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Regulatory press release

Belships ASA: Mandatory notification of trade

Belships
Oslo, 9 May 2023

Yngve Aslaksen Gram, CFO in Belships ASA, has today acquired 30 000 shares in
Belships ASA at an average price of NOK 18.348 per share. After the acquisition,
Gram holds 280 000 shares by his own, 50 000 shares through Kryptogram AS and
300 000 options in Belships ASA.

See further details in the attached form.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19.
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