Hunter Group ASA - Second quarter results 2025

Oslo, 28 August 2025

Please see the enclosed report for further information.

Financial highlights - Q2 2025:

+--------------------------------------+-------------+
|Net TC result (loss) | USD (1.1m) |
+--------------------------------------+-------------+
|Unrealized non-cash TC position result| USD 5.0m |
+--------------------------------------+-------------+
|Total operating expenses | USD (0.4m) |
+--------------------------------------+-------------+
|Adj. net profit (loss)* | USD (1.4m) |
+--------------------------------------+-------------+
| | |
+--------------------------------------+-------------+
|Avg. spot-linked TC-out rate |USD 45,935/d |
+--------------------------------------+-------------+
|Avg. fixed TC-in rate |USD 51,750/d |
+--------------------------------------+-------------+
|Avg. TC-margin (loss) |USD (5,815)/d|
+--------------------------------------+-------------+
|Vessel days | 182 / 182 |
+--------------------------------------+-------------+
| | |
+--------------------------------------+-------------+
|Cash and working capital | USD 8.1m |
+--------------------------------------+-------------+

*Excluding unrealized non-cash TC position result (loss)

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.