ABG Sundal Collier acted as Joint Lead Manager and Joint Bookrunner in the NOK 696m private placement in Hunter Group ASA

Hunter Group ASA (the “Company”) has successfully completed a directed share issue of 190,454,000 new
shares at a subscription price of NOK 3.65 per share yielding approximately NOK 695 million in gross proceeds
to the Company (the “Private Placement”). The Private Placement, which represents approximately 50% of
the current outstanding shares in the Company, was significantly oversubscribed with high participation from
existing shareholders.
The proceeds from the Private Placement will be used to partly fund the Company’s capex commitments in
relation to its 8 VLCC newbuildings currently under construction at DSME.
ABG Sundal Collier acted as Joint Lead Manager and Joint Bookrunner in the Private Placement.
About Hunter Group ASA
Hunter Group is an investment company listed on Oslo Axess. Hunter Group has ordered eight identical
VLCCs at DSME in Korea, all fitted with scrubbers from Wärtsilä, to be delivered in late 2019 and early 2020.
This will allow Hunter’s vessels to run on High sulphur Fuel Oil (HFO), even after the new IMO rules come into
effect on 1 January 2020.