Höegh LNG: Interim results for the quarter ended 31 March 2023

Hamilton, Bermuda, 24 May 2023 - Höegh LNG Holdings Ltd. ("Höegh LNG") today reports its interim financial results for the quarter ended 31 March 2023. The group reported a total income of USD 137.4 million and an EBITDA of USD 91.9 million for the first quarter of 2023, compared to USD 106.1 million and USD 51.9 million for the preceding quarter. Furthermore, during the quarter the group signed the new loan agreement for refinancing two of its FSRUs and completed the previously announced acquisition of the 2013-built LNG carrier Höegh Gandria (ex. Golar Seal).

“We are proud to deliver the strongest quarterly EBITDA reported by the company.” said Erik Nyheim, the President & CEO 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