Golar LNG announces successful completion of $1.2BN FLNG Gimi bank facility

25 Nov 2025 14:08 CET

Golar LNG Limited ("Golar") is pleased to announce that it has successfully
closed and drawn a new $1.2 billion asset backed debt facility agreement with a
consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and
Standard Chartered Bank for the refinancing of FLNG Gimi. The new $1.2bn bank
facility replaces an existing bank facility with an outstanding amount of $627
million as at Q3 2025.

The new debt facility has a 7-year tenor, 16-year amortization profile and will
incur interest at SOFR plus a margin of 2.50% p.a. Golar's 70% share of the net
liquidity released from the bank refinancing amounts to approximately $400
million after repayment of the existing Gimi debt facility and unwinding of the
existing interest-rate swap.

Golar's CEO, Karl Fredrik Staubo commented: "We are pleased to see strong
interest from leading international banks to provide attractive financing for
the FLNG Gimi. The new facility has improved terms compared to Gimi's initial
financing facility, which was put in place upon ordering of the FLNG Gimi. The
new facility proves the bankability of Golar's FLNG assets once operational on
their long-term FLNG contracts at ~5.5x debt to EBITDA ratio."

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements (as defined in Section
21E of the Securities Exchange Act of 1934, as amended) which reflect
management's current expectations, estimates and projections about its
operations. All statements, other than statements of historical facts, that
address activities and events that will, should, could or may occur in the
future are forward-looking statements. Words such as "may," "could," "should,"
"would," "expect," "plan," "anticipate," "intend," "forecast," "believe,"
"estimate," "predict," "propose," "potential," "continue," "subject to" or the
negative of these terms and similar expressions are intended to identify such
forward-looking statements.

These statements are not guarantees of future performance and are subject to
certain risks, uncertainties and other factors, some of which are beyond our
control and are difficult to predict. Therefore, actual outcomes and results may
differ materially from what is expressed or forecasted in such forward-looking
statements. You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. Golar LNG
Limited undertakes no obligation to update publicly any forward-looking
statements whether as a result of new information, future events or otherwise,
unless required by applicable law.

Hamilton, Bermuda
November 25, 2025

Investor Questions: +44 207 063 7900
Karl Fredrik Staubo - CEO
Eduardo Maranhão - CFO

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

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