AMSC ASA - Annual Report for 2022

AMSC ASA today publishes its Annual Report for 2022, which includes the annual accounts, the auditor's report for 2022 and the corporate governance report.

The report is attached and is also available on https://www.amscasa.com/reports-and-presentations/.

AMSC has also published its annual financial statements in European Single Electronic Format (ESEF), available as an attachment to this release.

Company contacts:

Pål Magnussen, Chief Executive Officer

+47 24 13 00 04

Morten Bakke, Chief Financial Officer

+47 24 13 00 87

Leigh Jaros, Controller

+1 484 880 3741

About AMSC ASA:

Established in 2005 and listed on the Euronext Oslo Stock Exchange, AMSC is a ship owning company with nine handy size product tankers, one handy size shuttle tanker and one subsea construction vessel on bareboat charters with various counterparties. AMSC has a significant contract backlog, as well as profit sharing agreements, which offers visibility with respect to future earnings and potential dividend capacity. The Company has an ambition to pay attractive dividends to its shareholders. Further information is available at www.amscasa.com.

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