Hunter Group ASA – Disclosure of voting rights

Reference is made to the announcement by Hunter Group ASA (the "Company") published earlier today regarding proxies received by Arne Fredly in connection with the extraordinary general meeting to be held on 5 April 2018 at 11:00 CET (the "EGM"). Reference is further made to the announcement on 29 March 2018 regarding the agreement entered into between Apollo Asset Limited and founding shareholders of Dwellop AS relating to the reorganization and change of share ownership in the Company.

Arne Fredly has today received proxies without voting instructions from the abovementioned persons to vote for 20,247,277 shares at the EGM, representing approx. 15.5% of the total number of shares and votes in the Company. In addition, Arne Fredly holds 26,231,602 shares in the Company through Apollo Asset Limited which is controlled by Arne Fredly.

Together with the proxies disclosed to the market earlier today, Arne Fredly accordingly controls or through proxies has discretion to vote for 73,100,807 shares at the EGM, representing approx. 56% of the total number of shares and votes in the Company.

The proxies are only valid for the EGM and will lapse immediately thereafter.

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

www.huntergroup.no

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Hunter Group ASA is a publicly traded investment company listed on the Oslo Axess. Hunter Group currently has 7 high spec VLCC's with scrubbers under construction at DSME in Korea.

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