Oslo, 19 December 2023: Höegh Autoliners ASA ("Höegh Autoliners" or the
"Company", ticker code "HAUTO") has resolved to issue the third annual bonus
awards to the management team as part of a Long-Term Incentive Plan (LTIP)
implemented last year. The purpose of the LTIP is to drive long-term value
creation and increased shareholder value. 

The annual bonus awards granted are subject to a three-year vesting period
followed by a two-year lock up. The size of the bonus depends on the total
shareholder return and is calculated as a synthetic option payoff. Please see
the attached form of notification and public disclosure by primary insiders in
respect of such award.

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 

This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.