HAFNIA LIMITED: Transactions Made Under Share Buyback Program

SINGAPORE--(BUSINESS WIRE)-- Reference is made to the stock exchange announcement made by Hafnia Limited ("Hafnia" or the "Company", OSE ticker code: "HAFNI", NYSE ticker code: "HAFN") on December 2, 2024, of the launch of Hafnia’s program to repurchase up to 18,000,000 of the Company’s shares in open market transactions for a total amount of up to USD 100,000,000 during the period from December 2, 2024, until no later than January 27, 2025, pursuant to an agreement with Pareto Securities AS and its subsidiary, Pareto Securities Inc. (together, "Pareto").

For the period from and including January 13, 2025, through January 17, 2025, the Company did not purchase any shares.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and article 5 of the European Market Abuse Regulation.

About Hafnia Limited:

Hafnia is one of the world's leading tanker owners, transporting oil, oil products and chemicals for major national and international oil companies, chemical companies, as well as trading and utility companies.

As owners and operators of around 200 vessels, we offer a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk. Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

Hafnia is part of the BW Group, an international shipping group involved in oil and gas transportation, floating gas infrastructure, environmental technologies, and deep-water production for over 80 years.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250119722909/en/

For further information, please contact:



Mikael Skov

CEO Hafnia Limited

+65 8533 8900

Source: Hafnia Limited

FAQ

What is the total value and duration of Hafnia's (HAFN) share buyback program?

Hafnia's share buyback program allows for repurchases up to USD 100 million, running from December 2, 2024, until January 27, 2025.

How many shares can Hafnia (HAFN) repurchase under the current buyback program?

Hafnia can repurchase up to 18 million shares under the current buyback program.

Did Hafnia (HAFN) purchase any shares between January 13-17, 2025?

No, Hafnia did not purchase any shares during the period from January 13 through January 17, 2025.

Which financial institutions are executing Hafnia's (HAFN) share buyback program?

Pareto Securities AS and its subsidiary, Pareto Securities Inc., are executing Hafnia's share buyback program.

How many vessels does Hafnia (HAFN) currently operate in its fleet?

Hafnia operates approximately 200 vessels in its fleet.