Knappskog, Head of Communications
camilla.knappskog@hoegh.com
+47 926 66 156

About Höegh Autoliners:

Höegh Autoliners is a leading global provider of RoRo (Roll On Roll Off)
transportation services delivering cars, high and heavy and breakbulk cargoes
across the world. The Company operates around 40 RoRo vessels in global trade
systems and makes about 3 000 port calls each year. Our purpose is to develop
innovative solutions for greener and more sustainable deep sea transportation.
We are on a path to a zero emissions future and are working closely with
customers and partners to achieve this. Höegh Autoliners has its head office in
Oslo, Norway and employs around 390 people in its 16 offices worldwide and
around 1 170 seafarers.