Hunter Group ASA – Second quarter results 2024

Oslo, 22 August 2024

Please see the enclosed report for further information.

Financial highlights – Q2 2024:

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|Net TC result (loss) | USD (1.54m) |
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|Unrealized gain on TC position| USD 1.52m |
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|Total operating expenses | USD (0.54m) |
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|Operating profit (loss) | USD (0.56m) |
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|Net profit (loss) | USD (0.36m) |
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| | |
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|Avg. spot-linked TC-out rate |USD 43,270/d |
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|Avg. fixed TC-in rate |USD 51,750/d |
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|Avg. TC-margin (loss) |USD (8,480)/d|
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|Vessel days | 182 / 182 |
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| | |
+——————————+————-+
|Cash and working capital | USD 19.16m |
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Contact:

Erik A.S. Frydendal, CEO, ef (a) huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb (a) huntergroup.no, Ph.: +47 932 60 882

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