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Himalaya Shipping Ltd. Commercial Update and February 2026 Cash Distribution

Mar 06, 2026 (MarketLine via COMTEX) --

Himalaya Shipping reported average gross TCE earnings of approximately US$32,400 per day in February 2026, including about US$1,200 per day in scrubber benefits.

The Company's five vessels trading on fixed time charters earned approximately US$29,400 per day, gross, including average daily scrubber benefits. The Company's seven vessels trading on index-linked time charters earned approximately US$34,500 per day, gross, including average daily scrubber benefits.

The Baltic 5TC 180 Capesize Index averaged US$24,446 during February 2026.

Cash distribution:

The Board has approved a cash distribution of US$0.06 per share for February 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$0.06 per share

Declared currency: US$. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on March 25, 2026.

Date of approval: March 5, 2026

Record date: March 17, 2026

Payment date: On or about March 25, 2026.

The following dates apply to shares traded on Euronext:

Last day including right: March 13, 2026

Ex-date: March 16, 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 March 30, 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: March 16, 2026

Ex-date: March 17, 2026

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