Mandatory notification of trade

22 Nov 2022 12:06 CET

KTHU AS, a company closely associated with Kenneth Thu, has on the 22 November
2022 purchased 4,000 shares in Western Bulk Chartering AS (the "Company") at NOK
35.9278 per share. Kenneth Thu is the sole owner and director of KTHU AS.
Following the transaction, Kenneth Thu's total holding of shares in the Company
is 76,621 shares - 68,000 shares indirectly through KTHU AS and 8,621 shares
directly.

Please refer to the attached notification of trade for further details.

Further information: Hans Aasnas, CEO Western Bulk Chartering AS, tel +47 922
53957.

This information is subject to the disclosure requirements in Regulation EU
596/2014 (Market Abuse Regulation) article 19 number 3 and the Norwegian
Securities Trading Act § 5-12.

More information:
Access the news on Oslo Bors NewsWeb site

576358_KRT-1500 Notification KTHU AS.pdf