Hunter Group ASA - Business Update on reduced charter hire from one of the counterparties.

09 Jun 2026 07:11 CEST

Oslo, 9 June 2026

Reference is made to the stock announcements published by Hunter Group ASA (the
"Company") on 15 April 2026 and 18 May 2026 regarding one of the Company's long
-term contractual counterparty's reduced payments of time charter hire in March
and April.

The counterparty continues to dispute its contractual obligation and has paid
approximately USD 10,372,000 less than the amount due for May 2026.

The Company and its legal advisors remain confident that the counterparty has no
merit for the reduced payments. The Company considers the counterparty to be in
continued breach of contract and will continue to take all necessary steps to
protect its contractual rights.

The Company will provide updates to the market when appropriate.

For the month of May, the Company recorded net time charter earnings of
approximately USD 24,773,000, of which approximately USD 10,372,000 remains
outstanding pending resolution of the matter described above, increasing the
total disputed amount to approximately USD 28,210,000, plus accrued interest.

Contact:

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

This stock announcement contains inside information and is published by Erik M.
Mathiesen, CEO of Hunter Group ASA, on the date and time indicated above in
accordance with Article 17 of the EU Market Abuse Regulation and Section 5-12 of
the Norwegian Securities Trading Act.

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