Hafnia Limited - Approved for additional U.S. listing on the New York Stock Exchange and intended transfer of share register to DTC

3 April 2024

Reference is made to the announcement made by Hafnia Limited ("Hafnia" or the
"Company") on 27 March 2024, regarding the Company's public filing of a
registration statement with the U.S. Securities and Exchange Commission (the
"SEC"), for its additional U.S. listing (the "US Listing") of the Company´s
common shares on the New York Stock Exchange ("NYSE").

Hafnia is pleased to announce that the NYSE has approved the US Listing of the
Company´s common shares on the NYSE. The Company´s common shares are expected to
be admitted to trading on the NYSE on 9 April 2024 under the ticker "HAFN",
while continuing to be listed on the Oslo Stock Exchange ("OSE") under the
ticker "HAFNI". The Company will retain its listing status as a primary listing
on the OSE.

The Company will not issue any new securities in connection with the
contemplated listing on the NYSE. 

Mikael Skov, CEO of Hafnia, commented:
"We look forward to the completion of Hafnia's dual listing on the NYSE, marking
a significant milestone in our journey. We believe that being listed on the NYSE
will broaden our investor base and enhance our access to capital markets. Our
presence in the US market will provide potential new investors direct access to
our commercial performance and proven track record of shareholder returns, while
also generating increased value for our current shareholders through additional
trading liquidity.

As a forward-thinking tanker company, we remain committed to delivering
sustainable shareholder value through our active management approach, ensuring
we remain well positioned to capitalize on any market opportunities. At this
stage, I extend my gratitude and appreciation to our dedicated team members and
partners who have been instrumental in the filing process."

To facilitate the US Listing and transfer of common shares between the NYSE and
OSE, the Company intends to amend the registration structure for all its common
shares to be primarily recorded and settled within the Depository Trust Company
("DTC") in the United States and secondarily recorded and settled in Euronext
Securities Oslo (the "VPS") through a Central Securities Depository ("CSD") link
(the "Conversion"). Consequently, the Company's common shares will be registered
in the Company's register of members in the name of DTC's nominee, Cede & Co,
and DTC will act as the primary central securities depository for the shares.
DNB Bank ASA, Registrars' Department (the "VPS Registrar"), will continue to
administrate the Company's VPS register. A custodian of the VPS Registrar will
be registered as the holder of the primarily registered securities in the DTC
from which the VPS registered shares are derived. Following completion of the
Conversion, the Company´s common shares may be transferred between the DTC and
VPS to enable trading between the respective trading venues. 

Due to technical settlement procedures in the VPS, a trading suspension in the
Company's common shares listed on the OSE will be required for a period of time
in connection with the implementation of the Conversion (the "Trading
Suspension"). The Company has made a request to the OSE to approve such Trading
Suspension. During the Trading Suspension, the Company's common shares will be
temporarily suspended from trading on the OSE. Following completion of the
Conversion, the Trading Suspension will end, and the Company's common shares
will resume trading as normal. The Trading Suspension is contemplated to take
place beginning 5 April 2024 and expected to last for two trading days. The
actual listing on the NYSE is expected to take place on or about 9 April 2024.

To facilitate the Conversion, the board of directors will transfer the legal
title to the Company's common shares to Cede & Co acting as nominee for DTC
pursuant to the power granted to the board of directors in bye-law 7.4 (b) of
the Company's bye-laws. No action will be required by an investor holding shares
in the VPS in connection with the Conversion and investors' registered holdings
in the VPS will continue. An investor may request by a written notice that such
investor's shares are not transferred to DTC in the Conversion. Any such notice
must be sent to the Company at [e-mail] no later than 5 April 2024 12:00
CET. Shares which are not transferred to Cede & Co in the Conversion will be
unable to be traded on either NYSE or OSE. Pursuant to the Company's bye-laws,
an investor may by written notice to the secretary of the Company, request a
subsequent transfer of such investor's shares to or from DTC.

Set out below is the anticipated timeline of the Conversion and the Trading
Suspension:
-4 April 2024: Last day of trading of the Company´s shares on OSE prior to the
Trading Suspension. 
-5 April 2024: Omnibus transfer of legal title to the Company's common shares to
Cede & Co and Conversion process initiated.
-5 April 2024: First trading day of the Trading Suspension on OSE.
-8 April 2024: Second trading day of the Trading Suspension on OSE. Conversion
process expected to be completed after the end of the trading day.
-9 April 2024: Expected end of the Trading Suspension and the Company's shares
will resume normal trading from the start of trading on OSE.
-9 April 2024: First day of trading on NYSE.

The Company´s common shares will continue to be registered under the ISIN code
BMG4233B1090 and remain trading on the OSE under the ticker "HAFNI" following
the Conversion.

Advokatfirmaet Thommessen AS is acting as Norwegian legal advisor, Conyers Dill
& Pearman Limited is acting as Bermuda legal advisor and Vedder Price P.C. is
acting as U.S. legal advisor to the Company. 

Please see the attached information letter regarding the Conversion and Trading
Suspension, which was distributed to the shareholders on 2 April 2024.

* * *

For further information, please contact:
Mikael Skov
CEO Hafnia Limited
[phone]

About Hafnia Limited:
Hafnia is one of the world's leading tanker owners, transporting oil, oil
products and chemicals for major national and international oil companies,
chemical companies, as well as trading and utility companies.
As owners and operators of over 200 vessels, we offer a fully integrated
shipping platform, including technical management, commercial and chartering
services, pool management, and a large-scale bunker desk. Hafnia has offices in
Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000
employees onshore and at sea.
Hafnia is part of the BW Group, an international shipping group involved in oil
and gas transportation, floating gas infrastructure, environmental technologies,
and deep-water production for over 80 years.
This information is subject to disclosure requirements pursuant to § 5-12 of the
Norwegian Securities Trading Act.

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