Ocean Yield

[TekBot]

Investment in vessel with long-term charter

Ocean Yield AS (“Ocean Yield” or the “Company”) is pleased to announce that the
Company has agreed to purchase a 5,500 TEU container vessel newbuilding under
construction at HJ Shipbuilding, Korea. The vessel will be a sister vessel to
…

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the newbuilding announced on 10 June 2022, with a design enabling it to be
converted to dual fuel operation with methanol as fuel.

Delivery of the vessel is expected in May 2023. Upon delivery, the vessel will
commence a seven-year timecharter contract to ZIM Integrated Shipping Services
Ltd. which will add approximately USD 80 million to the Company’s EBITDA
backlog.

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Invitation to webcast of Q2 2022 results

Ocean Yield AS will present the Q2 2022 financial results on the Oslo Stock
Exchange on Thursday 25[th] August 2022. We invite bond holders and other
interested parties to attend the webcast.
…

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Webcast

· Date: Thursday 25[th] August 2022
· Time: 09:00 CET
·
Webcast:https://channel.royalcast.com/landingpage/hegnarmedia/20220825_8/ (https:
//eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fchannel.royalcast.com
%2Flandingpage%2Fhegnarmedia%2F20220825_8%2F&data=05%7C01%7Ceirik.eide%40oceanyie
ld.no%7C205e6898aca448626c5608da79dfcc79%7C4532deeec4ed44d788c679ffa513472c%7C0%7
C0%7C637956299365969753%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luM
zIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=FAyVmxZYb0DwFX1nfRzy%2FM2
Cu8%2BZJV8S8uWcxmFDaBc%3D&reserved=0)
· PDF Presentation will be available for download
here:https://www.oceanyield.no/Investor
-Relations (https://https://channel.royalcast.com/landingpage/hegnarmedia/2022082
5_8/)

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Kilde

[TekBot]

Second Quarter and first half year results 2022

Fornebu, 24[th] August 2022, Ocean Yield AS (“Ocean Yield” or the “Company”)
announces results for the second quarter and first half year 2022.

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Highlights

· EBITDA for Q2 2022 was USD 45.3 million and EBITDA adjusted for finance
lease effects was USD 73.6 million. Net profit for the period Q2 2022 was USD
24.6 million and adjusted net profit for Q2 2022 was USD 23.0 million.
· Acquisition of two newbuilding 5,500 TEU container vessels with 7-year
charters.
· Acquisition of two newbuilding 36,000 cbm ethylene gas vessels with 15-year
charters.
· Delivery of two newbuilding Suezmax tankers with 10-year charters.
· Sale of two handysize dry-bulk vessels following exercise of options in the
charter agreements.
· The Company had an EBITDA charter backlog at the end of Q2 2022 of USD 3.4
billion with an average remaining contract duration of 9.6 years.

Andreas Røde, CEO of Ocean Yield, said in a comment:

“Q2 was another solid quarter for Ocean Yield and an active quarter on the
investment side. We are pleased to continue to expand and diversify the
portfolio of vessels on long-term charters. The latest investments are both
examples of our continued ambition to invest in modern, fuel efficient vessels
with future proof engine technology.”

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Ocean Yield Q2 2022 Presentation

Please find attached the presentation of the Q2 2022 financial results to be
held on Thursday 25th August

…

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Webcast:

· Date: Thursday 25th August 2022
· Time: 09:00 CET
· Link to
webcast https://channel.royalcast.com/landingpage/hegnarmedia/20220825_8/
· The presentation will be made available here:
Investor Relations - Ocean Yield

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Kilde

[TekBot]

Financial calendar

Financial calendar for Ocean Yield AS

FINANCIAL YEAR 2022
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23.11.2022 - Quarterly Report - Q3

Kilde

[TekBot]

Investment in vessel with long-term charter

Ocean Yield AS (“Ocean Yield” or the “Company”) is pleased to announce that the
Company has agreed to purchase a 5,500 TEU newbuilding container vessel under
construction at HJ Shipbuilding, Korea. The vessel will be a sister vessel to
…

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the two newbuildings announced on 10 June 2022 and 18 July 2022, with a design
enabling it to be converted to dual fuel operation with methanol as fuel.

Delivery of the vessel is expected in Q3 2023. Upon delivery, the vessel will
commence a seven-year timecharter contract to ZIM Integrated Shipping Services
Ltd. which will add approximately USD 80 million to the Company’s EBITDA
backlog.

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel
+47 951 32 335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Rentefastsettelse

Det er fastsatt ny Obligasjonsrente for NO0010823214.
Ny Obligasjonsrente i Renteperioden 25.11.2022 - 27.02.2023 er 7.13.
Ticker: OCY05
…

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Den nye Obligasjonsrenten og Renteperioden er fastsatt i henhold til Obligasjonsavtalen.

Se vedlagt dokument for utfyllende informasjon.

(Publisert av Nordic Trustee)

Kilde

[TekBot]

Third Quarter results 2022

Fornebu, 23rd November 2022, Ocean Yield AS (“Ocean Yield” or the “Company”)
announces results for the third quarter 2022.

…

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Highlights

· EBITDA for Q3 2022 was USD 48.8 million and EBITDA adjusted for finance
lease effects was USD 77.0 million.
· Net profit for the period Q3 2022 was USD 23.4 million.
· The quarter ended with a strong balance sheet, with an equity ratio of 31%
and USD 122 million in cash.
· Refinancing of several loan facilities post quarter end has resulted in
additional available liquidity of USD 90 million, which currently is undrawn.
· Acquisition of one 5,500 TEU container vessel newbuilding with 7-year
charter.
· Post quarter end, acquisition of another 5,500 TEU container vessel
newbuilding with 7-year charter.
· The Company had an EBITDA charter backlog at the end of Q3 2022 of USD 3.4
billion with an average remaining contract duration of 8.7 years.

Andreas Røde, CEO of Ocean Yield, said in a comment:
“Despite volatile markets and increasing macro uncertainty, the third quarter
was another solid quarter for Ocean Yield with stable performance across our
fleet of vessels on long term charters. As we continue to invest in modern,
future-proof vessels, we are pleased with the continued support from our senior
financing providers, enabling us to execute attractive financing for both new
transactions and re-financings of the existing fleet.”

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Ocean Yield Q3 2022 Presentation

Please find attached the Q3 2022 presentation to be held tomorrow 24th November
2022 by webcast.

…

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Webcast details as follows: ·

· Time: 09:00 CET, 24th November 2022
· Link to webcast:

Webcast (https://channel.royalcast.com/landingpage/hegnarmedia/20221124_2/)

Link to website for report and presentation:

www.oceanyield.no (Investor Relations - Ocean Yield)

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

INVESTMENT IN NEWCASTLEMAX NEWBUILDINGS WITH LONG-TERM CHARTERS

Ocean Yield AS (“Ocean Yield” or the “Company”) is pleased to announce that the
Company has agreed to acquire up to ten newcastlemax dry bulk newbuildings for a
total consideration of up to USD 576 million net of seller’s credits.
…

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Upon delivery, the vessels will commence 15-year bareboat charters to a leading
dry bulk operator with purchase obligations at the end of the charter period.
Expected delivery will be between Q1 2025 and Q2 2026.

The final transaction scope will be a minimum of five and a maximum of ten
vessels, to be determined at a later stage. Assuming a transaction scope of ten
vessels, the transaction will add around USD 950 million to the Company’s EBITDA
backlog.

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Key information relating to full redemption of bond loan - OCY05

Issuer: Ocean Yield AS

ISIN for bond loan: NO 0010823214
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Original maturity date: 25 May 2023

New maturity date: 17 February 2023

Redemption price: 100.00%

Other information: Bond issue OCY05

Kilde

[TekBot]

Exercises call option on bond issue OCY05

FRN Senior Unsecured Callable Bond Issue with maturity 25 May 2023
(ISIN NO 0010823214)

…

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Ocean Yield AS (the “Company”) has today notified Nordic Trustee, who is acting
as bond trustee for the above-mentioned bond issue, that the Company exercises
the call option in accordance with the bond agreement.

Settlement will take place on 17 February 2023.

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Invitation to webcast of Q4 2022 results

Ocean Yield AS will present the Q4 2022 financial results on Thursday
16[th] February 2023. We invite bondholders and other interested parties to
attend the webcast.
…

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Webcast

· Date: Thursday 16[th] February 2023
· Time: 09:00 CET
· Webcast:
https://channel.royalcast.com/landingpage/hegnarmedia/20230216_23/ (https://eur01
.safelinks.protection.outlook.com/?url=https%3A%2F%2Fchannel.royalcast.com%2Fland
ingpage%2Fhegnarmedia%2F20230216_23%2F&data=05%7C01%7Ceirik.eide%40oceanyield.no%
7C768de9dba528487762a408db09a51f7f%7C4532deeec4ed44d788c679ffa513472c%7C0%7C0%7C6
38114377032718220%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJ
BTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=KFVPJ33enqLq6BlqDNrifApvxAHn66S
rSg28p7vtwkQ%3D&reserved=0)
· The presentation will be available for download here:
Reports and presentations - Ocean Yield

Kilde

[TekBot]

Fourth Quarter and preliminary results 2022

Fornebu, 15[th] February 2023, Ocean Yield AS (“Ocean Yield” or the
“Company”) announces results for the fourth quarter and preliminary results for
the year ending 31[st] December 2022.
…

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Highlights

· EBITDA for Q4 2022 was USD 51.8 million and EBITDA adjusted for finance
lease effects was USD 82.8 million.
· Net profit for Q4 2022 was USD 21.1 million.
· EBITDA for 2022 was USD 187.0 million and EBITDA adjusted for finance lease
effects was USD 301.9 million.
· Net profit for 2022 was USD 91.2 million.
· Strong balance sheet, with an equity ratio of 30.3% and USD 122 million in
cash. Post quarter end, the Company has increased several loan facilities with a
total amount of USD 55 million.
· Active period for financing and refinancing of several loan facilities. The
bond loan OCY05 has been called, and will be settled in cash in Q1 2023.
· Acquisition of up to ten Newcastlemax dry bulk newbuildings with 15-year
charters to CMB N.V.
· Acquisition of one 5,500 TEU container vessel newbuilding with 7-year
charter to ZIM.
· EBITDA charter backlog at the end of Q4 2022 of USD 3.8 billion with an
average remaining contract duration of 9.3 years.

Andreas Røde, CEO of Ocean Yield, said in a comment:
“During 2022 we continued to renew and diversify our fleet and during the fourth
quarter we committed to invest more than USD 600 million in modern future-proof
vessels, taking the total investment figure for the year to more than USD 1
billion. The significant investment in up to ten ammonia-ready Newcastlemax
newbuildings on long-term charters to CMB is a testimony to Ocean Yield’s
strategy of facilitating our partners’ role in the energy transition.
Further, we are pleased with the continued support from our senior financing
providers, enabling us to execute several attractive financings during the
quarter for both new transactions and refinancing debt for the existing fleet,
as we continue to optimize our balance sheet and cost of capital.”

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Q4 2022 Presentation

Please find attached the Q4 2022 presentation to be held today 16[th] February
2023 by webcast.

…

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Webcast details as follows:

· Time: 09:00 CET, 16[th] February 2023

Link to
webcast (https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20230216_23)

Link to website for report and presentation:

www.oceanyield.no (Investor Relations - Ocean Yield)

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Fixed Income Investor Meetings

Ocean Yield AS has mandated Arctic Securities AS, Danske Bank, Nordea Bank Abp,
filial i Norge and Skandinaviska Enskilda Banken AB (publ), as Joint Lead
Managers to arrange a series of fixed income investor meetings, commencing
…

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today, Monday 6 March 2023.

Subject to inter alia market conditions, a new 4-year NOK denominated senior
unsecured floating rate bond issue may follow. The proceeds from the potential
bond issue are to be applied towards refinancing of outstanding debt and general
corporate purposes.

In connection with the potential bond issue, Ocean Yield may offer conditional
buybacks in its outstanding bonds with ticker OCY07 (ISIN: NO0010869720) and
OCY06 (ISIN: NO0010861594).

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Ocean Yield - Successful placement of senior unsecured bonds

Ocean Yield AS has successfully completed a new bond issue of NOK 750 million,
carrying a coupon of 3 months NIBOR + 3.95% p.a. with quarterly interest
payments. The bond issue attracted strong interest and was well oversubscribed.
…

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The net proceeds from the bond issue will be applied towards refinancing of
outstanding debt and general corporate purposes.

Arctic Securities AS, Danske Bank, Nordea Bank Abp, filial i Norge and
Skandinaviska Enskilda Banken AB (publ) acted as Joint Lead Managers in
connection with the placement of the new bond issue. An application will be made
for the bonds to be listed on Oslo Børs.

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Ocean Yield - Buy-back of bonds

Reference is made to the stock exchange notice 8 March 2023 regarding Ocean
Yield AS’ issuance of new senior unsecured bonds. In conjunction with the new
bond issue, Ocean Yield AS has repurchased NOK 292.5 million of outstanding
…

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bonds with ticker OCY07 (ISIN: NO0010869720) and USD 37.7 million of outstanding
bonds with ticker OCY06 (ISIN: NO0010861594).

Arctic Securities AS, Danske Bank, Nordea Bank Abp, filial i Norge and
Skandinaviska Enskilda Banken AB (publ) acted as Joint Lead Managers for the
transaction.

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

New bareboat charters with purchase obligations for two AHTS vessels

Ocean Yield AS (“Ocean Yield” or the “Company”) has entered into an agreement to
charter out the two 2013 built AHTS vessels, Far Senator and Normand Statesman
on bareboat charters to Viking Supply Ships AB for a period of five years. The
…

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Charterer will have purchase options during the charter, and an obligation to
purchase the vessels at the end of the charter term, if requested by Ocean
Yield. There is also a substantial element of pre-paid charter hire to be paid
upon commencement of the transaction.

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde

[TekBot]

Annual Report and ESG Report 2022

Please find attached the Annual Report and ESG Report for 2022.

The material will also be available on the company’s website www.oceanyield.no
…

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Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32
335

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

Kilde