KCC: Share capital decrease completed

24 Jun 2025 10:49 CEST

Oslo, 24 June 2025: Reference is made to the stock exchange announcement made by
Klaveness Combination Carriers ASA (“KCC” or “the Company”) on 23 April 2025
regarding the annual general meeting’s resolution to decrease the share capital
of the Company from NOK 60,458,231, by NOK 950,000, to NOK 59,508,231 by
redemption of 950,000 shares held in treasury by the Company, each with a
nominal value of NOK 1.

The resolution was published by the Norwegian Register of Business Enterprises
on 24 April 2025 and followed by a six-week creditor notice period, which was
completed without creditor objections.

The share capital decrease has today been registered as completed by the
Norwegian Register of Business Enterprises. Following the share capital
decrease, the share capital of the Company is NOK 59,508,231, divided into
59,508,231 shares, each with a nominal value of NOK 1.

Following the cancellation of 950,000 treasury shares, KCC owns 218,078 shares.


Please see the updated "Articles of Association" attached.

For further queries, please contact:

Engebret Dahm, CEO, Telephone: +47 957 46 851
Liv Dyrnes, CFO and Deputy CEO, 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

649931_KCC ARTICLES OF ASSOCIATION.pdf