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Regulatory press release

Avance Gas Holding Ltd: Ex Date today - return of capital and distribution of BW LPG shares

Avance Gas
Hamilton, Bermuda. February 18, 2025.

The shares in Avance Gas Holding Ltd (ticker: "AGAS") will be traded ex-
distribution consisting of USD 2.0 per share in return of capital and
distribution of BW LPG shares as of today relating to the fourth quarter of
2024. The return of capital will be paid on February 27, 2025 and the BW LPG
shares will be transferred on February 26, 2025. Shareholders will receive one
BW LPG share for every four Avance Gas shares they hold, with any fractions
rounded down. As a result, fractional shares will not be settled in the form of
BW LPG shares.

For further information, please contact:
Randi Navdal Bekkelund, CFO
Email: ir@avancegas.com
Tel: +47 23 11 40 00

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
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