HSHP · Himalaya Shipping Ltd.

Himalaya Shipping Ltd. disclosed strong commercial performance for March 2026, with fleet-wide average TCE earnings of approximately US$32,000 per day, gross, surpassing the Baltic 5TC 180 Capesize Index average of US$22,907. This reflects robust revenue generation, supported by average daily scrubber benefits of US$1,100 per vessel. The company's twelve vessels split into five on fixed time charters at US$29,200 per day, gross, and seven on index-linked time charters at US$34,000 per day, gross, demonstrating the benefits of its charter mix in a market where index rates were lower. Reconciliation shows time charter revenues of $11.5 million, address commissions of $0.4 million, totaling operating revenues, gross, of $11.9 million over 372 fleet operational days. Concurrently, the Board approved a cash distribution of US$0.06 per share from the Contributed Surplus account, signaling confidence in cash generation and commitment to shareholder returns. Key dates include approval on April 7, 2026, record date April 20, 2026, and payment on or about April 27, 2026, with adjustments for Euronext VPS shares due to CSDR and US settlement cycle changes, affecting ex-dates and payout timing to April 30, 2026, in NOK. This update provides investors with direct insight into monthly operational metrics and capital return policy execution.