Oslo, 24 February 2023: The CEO of Klaveness Combination Carriers ASA ("the
Company"), Engebret Dahm, has on 22 February 2023 exercised all his 38,580
options in the Company against cash settlement by the Company. The share options
were granted to Dahm in December 2019 and were fully vested in December 2022.
The amount payable per share from the Company to Dahm is equal to NOK 81.0
(close on 22 February 2023) less the exercise price of NOK 32.8. The exercise
price of NOK 32.8 is the exercise price at grant date less dividends paid since
grant date.

The Board of Directors of the Company will propose a new share purchase and
option program for the management team to the General Meeting to be held 25
April 2023, and the CEO will as a part of such a new program buy new shares in
the Company.

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