Poste

and the Company expects to take delivery of Höegh Trapper during the second quarter of 2023 HöeghAutolinersalsosuccessfullyraisedUSD130million at favourable terms to finance the purchase option of the twoabovementionedvesselsandHöeghTracer

The Board of Directors has approved a cash dividend of USD 44 million (USD 0.231 per share) for the fourth quarterof2022,representinganincreaseof120%fromQ3 dividend of USD 20 million. The dividend represents 40% of net profit after tax is adjusted for extraordinary items. Detailed information about the dividend payment will followinaseparatestockexchangenotice.

Outlook

Höegh Autoliners expects the general market for transportation of cars and HH/BB to be strong in 2023. Very few newbuilds will be delivered and the general expectation is that deep-sea transport volumes will increase compared to 2022. Höegh Autoliners is well positioned in the segment with a stable fleet and wellbalanced trade systems The contract portfolio is graduallyrenewedathigherratesandtheCompanyalso has available capacity to benefit from the strong spot market. The Company is in a strong financial position following the IPO, the refinancing of the mortgage debt andthestrongcashgenerationthrough2022.Q12023has started well, and we expect to report another strong quarter The general global macro situation is closely monitored and especially a potential recession scenario with continued high interest rates that could negatively imÄpactthedemandfortheCompany’sservices.