Hunter Group ASA – Third quarter results 2024

Oslo, 21 November 2024

Please see the enclosed report for further information.

Financial highlights – Q3 2024:

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|Net TC result (loss) | USD (3.38m) |
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|Unrealized TC position result (loss)| USD (2.11m) |
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|Total operating expenses | USD (0.40m) |
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|Operating profit (loss) | USD (5.90m) |
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|Net profit (loss) | USD (5.82m) |
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| | |
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|Avg. spot-linked TC-out rate | USD 33,360/d |
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|Avg. fixed TC-in rate | USD 51,750/d |
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|Avg. TC-margin (loss) |USD (18,390)/d|
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|Vessel days | 184 / 184 |
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| | |
+————————————+————–+
|Cash and working capital | USD 15.15m |
+————————————+————–+

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.