Cool Company Ltd.: Announcement of Filing of Form 20-F Annual Report

31 Mar 2025 12:20 CEST

London, UK – March 31, 2025

Cool Company Ltd. (“CoolCo” or the “Company”) announces that it has filed its
Form 20-F for the year ended December 31, 2024 with the Securities and Exchange
Commission (SEC) in the U.S.

Form 20-F can be downloaded from the link below, is available on our website
(www.coolcoltd.com) and shareholders may receive a hard copy free of charge upon
request.

ABOUT COOLCO

CoolCo is an LNG Carrier pure play with a fleet of 13 vessels and a
well-balanced portfolio of short- and long-term charters with the world’s
leading oil & gas, trading, and utility companies. In addition to organic growth
from two newbuilds delivered in Q4 2024 and Q1 2025, CoolCo’s strategy includes
ongoing assessment of growth opportunities through vessel acquisitions and
potential consolidation in the fragmented LNG market. Through its in-house LNG
transportation and infrastructure management platform, CoolCo operates its own
vessels and provides management services to third-party owners. The company
benefits from the scale and support of Eastern Pacific Shipping, an affiliate of
its largest shareholder and the owner of one of the world’s largest independent
shipping fleets. This affiliation strengthens CoolCo’s strategic position with
shipyards, financial institutions, and deal flow access. CoolCo is committed to
supporting global decarbonization and energy security. As part of its LNGe
upgrade program, the company aims to reduce emissions by 10-15%, contributing to
a fleet-wide emissions reduction target of 35% from 2019 to 2030.

Additional information about CoolCo can be found at www.coolcoltd.com.

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

For further information, please contact:
c/o Cool Company Ltd - +44 207 659 1111 / ir@coolcoltd.com

Richard Tyrrell - Chief Executive Officer
Johannes Boots - Chief Financial Officer
Source: Cool Company Ltd.

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642636_CoolCo Annual Report 20-F 2024.pdf