Himalaya Shipping Ltd. (HSHP) - Announces increase of Share Capital

Hamilton, Bermuda, May 2, 2023

Reference is made to the separate press release published by Himalaya Shipping Ltd. (the “Company”) today, regarding the partial exercise of the underwriters’ over-allotment option in connection with the Company’s initial public offering in the US.

The additional 910,000 over-allotment shares have now been issued and the share capital increase pertaining to these shares has now been registered in the Company's register of members, on 2 May 2023. The new share capital is US$ 40,782,857.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the US. Any offers, solicitations or offers to buy, or any sales of securities in the US will be made in accordance with the registration requirements of the Securities Act of 1933.

For further queries, please contact:

Herman Billung, Contracted CEO

Telephone +47 918 31 590