HAFNIA LIMITED: Issuance of New Shares and Mandatory Notification of Trade by Close Associate (2024)

HAFNIA LIMITED: Issuance of New Shares and Mandatory Notification of Trade by Close Associate

Reference is made to Hafnia Limited's ("Hafnia", the "Company",OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) stock exchangeannouncement on 28 May 2024 regarding the share lending agreemententered into between the Company and BW Group Limited ("BW Group").In order to settle the borrowed shares under the share lendingagreement Hafnia has today issued 2,311,785 new shares to BW Group.For more information see the attached mandatory notification oftrade.

Following the issuance of the new shares, there are 512,563,532issued shares in the Company, each with a nominal value of USD0.01, all of which have been validly and legally issued and fullypaid.

About Hafnia Limited:

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

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

Hafnia is part of the BW Group, an international shipping groupinvolved in oil and gas transportation, floating gasinfrastructure, environmental technologies, and deep-waterproduction for over 80 years.

NOTIFICATION BY PRIMARY INSIDERS/ CLOSEASSOCIATE

1

Details of the person dischargingmanagerial responsibilities/person closely associated

a)

Name

BW Group Limited

2

Reason for the notification

a)

Position/status

Closely associated person of primaryinsider Andreas Sohmen-Pao (chairman of the board of directors)

b)

Initial notification/Amendment

Initial notification

3

Details of issuer

a)

Name

Hafnia Limited

b)

LEI

5493001KCFT0SCGJ2647

4

Details of the transaction(s): sectionto be repeated for (i) each type of instrument; (ii) each type oftransaction; (iii) each date; and (iv) each place wheretransactions have been conducted

a)

Description of the financial instrument,type of instrument

Identification code

Shares in Hafnia Limited with ISINBMG4233B1090

b)

Nature of the transaction

Redelivery/receipt of lent out shares byway of subscription and receipt of new shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

USD 0.01

2,311,785

d)

Aggregated information
— Aggregated volumeAggregated volume: 2,311,785
— PriceTotal price: USD 23,117.85

e)

Date of the transaction

27 June 2024

f)

Place of the transaction

XOFF – Outside a trading venue

HAFNIA LIMITED: Issuance of New Shares and Mandatory Notification of Trade by Close Associate (1)

View sourceversion on businesswire.com: https://www.businesswire.com/news/home/20240626910185/en/

Mikael Skov
CEO Hafnia Limited
+65 8533 8900

Hafnia (NYSE:HAFN)
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