AMSC ASA - Ex-dividend today

Lysaker, 28 November 2022, Ex-dividend today

Reference is made to the Company's Q3 2022 report, regarding the Board's authorization to pay a quarterly dividend of USD 0.12 per share to the shareholders of AMSC on record as of 29 November 2022.  The shares in AMSC ASA will be traded ex dividend USD 0.12 as from today, 28 November 2022.  The NOK amount per share will be 1.1912 and will be paid on or about 7 December 2022.  The dividend is classified as a return of paid in capital.

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About AMSC ASA:

Established in 2005 and listed on the Euronext Oslo Stock Exchange, AMSC is a ship owning company with nine modern handy size product tankers, one modern 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.