Third quarter results 2025

18 Nov 2025 16:30 CET

18.11.2025 16:30:01 CET | Ocean Yield | Half yearly financial reports and audit
reports / limited reviews

Lysaker, 18th November 2025, Ocean Yield AS ("Ocean Yield" or the "Company")
announces results for the third quarter 2025.



HIGHLIGHTS

* EBITDA for Q3 2025 was USD 65.4 million and Adjusted EBITDA was USD 112.9
million.
* Net profit for Q3 2025 was USD 28.0 million.
* Continued robust balance sheet, with an equity ratio of 30.0% and USD 191.5
million in available liquidity.
* Together with funds controlled by KKR, Ocean Yield acquired CapeOmega Gas
Transportation AS, a company which has investments in ten LNG carriers on
long-term charters, operated by Knutsen LNG.
* Amendment and extension of the existing bareboat charters for two AHTS
vessels.
* Successful placement of a new five-year senior unsecured bond of USD 150
million.
* Repayment of the bond issue OCY08, with a nominal outstanding amount of NOK
750 million.
* Injection of USD 30 million of new equity from KKR.
* The EBITDA charter backlog at the end of Q3 2025 was USD 4.3 billion with an
average remaining contract duration of 9.9 years.



Andreas Røde, CEO of Ocean Yield, said in a comment:

"I am pleased to report another solid quarter for Ocean Yield, with continued
strong financial performance and a robust balance sheet. During the quarter,
together with funds controlled by KKR, we completed the acquisition of CapeOmega
Gas Transportation. We remained active on the financing side and successfully
completed a placement of a new USD 150 million senior unsecured bond, the
repayment of the NOK 750 million OCY08 bond and the injection of USD 30 million
of equity from KKR. With an equity ratio of 30.0%, ample available liquidity and
a substantial charter backlog, Ocean Yield remains well positioned for long-term
growth."

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

CONTACTS

* Andreas Røde, Chief Executive Officer, +47 98 22 85 62
* Eirik Eide, Chief Financial Officer, +47 950 08 921
* Karl Fredrik Schjøtt-Pedersen, Senior Vice President, +47 951 32 335

ABOUT OCEAN YIELD

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

ATTACHMENTS

Q3 2025 Quarterly Report.pdf -
https://kommunikasjon.ntb.no/ir-files/17849193/18724162/6585/Q3%202025%20Quarter
ly%20Report.pdf

More information:
Access the news on Oslo Bors NewsWeb site

659970_Q3 2025 Quarterly Report.pdf