KCC: Transactions made under share buyback program

20 Dec 2024 17:39 CET

Oslo, 20 December 2024: Reference is made to the stock exchange announcement
made by Klaveness Combination Carriers ASA ("KCC" or the "Company") on 13
December 2024 of the launch of KCC’s program to repurchase up to 1,200,000 of
the Company’s shares in open market transactions for a total amount of up to USD
9,100,000 during the period from 13 December 2024, until no later than 31 March
2025, pursuant to an agreement with DNB Markets. For the period from and
including 13 December 2024, through 20 December 2024, the Company purchased a
total of 167,534 shares at an average price of NOK 70.86 per share, all
purchased as ordinary market purchases on Euronext Oslo Børs. Please find below
the transaction overview:

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Date / Aggregated daily volume (#shares) / Weighted average share price per day
(NOK) / Total daily transaction value (NOK)

13.12.2024 / 27,345 / 71.19 / 1,946,644
16.12.2024 / 27,210 / 71.05 / 1,933,137
17.12.2024 / 28,435 / 70.09 / 1,993,112
18.12.2424 / 28,396 / 71.00 / 2,016,000
19.12.2024 / 28,339 / 70.78 / 2,005,846
20.12.2024 / 27,809 / 71.07 / 1,976,361

Total for the period (#shares / Weighted average share price (NOK) / Total
transaction value (NOK))
167,534 / 70.86 / 11,871,099

No previously disclosed buybacks under the program

Accumulated under the buyback program (#shares / Weighted average share price
(NOK) / Total transaction value (NOK))
167,534 / 70.86 / 11,871,099

The total transaction value equals approximately USD 1.1 million based on daily
USDNOK from Norges Bank.
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The issuer’s holding of own shares:
Following the completion of the above transactions, KCC owns a total of 173,817
of own shares (including 6,283 shares owned prior to the launch of the buyback
program), corresponding to 0.29% of KCC’s share capital.

Appendix:
An overview of all transactions made under the buyback program that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.

For further queries, please contact:
Engebret Dahm, CEO, Telephone +47 957 46 851
Liv Dyrnes, CFO, Telephone +47 976 60 561
About Klaveness Combination Carriers ASA:

KCC is the world leader in combination carriers, owning and operating eight CABU
and eight CLEANBU combination carriers with three CABU vessels under
construction for delivery in 2026. KCC’s combination carriers are built for
transportation of both wet and dry bulk cargoes, being operated in trades where
the vessels efficiently combine dry and wet cargoes with minimum ballast.
Through their high utilization and efficiency, the vessels emit up to 40% less
CO2 per transported ton compared to standard tanker and dry bulk vessels in
current and targeted combination trading patterns.

More information:
Access the news on Oslo Bors NewsWeb site

635496_KCC share buyback transaction details 13-20 December 2024.pdf