Key information relating to the cash dividend to be paid by Gram Car Carriers ASA

Reference is made to the stock exchange notice by Gram Car Carriers ASA ("GCC") earlier today regarding the notice of the extraordinary general meeting.

As disclosed in the notice, the specific amount to be proposed paid in dividend per share for Q2 2022 will be made public on 19 August 2022, after the publication of the Company's results for the second quarter and first half of 2022. The dividend, if resolved distributed by the general meeting, will be based on an interim balance sheet as per 30 June 2022, which together with the auditor's statement will be made available on the Company's website, https://gramcar.com/.

Dividend amount: The NOK equivalent of an amount in USD*

Announced currency: NOK**

Last day including right: 26 August 2022

Ex-date: 29 August 2022

Record date: 30 August 2022

Payment date: On or about 9 September 2022

Date of approval: 26 August 2022

*USD amounts to be disclosed on 19 August 2022.

** The resolution is proposed with a dividend amount stated in NOK and will be paid in NOK. GCC will disclose the proposed NOK amount equivalent to the USD amount per share in a separate stock exchange notice prior to the general meeting.

The distribution shall constitute a repayment of the Company's paid-in capital.

For further information, please contact:

CEO Georg A. Whist

Telephone: +47 41 60 16 81

E-mail: georg.whist@gramcar.com

CFO Gunnar S. Kol√łen

Telephone: +65 9176 6661

E-mail: gunnar.koloen@gramcar.com

About Gram Car Carriers:

GCC is the world's third-largest tonnage provider within the Pure Car Truck Carriers (PCTCs) segment with 18 vessels, across the Distribution, Mid-size and Panamax segments. The Company serves as a trusted provider of high-quality vessels and logistics solutions ensuring safe, efficient and punctual shipment of vehicles for a network of clients comprising of major global and regional PCTC operators.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act and the Rule Book part II.