Frode Morkedal

- Himalaya Shipping Ltd. achieved average time charter equivalent (TCE) earnings of approximately **US$37,600 per day, gross**, for September 2025 across its **twelve vessels in operation**, including average daily scrubber benefits of approximately **US$1,500 per day**.  **[1959455_0001959455-25-000074_pressreleaseoctober82025ex.htm:0]** 
- Six of the Company's vessels trading on fixed time charters earned approximately **US$35,800 per day, gross**, while the other six vessels trading on index-linked time charters earned approximately **US$39,400 per day, gross**.  **[1959455_0001959455-25-000074_pressreleaseoctober82025ex.htm:0]** 
- The Board approved a cash distribution of **US$0.10 per share** for September 2025, which will be made from the Company's Contributed Surplus account.  **[1959455_0001959455-25-000074_pressreleaseoctober82025ex.htm:0]** 
- The record date for this distribution is **October 20, 2025**, with the payment date scheduled for on or about **October 28, 2025**.  **[1959455_0001959455-25-000074_pressreleaseoctober82025ex.htm:0]**

Himalaya Shipping Ltd. Reports September 2025 Commercial Update and Declares Cash Distribution

- Himalaya Shipping Ltd. (HSHP) has agreed to convert the index-linked time charter for its **Mount Etna** vessel to a fixed rate.  **[1959455_0001959455-25-000072_pressreleaseseptember26202a.htm:0]** 
- The new fixed rate for the Mount Etna will be approximately **US$38,800 per day, gross**, effective from **October 1, 2025, to December 31, 2025**, with the vessel also continuing to earn **scrubber benefits**.  **[1959455_0001959455-25-000072_pressreleaseseptember26202a.htm:0]** 
- During the same period, from **October 1, 2025, to December 31, 2025**, the company will have **6 vessels fixed** at an average rate of approximately **US$36,300 per day, gross**.  **[1959455_0001959455-25-000072_pressreleaseseptember26202a.htm:0]**

Himalaya Shipping converts Mount Etna vessel to fixed rate time charter

- Himalaya Shipping Ltd. (HSHP) has agreed to convert the index-linked time charter for its **Mount Bandeira** vessel to a **fixed rate time charter**.  **[1959455_0001959455-25-000070_pressreleaseseptember23202.htm:0]** 
- The fixed rate for the Mount Bandeira will be approximately **US$38,000 per day, gross**, for the period from **October 1, 2025, to December 31, 2025**.  **[1959455_0001959455-25-000070_pressreleaseseptember23202.htm:0]** 
- The vessel will continue to earn **scrubber benefits** according to the terms of the existing time charter agreement.  **[1959455_0001959455-25-000070_pressreleaseseptember23202.htm:0]** 
- From October 1, 2025, to December 31, 2025, the company will have **5 vessels fixed** at an average rate of approximately **US$35,800 per day, gross**.  **[1959455_0001959455-25-000070_pressreleaseseptember23202.htm:0]**

Himalaya Shipping Ltd. Converts Vessel Charter to Fixed Rate

- Himalaya Shipping Ltd. has converted index-linked time charters for **two vessels** to fixed rate time charters at an average of **US$38,700 per day, gross**, for the period from **October 1, 2025 to December 31, 2025**.  **[1959455_0001959455-25-000066_pressreleaseaugust272025ex.htm:0]** 
- These two vessels will also continue to earn **scrubber benefits** according to existing time charter agreements.  **[1959455_0001959455-25-000066_pressreleaseaugust272025ex.htm:0]** 
- Additionally, the company has other fixed rate charters: **6 vessels** at an average of **US$34,000 per day, gross**, for **September 2025**, and **4 vessels** at an average of **US$35,200 per day, gross**, for **October 1 to December 31, 2025**.  **[1959455_0001959455-25-000066_pressreleaseaugust272025ex.htm:0]**

Himalaya Shipping (HSHP)