Hunter Group ASA - Second quarter results 2024

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Oslo, 22 August 2024

Please see the enclosed report for further information.

Financial highlights - Q2 2024:

Net TC result (loss) USD (1.54m)
Unrealized gain on TC position USD 1.52m
Total operating expenses USD (0.54m)
Operating profit (loss) USD (0.56m)
Net profit (loss) USD (0.36m)
Avg. spot-linked TC-out rate USD 43,270/d
Avg. fixed TC-in rate USD 51,750/d
Avg. TC-margin (loss) USD (8,480)/d
Vessel days 182 / 182
Cash and working capital USD 19.16m

Contact:

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

Lars M. Brynildsrud, CFO, lb (a) 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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