Reference is made to the announcement earlier today regarding the end of the stabilisation period in connection with the private placement of shares (the "Offering") in Gram Car Carriers ASA ("GCC" or the "Company") and exercise of the greenshoe option by Pareto Securities AS, acting as stabilisation manager in connection with the Offering on behalf of the Managers (as defined in the aforementioned announcement).

Following the exercise of the greenshoe option, F. Laeisz GmbH ("F. Laeisz"), a close associate of Nikolaus H. Schües (vice chair of the board of directors), has sold 883,103 shares at the offer price of NOK 53.00 per share. After completion of the sale, F. Laeisz will hold 7,252,255 shares, equivalent to approx. 25.25% of the Company's total number of shares and votes.

See the enclosed form for further information about the transaction.

This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

CEO Georg A. Whist

E-mail: georg.whist@gramcar.com

CFO Gunnar S. Koløen

E-mail: gunnar.koloen@gramcar.com

About Gram Car Carriers ASA:

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. To lean more, please visit https://gramcar.com/.

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