Höegh LNG : Changes to management

Hamilton, Bermuda 14 September 2018 – Höegh LNG Holdings Ltd. (the “company”) refers to the press release issued by Höegh LNG Partners LP (“HMLP”) regarding changes to its CEO/CFO position and the composition of its board of directors dated 14 September 2018 and announces the following changes to the group executive team of Höegh LNG AS, the management services company that provides services to Höegh LNG Holdings Ltd. and its subsidiaries (“Höegh LNG”):

• Steffen Føreid, the current Chief Financial Officer of Höegh LNG will take on the role as Chief Executive Officer and Chief Financial Officer of HMLP. The search to employ the new Chief Financial Officer of Höegh LNG is in process and Steffen Føreid will retain the formal role until his replacement is in place
• Richard Tyrrell, the current Chief Executive Officer and Chief Financial Officer of HMLP will take on the role as Chief Development Officer of Höegh LNG
• Ragnar Wisløff, the current Chief Development Officer of Höegh LNG will take on the role as Head of Change and Transformation in Höegh LNG
• Camilla Nyhus-Møller has been promoted from SVP Legal & Compliance to Chief Legal & Compliance Officer

Following the above changes, the group executive team will comprise of the following members as of 14 September 2018:

• Sveinung J. S. Støhle, President & CEO
• Steffen Føreid, Chief Financial Officer (interim)
• Richard Tyrrell, Chief Development Officer
• Øivin Iversen, Chief Technical Officer
• Vegard Hellekleiv, Chief Operations Officer
• Tom Solberg, Chief of Staff
• Camilla Nyhus-Møller, Chief Legal & Compliance Officer
• Ragnar Wisløff, Head of Change and Transformation

Sveinung J. S. Støhle, President & CEO, said in a comment: “I am pleased to announce the new composition of the group executive team of Höegh LNG which is part of the group’s long-term development strategy. I would like to thank Steffen Føreid and Ragnar Wisløff for their service in previous roles, welcome them to their new roles, welcome Camilla Nyhus-Møller on her elevation to the group executive team and further welcome Richard Tyrrell from Höegh LNG Partners. Höegh LNG is the leading provider of floating LNG services and the new team further strengthens the group and positions it for the exciting opportunities on offer in the LNG market.”

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About Höegh LNG:

Höegh LNG operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG carriers (LNGCs). Höegh LNG's vision is to be the industry leader of floating LNG solutions. Its strategy is to develop the business through an extended service offering, with large-scale FSRUs as the main product, and focus on establishing long-term contracts with attractive risk-adjusted returns involving credible counterparts. The company is publicly listed on the Oslo stock exchange under the ticker HLNG, and owns approximately 46% of Höegh LNG Partners LP (NYSE:HMLP). Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, South Korea, Indonesia, Lithuania, Egypt, Colombia and Turkey. The company employs approximately 125 office staff and 525 seafarers.

Contacts:

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone +47 975 57 406
Erik Folkeson, VP IR and Strategy, Telephone +47 414 21 769

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs.