Hunter Group ASA – Fourth quarter results 2024

Oslo, 27 February 2025

Please see the enclosed report for further information.

Financial highlights – Q4 2024:

+————————————+————–+
|Net TC result (loss) | USD (3.62m) |
+————————————+————–+
|Unrealized TC position result (loss)| USD (7.54m) |
+————————————+————–+
|Total operating expenses | USD 0.(36m) |
+————————————+————–+
|Adj. net profit (loss)* | USD (3.87m) |
+————————————+————–+
| | |
+————————————+————–+
|Avg. spot-linked TC-out rate | USD 32,050/d |
+————————————+————–+
|Avg. fixed TC-in rate | USD 51,750/d |
+————————————+————–+
|Avg. TC-margin (loss) |USD (19,700)/d|
+————————————+————–+
|Vessel days | 184 / 184 |
+————————————+————–+
| | |
+————————————+————–+
|Cash and working capital | USD 12.49m |
+————————————+————–+

*Excluding unrealized non-cash TC position result (loss)
 

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.