In February 2025, Höegh Autoliners (the Company, ticker code "HAUTO")
transported 1.1 million cbm of cargo on prorated basis. Transported cargo in the
last three months (December - February) was 3.4 million cbm.  

Average prorated gross freight rate in February 2025 was USD 94.1 per cbm (-6.2%
compared to average gross rate in Q4 2024). Average prorated gross freight rate
in the last three months was USD 96.8 per cbm.  

Average prorated net freight rate in February 2025 was USD 80.6 per cbm (-7.0%
compared to average net rate in Q4 2024). Average prorated net freight rate last
three months was USD 82.4 per cbm.  

HH/BB share of prorated volumes carried in February was 18%. Last three months
the prorated HH/BB share was 22%.  

Andreas Enger, CEO Höegh Autoliners, comments: "the February volume is somewhat
influenced by seasonal slowdown. We expect volume to increase going forward with
four newbuilds in operation and opportunistic use of short-term capacity from
the market. As a consequence of new car contracts starting 2025, the net rate is
reduced due to changes in cargo mix with higher share of car volume. Our
contract share is up 7% from Q4 to 82% which is in line with our plan and is
short-term reducing available capacity for higher paying non-contract cargo".   

For further information, please contact: 

Andreas Enger, CEO   
andreas.enger@hoegh.com 
+47 901 31 228 

Espen Stubberud, CFO 
espen.stubberud@hoegh.com 
+47 400 39 753  

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 more than 2 000 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 460 people in its 16 offices
worldwide and around 1 200 seafarers.