News Tag: Listing Regulation

Himalaya Shipping Ltd. (the “Company”) advises that the 2026 Annual General Meeting of the Company was held on May 20, 2026 at 8:00 a.m. Bermuda local time at the Company’s registered offices at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2025 were presented to the Meeting.

The following resolutions were passed:

1. To set the maximum number of Directors to be not more than seven.
2. To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorized to fill such vacancies as and when it deems fit.
3. To re-elect Mr Bjørn Isaksen as a Director of the Company.
4. To re-elect Mr Carl E. Steen as a Director of the Company.
5. To re-elect Ms Jehan Mawjee as a Director of the Company.
6. To re-elect Ms Mi Hong Yoon as a Director of the Company.
7. To re-elect Ms Alexandra Kate Blankenship as a Director of the Company.
8. To re-appoint PricewaterhouseCoopers AS as auditors and to authorize the Directors to determine their remuneration.
9. To approve directors fees payable to the Company’s Board of Directors of a total amount of fees not to exceed US$400,000 for the year ending December 31, 2026.

Hamilton, Bermuda
May 21, 2026
Board of Directors

Hamilton, Bermuda, May 7, 2026

Commercial update:

In April 2026, Himalaya Shipping Ltd. (“Himalaya,” or the “Company”) achieved average time charter equivalent (“TCE”) earnings of approximately US$41,600 per day, gross^[1], including average daily scrubber benefits of approximately US$1,000 per day. The Company’s eleven vessels trading on index-linked time charters earned approximately US$42,700 per day, gross, including average daily scrubber benefits. The Company’s one vessel trading on fixed time charters earned approximately US$30,100 per day, gross. The reported earnings for two of our vessels for a specific month is, due to terms under their existing index-linked time charter contracts, primarily based on Capesize index rates for the previous month plus a premium. This means that the reported earnings for April for these two vessels is primarily based on the Capesize index rates for March plus a premium.

The Baltic 5TC 180 Capesize Index averaged US$31,417 during April 2026.

Cash distribution:

The Board has approved a cash distribution of US$0.15 per share for April 2026. The distribution will be made from the Company’s Contributed Surplus account.

Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository:

Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below.

Key information:

Distribution amount: US$0.15 per share

Declared currency: US$. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on May 26, 2026.

Date of approval: May 6, 2026

Record date: May 19, 2026

Payment date: On or about May 26, 2026.

The following dates apply to shares traded on Euronext:

Last day including right: May 15, 2026

Ex-date: May 18, 2026

Due to the implementation of CSDR in Norway, distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about May 29, 2026.

Due to the shortening of the Settlement Cycle in the US markets, the following dates apply to shares traded in the New York Stock Exchange:

Last day including right: May 18, 2026

Ex-date: May 19, 2026

This information is published in accordance with the requirements of the Continuing Obligations.

For further queries, please contact:  
Lars-Christian Svensen, Contracted CEO  
Telephone +47476 38756  

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include non-historical statements. These forward-looking statements are based on current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks are set forth under “Item 3. Key Information — D. Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

^[1] Average TCE earnings, gross is a non-U.S. GAAP measure of the average daily revenue performance of a vessel. Average TCE earnings, gross, when used by the Company, means time charter revenues and voyage charter revenues adding back address commissions, and divided by fleet operational days. Our management believes average TCE earnings, gross can provide additional meaningful information for investors to analyze our fleets’ daily income performance. Our calculation of such figure may not be comparable to that reported by other companies. Please see Appendix A for reconciliation of this measure to the nearest U.S. GAAP measure.

Appendix A – Reconciliation of Non-U.S. GAAP Measures

Time Charter Equivalent (“TCE”) Earnings, gross

The following table sets forth a reconciliation of time charter revenues to the average TCE earnings, gross (unaudited) for the period presented:

(In millions of U.S. dollars except per day data)	For the one-month period ended April 30, 2026
Time charter revenues	$	14.4
Address commission	$	0.6
Operating revenues, gross	$	15.0
Fleet operational days		360
Average TCE Earnings, gross	$	41,600

Hamilton, Bermuda, April 17, 2026

The Company has entered into a new time charter agreement for the Mount Emai for a period of 12 to 14 months. The vessel will commence the new time charter in the first half of May following redelivery under its current charter.

The vessel will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index, as well as certain rights to convert the time charter to fixed rate based on the prevailing FFA curve from time to time.

For further queries, please contact:
Lars-Christian Svensen, Contracted CEO
Telephone +47 476 38 756

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include non-historical statements. These forward-looking statements are based on current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks are set forth under “Item 3. Key Information — D. Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.