Belships ASA: Mandatory notification of trade

Kontrari AS and Kontrazi AS are closely associated with board member Frode Teigen. Kontrari AS has today acquired a total of 200 000 shares in Belships ASA at a price of NOK 13.582 per share. Following this transaction, Kontrari AS and Kontrazi AS holds 102 300 000 and 32 500 000 shares in the company, respectively, corresponding to a total of 134 800 000 shares (53.25%).

Please see the attached document for further details of the transaction.

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