AWILCO LNG ASA – NEW SHARE CAPITAL RELATED TO THE PRIVATE PLACEMENT REGISTERED

13 Apr 2026 11:42 CEST

Oslo, 13 April 2026: Reference is made to the stock exchange announcement made
by Awilco LNG ASA (the "Company") on 6 March 2026 regarding the private
placement of 77,311,998 new shares (the "New Shares") at a subscription price of
NOK 3.25 per share, raising gross proceeds of approximately NOK 251.3 million,
equivalent to approximately USD 26 million (the "Private Placement"). Reference
is further made to the resolution by the extraordinary general meeting of the
Company to increase the share capital by NOK 7,731,199.80 by issuance of the New
Shares in the Private Placement (the "Share Capital Increase").

The Share Capital Increase pertaining to the Private Placement has now been
registered with the Norwegian Register of Business Enterprises:

- Share capital (new): NOK 20,986,060.90

- Total number of shares (new): 209,860,609

- Par value of each share: NOK 0.10

For further information, please contact:
CEO Jon Skule Storheill
Phone: +47 913 44 356

CFO Per Heiberg
Phone: +47 952 20 264

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Euronext Oslo Rule Book II –
Issuer Rules.

About Awilco LNG ASA

Awilco LNG is a Norwegian based LNG transportation provider, owning and
operating LNG vessels intended for international trade. The Company currently
owns two 2013 built 156,000 cbm TFDE membrane LNG vessels, WilForce and
WilPride.

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