Stainless Tankers - Updated key information relating to the cash dividend

Stainless Tankers - Updated key information relating to the cash dividend

25 August 2023

This notice updates the key information relating to the proposed cash dividend published by Stainless Tankers ASA (the "Company") on 9 August 2023. The Company's general meeting has resolved to pay a cash dividend, the key information regarding this dividend is as follows:

Dividend amount: USD 0.125 per share

Dividend distribution: in NOK at 1.329125 per share

Last day including right: 24 August 2023

Ex-date: 25 August 2023

Record date: 28 August 2023

Payment date: on or about 31 August 2023

Date of approval: 24 August 2023

Other information: The distribution will constitute a repayment of the Company's paid-in capital.

For more information, please contact:

Alex Karakassis, CEO
E-mail: alex.karakassis@tufton.com

Erol Sarikaya, CFO
E-mail: erol.sarikaya@tufton.com