HÖEGH LNG: Appointment of new President & CEO

Hamilton, Bermuda, 4 May 2022 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces the appointment of Mr. Erik Nyheim as new President & CEO effective from mid-August this year.

Mr. Nyheim comes from the position as Partner of Boston Consulting Group’s Norwegian office where he has successfully led their maritime practice since 2019. Prior to this, he worked for more than 15 years with the Wilhelmsen group. Mr. Nyheim holds a BSc Economics and Business Administration from the Norwegian School of Business and Administration (NHH) in Bergen.

Chairman of the Board, Mr. Morten W. Høegh comments: “We are very pleased to welcome Erik to lead the company at a very exciting time. He will bring important and relevant experience for the role as President & CEO, enabling us to successfully realise our vision of enabling the transition to clean energy.”

Mr. Erik Nyheim adds: “It is a great honour to be appointed as the next President & CEO of Höegh LNG. I am impressed by how the company has developed to become the world’s leading owner and operator of FSRUs and look forward to leading the next phase of the company’s development in a period when security of supply and energy transition are high on the agenda. I am excited about getting to know the business and all its people when I join later in the summer.”

Contacts:

Thor Jørgen Guttormsen, President & CEO, Telephone +47 400 39 888

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

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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 "Enabling the transition to Clean Energy". The company is owned by Larus Holding Limited, a 50/50 joint venture between Leif Höegh & Co. Ltd.  and Funds managed by Morgan Stanley Infrastructure Partners, 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, China, Indonesia, Lithuania, Egypt, Colombia and the Philippines. The group employs approximately 180 office staff and 680 seafarers. Please see: www.hoeghlng.com