#Flex LNG #Bermuda #Hamilton #cash distribution #Liquefied Natural Gas

Flex LNG's Cash Distribution Overview for Q1 2025

Flex LNG Ltd., a leading player in the Liquefied Natural Gas (LNG) shipping sector, has recently announced the essential details regarding its cash distribution for the upcoming first quarter of 2025. This distribution is expected to resonate well with its shareholders across various stock exchanges.

Distribution Highlights

The cash distribution is set at $0.75 per share and will be drawn from the Company's Contributed Surplus Account. This is an essential movement for investors, as it underscores Flex LNG's commitment to sharing its success with its shareholders in a buoyant natural gas market.

NYSE and OSE Differences

It is crucial to note that due to regulatory changes, particularly from May 28, 2024, the NYSE will shift to a T+1 settlement cycle for securities transactions, while the Oslo Stock Exchange (OSE) will maintain its T+2 cycle. This adjustment will lead to different distribution dates for shareholders across these markets:

For NYSE Shareholders:

• - Distribution Amount: $0.75
• - Declared Currency: USD
• - Last Day Including Rights: June 5, 2025
• - Ex-Date: June 6, 2025
• - Record Date: June 6, 2025
• - Payment Date: June 20, 2025
• - Date of Approval: May 20, 2025

For OSE Shareholders (with shares registered in Euronext Securities Oslo):

• - Distribution Amount: $0.75
• - Declared Currency: USD (distributed in NOK)
• - Last Day Including Rights: June 4, 2025
• - Ex-Date: June 5, 2025
• - Record Date: June 6, 2025
• - Payment Date: June 25, 2025
• - Date of Approval: May 20, 2025

These timelines are of paramount importance for shareholders, especially those who may be involved in trading between the two exchanges during the transitional phase. It is prudent for investors to consult with their financial intermediaries regarding any queries related to the modified settlements and payment schedules.

About Flex LNG

Flex LNG stands as a pioneer in the expanding LNG market, with a fleet of cutting-edge carriers that are equipped with the latest two-stroke propulsion technology (MEGI and X-DF). This advancement not only enhances fuel efficiency but also reduces environmental impact compared to older vessels in the industry. Flex LNG’s commitment to sustainability and efficiency positions it favorably in a market increasingly focused on ecological responsibility.

Listing on both the NYSE and OSE under the ticker FLNG, Flex LNG continues to operate with transparency and reliability, ensuring that shareholders remain well-informed about critical developments.

For more details on the upcoming distributions or any specific inquiries, shareholders are encouraged to reach out to Knut Traaholt, Chief Financial Officer of Flex LNG Management AS, via phone or email.

In conclusion, Flex LNG's planned cash distributions mark a significant moment for its investors, reflecting both the company’s strong fiscal management and its strategic positioning within the LNG sector. Shareholders are advised to stay updated and prepare for the upcoming dates to optimize their investment actions.

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