19.12.2025 09:00:01 CET | Ocean Yield | Inside information

Ocean Yield AS is pleased to announce that it has agreed to co-invest alongside
Nippon Yusen Kabushiki Kaisha ("NYK Line") in four newbuilding LNG carriers, to
be constructed in Korea for deliveries in 2028 and 2029. Both parties will have
an ownership interest of around 50% in the vessels.

Upon delivery, each vessel will commence long-term time charters to an
investment grade-rated major energy company. The transaction is estimated to add
around USD 600 million to Ocean Yield's EBITDA backlog. The charterer may
exercise extension options to extend the charter duration. The charterer is also
granted options that may increase the size of the investment to eight vessels.

Chief Executive Officer Andreas Røde said in a comment: «We are pleased to
expand the partnership with NYK Line through this landmark transaction. Ocean
Yield has over the last few years strategically entered the LNG segment, a
sector that fits our investment mandate well with its infrastructure-like
characteristics and long-term charters to strong counterparties.»

Closing of the investment is subject to certain customary conditions.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

CONTACTS

 * Andreas Røde, Chief Executive Officer, +47 98 22 85 62 
 * Eirik Eide, Chief Financial Officer, +47 950 08 921 
 * Karl Fredrik Schjøtt-Pedersen, Senior Vice President, +47 951 32 335 

ABOUT OCEAN YIELD

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.