Hunter Group ASA - Monthly TC-result - February

Oslo, 13 March 2024

Hunter Group ASA achieved the following VLCC time-charter ("TC") results for
February 2024:

+------------------------------+---------------+
| Avg. spot-linked TC-out rate:| $57,012 / day |
+------------------------------+---------------+
| Avg. fixed TC-in rate: | $52,500 / day |
+------------------------------+---------------+
| Avg. TC-margin: | $4,512 / day  |
+------------------------------+---------------+
| Vessel days: |  29 / 29  |
+------------------------------+---------------+
| Net TC-result: |  $130,861  |
+------------------------------+---------------+

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 considered to be inside information pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act.