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Hunter Group ASA - Hunter Disen Delivered

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Oslo, 5 June 2020

Hunter Tankers AS (the "Company"), a wholly owned subsidiary of Hunter Group ASA, is pleased to announce that the delivery process of "Hunter Disen" (NB No. 5466) was successfully completed today at 0200 CET. Hunter Disen is the fifth of seven identical ECO design VLCC newbuildings from Daewoo Shipbuilding & Marine Engineering ("DSME") in South Korea. The remaining two vessels are scheduled to be delivered in July and August 2020. Hunter Disen commenced it’s six-month time charter (“TC”) immediately following delivery from the yard.

Contact:

Erik A.S. Frydendal, CEO, ef@huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb@huntergroup.no, Ph.: +47 932 60 882

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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