GCC – Postpones Initial Public Offering

Gram Car Carriers ASA (“GCC” or the “Company”), a leading provider of tonnage within the Pure Car Truck Carrier (“PCTC”) segment, has decided to postpone its Initial Public Offering (the “IPO”) as announced on 1 November 2021. The IPO has attracted significant interest from investors, but the Company, in consultation with its financial advisors, has decided not to complete the IPO on the basis of the prevailing conditions in the primary issue market. Further information will be announced if and when relevant.

For further information, please contact:

CEO Georg A. Whist

Telephone: +47 41 60 16 81

E-mail: georg.whist@gramcar.com