Himalaya Shipping Ltd. (HSHP) – Mandatory Notification of Trades

Hamilton, Bermuda, December 13, 2023

Reference is made to Himalaya Shipping Ltd.'s ("Himalaya Shipping") stock exchange announcement on December 13, 2023, relating to the equity offering of a total of 3,117,143 new common shares (the "Offer Shares"), each at a subscription price of NOK 62 per Offer Share (the "Subscription Price"). The following persons discharging managerial responsibilities ("PDMRs") in Himalaya Shipping have subscribed for and been allocated the following Offer Shares at the Subscription Price:

• Bjørn Isaksen, Chairperson of Himalaya Shipping: 50,000 Offer Shares. After delivery, Mr. Isaksen and Freng Invest AS, a company controlled by Bjørn Isaksen, will own 400,000 shares and 150,000 share options in Himalaya Shipping.

• Capreca AS, close associate of Carl E. Steen, Director of Himalaya Shipping: 32 258 Offer Shares. After delivery, Mr. Steen and his close associates will own 127,496 shares and 75,000 share options in Himalaya Shipping.

• Herman Billung, Contracted Chief Executive Officer of Himalaya Shipping: 4,000 Offer Shares. After delivery, Mr. Billung will own 41,241 shares and 100,000 share options in Himalaya Shipping.

This information is subject to the disclosure requirements in Article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

For further queries, please contact:

Herman Billung, Contracted CEO

Telephone +47918 31590