Höegh Autoliners ASA: Third quarter results and distribution of dividends

Oslo, 30 October 2025: Höegh Autoliners ("Höegh Autoliners" or the "Company",ticker code: HAUTO) continued to report solid financial performance in thethirdquarter of 2025. The gross revenue was USD 370 million/NOK 3,941 million,operating profit (EBITDA) was USD 155 million/NOK 1,650 million, and netprofitafter tax was USD 131 million/NOK 1,395 million.

Highlights of the quarter Volume up ~3% from Q2 with particularly strong demand out of Asia Contract share stable ~80%, up from 73% in 2024 Q2 2025 dividend of USD 137 million paid in September Höegh Beijing sold and delivered to new Owner in September A dividend for Q3 2025 of USD 30 million (USD 0.1573 per share)declared andwill be paid in November

Andreas Enger, CEO of Höegh Autoliners, comments: "Q3 is another strongquarter,however, our operating costs have been adversely impacted by weakening tradebalance, a trend that is likely to persist."

OutlookTariffs may over time result in lower volumes transported. Significant changesto new U.S. port fees were announced 10 October with implementation from 14October. The yearly impact is estimated to ~USD 60-70 million, the Company isworking diligently to mitigate the impact.

Q4 operational performance is projected slightly below the Q3 EBITDA. Inaddition, USTR impact is expected to be ~USD 20 million for the quarter.

Höegh Autoliners has adjusted the calculation method for its dividenddistributions to reflect actual cash generated above a targeted minimum cashbalance at the end of each preceding quarter. The underlying dividend policyremains unchanged, with the intent to distribute all excess cash generation.This adjustment reflects the need to navigate a rapidly changing marketenvironment with reduced visibility and supports strengthened liquiditymanagement. As a result, there will be a one-off periodization of payouts,reducing the distribution for Q3 2025. As of the reporting date, the Companyhasno other intended uses for capital allocation beyond shareholderdistributions.

Please find attached the Q3 2025 report. The results will also be presented byCEO Andreas Enger and CFO Espen Stubberud at 08:30 CET today. The presentationwill be held in English, and a recorded version of the webcast will be madeavailable on our website soon after the webcast ends.

Link to watch the webcast:https://investors.hoeghautoliners.com/investors/reports-and-other-resources/webcasts-and-videos/default.aspx

For further information, please contact:Andreas Enger, CEO andreas.enger@hoegh.com+47 901 31 228

Espen Stubberud, CFO espen.stubberud@hoegh.com+47 400 39 753

My Linh Vu, Head of Finance, Treasury and IRmy.linh.vu@hoegh.comir@hoegh.com+47 486 48 086

Media contact:Camilla Knappskog, Head of Communicationscamilla.knappskog@hoegh.com+47 926 66 156

About Höegh AutolinersHöegh Autoliners is a leading global provider of RoRo (Roll On Roll Off)transportation services delivering cars, high and heavy and breakbulk cargoesacross the world. The Company operates around 40 RoRo vessels in global tradesystems and makes more than 2 000 port calls each year. Our purpose is todevelop innovative solutions for greener and more sustainable deep seatransportation. We are on a path to a zero emissions future and are workingclosely with customers and partners to achieve this. Höegh Autoliners has itshead office in Oslo, Norway and employs around 460 people in its 16 officesworldwide and around 1 200 seafarers.

This statement contains certain forward-looking statements concerning futureevents. Forward-looking statements are statements that are not historicalfactsand may be identified by words such as "anticipate", "believe", "continue","estimate", "expect", "intends", "may", "should", "will" and similarexpressions. The forward-looking statements in this release are based uponvarious assumptions, many of which are based, in turn, upon furtherassumptions.Although the Company believes that these assumptions were reasonable whenmade,these assumptions are inherently subject to significant known and unknownrisks,uncertainties, contingencies, and other important factors which are difficultorimpossible to predict and are beyond its control. Actual events may differsignificantly from any anticipated development due to a number of factors,including without limitation, changes in investment levels and need for theCompany's services, changes in the general economic, political and marketconditions in the markets in which the Company operates, the Company's abilityto attract, retain and motivate qualified personnel, changes in the Company'sability to engage in commercially acceptable acquisitions and strategicinvestments, and changes in laws and regulation and the potential impact oflegal proceedings and actions. Such risks, uncertainties, contingencies andother important factors include, but are not limited to, the possibility thatwewill determine not to, or be unable to, issue any equity securities, and couldcause actual events to differ materially from the expectations expressed orimplied in this release by such forward-looking statements.

This information is subject to the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.

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