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

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.