Hamilton, Bermuda May 31, 2024 Following the resolution passed at the Annual General Meeting onApril 29th, 2024 , regarding the reduction in par value of the shares, the registration process for this reduction has been completed. The par value of the shares has been reduced fromUS$1.00 toUS$0.01 as of today. For further information, please contact: Randi Navdal Bekkelund - Chief Financial Officer Tel: +47 23 11 40 00 Email: ir@avancegas.com ABOUTAVANCE GAS Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world's leading owners and operators of very large gas carriers (VLGCs) and owns sixteen LPG ships consisting of twelve modern VLGCs including four dual fuel LPG VLGCs and four dual fuel MGCs for delivery in 2025 and 2026. For more information aboutAvance Gas , please visit www.avancegas.com. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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