Höegh LNG: Changes to the board of directors

Hamilton, Bermuda, 12 June 2023 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces that in a shareholder meeting held on 9 June 2023, Eric den Besten and Carlo Ravizza were appointed as new directors of the board. The two new directors are replacing Leif O. Høegh and Martine Vice Holter. Leif O. Høegh will continue as alternate director to the board.

Eric den Besten is the incoming CEO of Hoegh Capital Partners (“HCP”).  He was previously Chief Investment Officer of SHL Capital, a single family office with controlling interests in Aston Martin Lagonda and the Aston Martin F1 team. Prior to SHL, Eric was a Managing Director of Cambridge Associates and an Associate Portfolio Manager at Merrill Lynch Investment Managers. He has a BA from Yale University and an MBA from Dartmouth College (Tuck).

Carlo Ravizza is an Investment Director at HCP and Board Member on various HCP’s portfolio companies with over 15 years experience in the principal investments and real assets space. Prior to HCP, Carlo advised large corporates on strategy, corporate finance, M&A and restructuring projects while at McKinsey, Bain, JPMorgan, AlixPartners and Alvarez&Marsal. Carlo holds a summa cum laude degree in finance and accounting from University of Torino and an MBA from London Business School.

“We welcome our two new directors and thank Martine Vice Holter for her service to the company” said Morten W. Høegh, Chairman of Höegh LNG.

Contacts:

Erik Nyheim, President & CEO, Telephone +47 926 59 949

Håvard Furu, Chief Financial Officer, Telephone +47 991 23 443

About Höegh LNG:

Höegh LNG is a leading innovator, owner and operator of floating LNG import terminals (FSRUs) and LNG carriers. For more information, please see: www.hoeghlng.com