Hamilton, Bermuda, 28 December 2021 - Höegh LNG Holdings Ltd. ("Höegh LNG") is pleased to announce that it has completed and signed all documentation for a 10-year FSRU charter with Terminal de Regaseificação de GNL de São Paulo S.A. ("TSRP"). This concludes the agreements for the binding Heads-of-Agreement listed as a subsequent event in the interim results for the quarter ended 30 September 2021.

TSRP is a subsidiary of Compass Gás & Energia, a Cosan Group company, that through its distribution company, Comgás, is Brazil's largest gas distributor. The Höegh Gannet is assigned to the charter and operations are expected to start in late 2022 or early 2023.

Contact:

Thor Jørgen Guttormsen, President and CEO, Telephone +47 400 39 888

Håvard Furu, Chief Financial Officer, Telephone +47 991 23 443

About Höegh LNG

Höegh LNG operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's Vision is "Enabling the transition to Clean Energy". The company is owned by Larus Holding Limited, a 50/50 joint venture between Leif Höegh & Co. Ltd.  and Funds managed by Morgan Stanley Infrastructure Partners, and owns approximately 46% of Höegh LNG Partners LP (NYSE:"HMLP"). Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, China, Indonesia, Lithuania, Egypt, Colombia and the Philippines. The group employs approximately 190 office staff and 670 seafarers. Please see: www.hoeghlng.com

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