Hunter Group ASA - Monthly TC-result - April

Oslo, 8 May 2024

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

+-----------------------------+-------------+
|Avg. spot-linked TC-out rate:|$45,180 / day|
+-----------------------------+-------------+
|Avg. fixed TC-in rate: |$51,750 / day|
+-----------------------------+-------------+
|Avg. TC-margin: |-$6,570/ day |
+-----------------------------+-------------+
|Vessel days: | 60 / 60 |
+-----------------------------+-------------+
|Net TC-result: | -$394,170 |
+-----------------------------+-------------+

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.