Hunter Group ASA - First quarter results 2026

28 May 2026 07:04 CEST

28. May 2026

· Spot rates averaged USD 232,832 per day during Q1 2026.
· Average fixed TC-in rate of USD 51,750 per day
· Average TC margin (loss) of USD 181,082 per day
· 100% utilization, operating all available days

· 62% of Q2 2026 vessel days booked at average USD 466,266 per day
· May has so far averaged USD 462,137per day
· Current spot rates are around average USD 418,676 per day

The Company intends to maximize value by returning excess capital to its
shareholders

The board proposes a dividend of NOK 1.25 per share subject EGM approval.

Financial highlights Q1 2026
Net TC result (loss) USD 32.6 m
Unrealized non-cash TC position result (loss) USD 29.9 m
Total operating expenses USD (0.9) m
Net profit USD 53.0 m

Avg. spot-linked TC-out rate USD 232,832 /d
Avg. fixed TC-in rate USD 51,750/d
Avg. TC-margin (loss) USD 181,082/d
Operational days/Available days: 180 / 180

Cash and working capital USD 39,8 m

Please see the enclosed report for further information.

Contact:

Erik M Mathiesen, CEO,  erik.mathiesen@huntergroup.no, Ph.: +47 468 20 659

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

Vedlegg

More information:
Access the news on Oslo Bors NewsWeb site

674686_HGASA_Q1_2026.pdf