Altera Shuttle Tankers L.L.C. – COMPLETION OF THE TRANSACTION

16 Jan 2025 16:46 CET

Reference is made to the stock exchange announcement on 6 November 2024
regarding the change of ownership in Altera Shuttle Tankers L.L.C (“AST”).

Today, AST announces the completion of the transaction whereby Altera
Infrastructure Holdings L.L.C., a wholly owned subsidiary of Altera
Infrastructure L.P., has sold all the membership interests in AST to Maistros
Shiptrade Limited, a company affiliated with the Angelicoussis Group (the
“Transaction”).

AST is the issuer of two senior unsecured bonds listed on the Oslo Stock
Exchange, with ISIN NO0013172734 and ISIN NO0011167785 (collectively the
“Bonds”). Completion of the Transaction has triggered a change of control event
under the Bonds.

The information in this announcement is subject to a duty of disclosure pursuant
to Section 5-12 of the Norwegian Securities Trading Act, and constitutes inside
information for the purposes of the EU Market Abuse Regulation. This
announcement was published by Finn Andre Løken at AST on the date and time
provided.

For further information, please contact:
Ioannis Stavrakis, Group Financial Controller
T: +30 213 007 6804
E: istavrakis@angelicoussisgroup.com

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