4 November 2026: Reference is made to the announcement by Volare Shipping Ltd. ("Volare" or the "Company") on 3 November 2026 regarding the end of the stabilisation period and partial exercise of the greenshoe option related thereto.

The new shares resulting from the greenshoe exercise have now been issued and duly registered. The Company's new issued and paid-up share capital is USD 747,703,408.88866, comprising 73,738,539 ordinary shares, with no par value.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For more information, please contact:

Investors: investor.relations@volareshipping.com

Media: media.enquiries@volareshipping.com.

About Volare Shipping Ltd.

Volare Shipping Ltd. (Euronext Growth Oslo: VLCC) is an international shipping company, incorporated in Singapore. Volare Shipping currently operates six VLCCs and has eight newbuild VLCCs on order, delivering progressively through to 2028. At an average age of approximately three years on full delivery, Volare Shipping's fleet ranks among the youngest and most technically advanced in the listed VLCC sector. The fleet is commercially managed by Trafigura, led by an experienced management team with decades of experience across shipping, commodities and financial markets. This relationship provides Volare Shipping with an industry-leading chartering platform, significant commercial scale and cargo optionality.