Hamilton, Bermuda,

February 20, 2024


The shares in Avance Gas Holding Ltd (ticker: "AGAS") will be traded ex-dividend USD 0.65 as of today relating to the dividend for the fourth quarter of 2023. The
dividend will be paid on February 29, 2024.


For further information, please contact:

Randi Navdal Bekkelund - Chief Financial Officer

Tel: +47 23 11 40 00

Email: [email protected]

ABOUT AVANCE GAS

Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world's leading owners and operators of very large gas carriers (VLGCs) and owns nineteen LPG ships consisting of thirteen VLGCs on water including one vessel held for sale in Q1 2024, four dual fuel MGCs for delivery in 2025 and 2026 as well as two dual fuel newbuilding VLGCs for sale in Q1/Q2 2024. For more information about Avance Gas, please visit www.avancegas.com.

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