Oslo, 14 May 2024: Klaveness Combination Carriers ASA ("KCC" or the "Company")
has successfully completed a NOK 300 million sustainability-linked tap issue
under the Company's existing senior unsecured bonds with maturity date 5
September 2028 and ISIN NO0013008656. The tap issue was priced at 104.26% of par
value and the total outstanding amount after the tap issue is NOK 800 million.
The transaction was significantly oversubscribed. The additional bonds will be
issued under a temporary ISIN NO0013233759 until a listing prospectus for the
additional bonds has been approved.

Danske Bank, Nordea, Pareto Securities and SEB acted as Joint Lead Managers for
the tap issue.

For further information, please contact: 
Engebret Dahm, CEO +47 95746851 
Liv Dyrnes, CFO +47 97660561

About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating eight CABU
and eight CLEANBU combination carriers with three CABU vessels under
construction for delivery in 2026. KCC's combination carriers are built for
transportation of both wet and dry bulk cargoes, being operated in trades where
the vessels efficiently combine dry and wet cargoes with minimum ballast.
Through their high utilization and efficiency, the vessels emit up to 40% less
CO2 per transported ton compared to standard tanker and dry bulk vessels in
current and targeted combination trading patterns.