Oslo, 5 November 2023: The CFO of Klaveness Combination Carriers ASA (the
"Company"), Liv Hege Dyrnes, has on 4 November 2023 exercised a total of 26,700
options in the Company against cash settlement by the Company. The share options
were granted to Dyrnes in December 2019 and were fully vested in December 2022.
The amount payable per share from the Company to Dyrnes is equal to NOK 78.00
(close on Friday 3 November 2023) less the exercise price of NOK 23.1166. The
exercise price of NOK 23.1166 is the exercise price at grant date less dividends
paid since grant date.

Please see the attached form for notification and public disclosure of
transaction attached for details.

For further queries, please contact:
Engebret Dahm, CEO
Telephone: +47 957 46 851

Liv Dyrnes, CFO
Telephone: +47 976 60 561