Liam Burke

Fotis Giannakoulis

Ken Davidson

Omar Nokta

Thomas Steed

Craig Rose

Erik Hovi

Greg Lewis

Gregory Lewis

James Jang

Joseph DePaul

Magnus Fyhr

Michael Masco

Michael Moncroft

Mike Webber

Nick Lanham

Randy Giveans

Turner Holm

- On **September 30, 2025**, Nordic American Tankers' Founder, Chairman & CEO, Herbjorn Hansson, **purchased 150,000 shares** at **$3.11 per share**.  **[1000177_35b6f3d98ebb4033aa3692778525bd54_0]** 
- Following this transaction, Herbjorn Hansson now owns **5,100,000 shares**, and his family collectively holds **10,250,000 shares**, making them the largest private shareholder group.  **[1000177_35b6f3d98ebb4033aa3692778525bd54_0]** 
- The company has a consistent dividend history, having paid dividends for **113 consecutive quarters** since becoming stocklisted in **1995**.  **[1000177_35b6f3d98ebb4033aa3692778525bd54_0]**

Nordic American Tankers CEO Increases Shareholding

- Nordic American Tankers Limited (NAT) reported a **net loss of $0.9 million** and **Adjusted EBITDA of $15.8 million** for the second quarter of 2025.  **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:0]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:1]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:3]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:4]**  The average Time Charter Equivalent (TCE) for the fleet was **$26,880 per day per ship**.  **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:0]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:1]** 
- The company declared a **cash dividend of $0.10 per share** for Q2 2025, marking its **112th consecutive quarterly cash dividend**.  **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:0]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:1]**  The dividend is payable on **September 29, 2025**, to shareholders of record as of **September 12, 2025**.  **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:0]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:1]** 
- As of June 30, 2025, NAT's fleet consists of **20 Suezmax tankers**, with recent acquisitions ("Nordic Galaxy" and "Nordic Moon") and one vessel sale ("Nordic Castor") occurring in the quarter.  **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:0]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:1]** 
- The company's cash and cash equivalents were **$94.49 million** as of June 30, 2025, with Net Debt standing at **$321.4 million**.  **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:1]** **[1000177_0000919574-25-005538_d11976558_ex99-1.htm:3]**

Nordic American Tankers Reports Q2 2025 Results and Declares Dividend

- Nordic American Tankers Ltd (NAT) declared a **Q2 2025 dividend of $0.10 per share**, marking its **112th consecutive quarterly cash dividend**.  **[1000177_181800952d784d229d02a4d2277089a1_0]** 
- For the second quarter of 2025, NAT reported an average time charter equivalent (TCE) of **$26,880 per day per ship** and an adjusted EBITDA of **$15.8 million**.  **[1000177_181800952d784d229d02a4d2277089a1_0]** 
- The company recorded a **net loss of $0.9 million** for Q2 2025, which included the sale of the "Nordic Castor" vessel, and held a cash position of **$86 million** as of August 28, 2025.  **[1000177_181800952d784d229d02a4d2277089a1_0]** 
- During Q2 2025, NAT added the "Nordic Galaxy" and "Nordic Moon" to its fleet while selling the "Nordic Castor," resulting in a current fleet of **20 suezmax tankers**.  **[1000177_181800952d784d229d02a4d2277089a1_0]**

NAT Reports Q2 2025 Financials and Dividend

NORDIC AMERICAN TANKERS (NAT)