Hunter Group ASA - Third quarter results 2024

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Oslo, 21 November 2024

Please see the enclosed report for further information.

Financial highlights - Q3 2024:

Net TC result (loss) USD (3.38m)
Unrealized TC position result (loss) USD (2.11m)
Total operating expenses USD (0.40m)
Operating profit (loss) USD (5.90m)
Net profit (loss) USD (5.82m)
Avg. spot-linked TC-out rate USD 33,360/d
Avg. fixed TC-in rate USD 51,750/d
Avg. TC-margin (loss) USD (18,390)/d
Vessel days 184 / 184
Cash and working capital USD 15.15m

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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