1 Fourth Quarter 2021 & Full Year 2021 Results Presentation February 16, 2021 FORWARD-LOOKING STATEMENTS MATTERS DISCUSSED IN THIS PRESENTATION MAY CONSTITUTE FORWARD-LOOKING STATEMENTS. THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES SAFE HARBOR PROTECTIONS FOR FORWARD-LOOKING STATEMENTS IN ORDER TO ENCOURAGE COMPANIES TO PROVIDE PROSPECTIVE INFORMATION ABOUT THEIR BUSINESS. FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, FUTURE EVENTS OR PERFORM ...

Financial Data and Key Metrics Changes - The company reported record results with Q4 2021 revenues of $215 million, exceeding guidance of approximately $110 million [4] - Time charter equivalent (TCE) earnings averaged $95,900 per day in Q4, marking the best performance ever [4][30] - Net income reached an all-time high of $69 million, with adjusted net income of $63 million [8][32] - Earnings per share (EPS) was $1.31, with adjusted EPS of $1.18 [10][33] - The company declared a quarterly dividend of $0.75 per share, resulting in an annualized yield of about 15% [10][27] Business Line Data and Key Metrics Changes - The company secured eight to nine fixed higher contracts with durations between three to five years, enhancing long-term revenue stability [6] - Spot exposure was reduced to about 30% in Q4, down from previous levels, allowing higher revenues to flow directly to the bottom line [8] Market Data and Key Metrics Changes - The company reported that 93% of available days in 2022 are already covered, providing a solid revenue outlook for the year [14][22] - The spot market has been challenging in early 2022, impacting earnings expectations for ships trading in the spot market [19][24] Company Strategy and Development Direction - The company is focused on balance sheet optimization, aiming to unlock $100 million in cash, with $125 million already achieved through refinancing initiatives [11][12] - The strategy includes maintaining a strong liquidity position to capitalize on market opportunities while sustaining attractive dividend levels [13][26] Management's Comments on Operating Environment and Future Outlook - Management noted that the LNG market experienced growth in 2021, with U.S. exports increasing significantly, although growth slowed in the last two months of the year [47][48] - The company expects continued strong demand for LNG in 2022, projecting an increase in export volumes [79] - Management expressed optimism regarding the EU Emission Trading System for shipping, which could enhance the competitiveness of modern, efficient ships [83][84] Other Important Information - The company reported a cash balance of $201 million at year-end, which is expected to increase with new financing [13][34] - The average age of the fleet is 2.2 years, with a book value of approximately $2.4 billion [35] Q&A Session Summary Question: Can you comment on the EU Emission Trading System for shipping? - Management indicated that the system will include shipping from 2023, requiring ships to buy carbon permits for CO2 and methane emissions, which could enhance the competitiveness of efficient ships [83][84]

FLEX LNG Interim Financial Information Flex LNG Ltd. Third Quarter 2021 November 16, 2021 1 Flex LNG Ltd. Third Quarter Results 2021 November 16, 2021 - Hamilton, Bermuda Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the third quarter and nine months ended September 30, 2021. Highlights: • Revenues of $81.8 million for the third quarter 2021, compared to $65.8 million for the second quarter 2021. • Net income of $32.8 million and earnings per share of $0.62 ...

FLEX LNG Ltd. (NYSE:FLNG) Q3 2021 Earnings Conference Call November 16, 2021 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Flex LNG Q3 2021 Earnings Presentation. [Operator Instructions] Please be advised today's conference is being recorded at Tuesday, 16th of November 2021. I'd now like to hand the conference over to CEO, Mr. Oystein Kalleklev. ...

1 FLEX LNG Third Quarter 2021 Results Presentation November 16, 2021 FORWARD-LOOKING STATEMENTS MATTERS DISCUSSED IN THIS PRESENTATION MAY CONSTITUTE FORWARD-LOOKING STATEMENTS. THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES SAFE HARBOR PROTECTIONS FOR FORWARD-LOOKING STATEMENTS IN ORDER TO ENCOURAGE COMPANIES TO PROVIDE PROSPECTIVE INFORMATION ABOUT THEIR BUSINESS. FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, FUTURE EVENTS OR PERFORMANCE, AND ...

Call Start: 09:00 January 1, 0000 10:05 AM ET Flex LNG Ltd. (NYSE:FLNG) Q2 2021 Earnings Conference Call August 17, 2021 09:00 ET Company Participants Øystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Conference Call Participants Randy Givens - Jeffries Greg Lewis - BTIG J. Mintzmyer - Value Investor's Edge Operator Good day and thank you for standing by, and welcome to the Flex LNG Q2 2021 Earnings Presentation Conference Call. Currently, all participants are in a listen-o ...

| --- | --- | --- | |-------|-------|-------| | | | | | | | | FORWARD-LOOKING STATEMENTS MATTERS DISCUSSED IN THIS PRESENTATION MAY CONSTITUTE FORWARD-LOOKING STATEMENTS. THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES SAFE HARBOR PROTECTIONS FOR FORWARD-LOOKING STATEMENTS IN ORDER TO ENCOURAGE COMPANIES TO PROVIDE PROSPECTIVE INFORMATION ABOUT THEIR BUSINESS. FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, FUTURE EVENTS OR PERFORMANCE, AND UNDERL ...

Financial Data and Key Metrics Changes - The company reported revenues of $81.3 million for Q1 2021, up from $67.4 million in the previous quarter, aligning with guidance of $80 million to $90 million [14][44] - Adjusted net income for Q1 was $34.2 million or $0.64 per share, compared to $24 million or $0.45 per share in the previous quarter [16][47] - Operational net income was $47.2 million for the quarter, translating into $0.88 per share, reflecting a significant increase from approximately $28 million or $0.48 per share in the previous quarter [16][46] Business Line Data and Key Metrics Changes - The company secured about 22 years of minimum fixed hire employment since the last reporting, enhancing employment visibility and reducing freight exposure [9][29] - The time charter equivalent (TCE) for the quarter was $75,400 per day, slightly ahead of $73,700 in the previous quarter [16][44] - Operating expenses were $14.3 million in Q1, down from $14.5 million in Q4, resulting in a decrease in operating expenses per day from $15,300 to $12,900 [45] Market Data and Key Metrics Changes - The LNG market experienced a strong recovery, with Asian and European spot LNG prices significantly higher than the previous year, with JKM and TTF prices around $10 and $9 respectively [21][69] - LNG exports in Q1 2021 were close to 102 million tons, in line with the previous year, despite disruptions [56][57] - European gas inventories were at only 33.5%, significantly lower than the previous year, indicating a potential for increased gas prices and volatility [73] Company Strategy and Development Direction - The company aims to secure long-term contracts to enhance revenue stability, having fixed several ships on term charters with major trading houses [25][26] - The strategy includes maintaining a strong liquidity position and utilizing cash for dividends and stock buybacks, with a recent increase in dividend from $0.30 to $0.40 per share [18][20] - The company is focused on expanding its fleet management capabilities in-house to improve operational control and performance [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the LNG market's recovery, expecting 7% to 8% growth in LNG demand in 2021, supported by a healthy global economy [11][59] - The company anticipates a strong Q4 2021, with revenues expected to approach $100 million, driven by high booking levels and a favorable market environment [39][76] - Management highlighted the importance of maintaining a flexible approach to fleet management, allowing for strategic decisions based on market conditions [66][75] Other Important Information - The company has a robust cash position of $139 million at the end of Q1, providing ample liquidity for future investments and shareholder returns [17][49] - The company has initiated a share buyback program, purchasing 593,000 shares in Q1, with plans to increase the buyback capital [20][53] - The company has hedged interest rate risks with swaps for a nominal amount of $674 million, ensuring a comfortable debt maturity profile [55] Q&A Session Summary - There were no questions during the Q&A session, indicating a clear presentation and understanding of the company's current status and future outlook [77]

Q1-2021 Presentation May 21, 2021 FLEX CONSTELLATION FLEX LNG FLNG LISTED OSLO BØRS NYSE FORWARD-LOOKING STATEMENTS MATTERS DISCUSSED IN THIS PRESENTATION MAY CONSTITUTE FORWARD-LOOKING STATEMENTS. THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES SAFE HARBOR PROTECTIONS FOR FORWARD-LOOKING STATEMENTS IN ORDER TO ENCOURAGE COMPANIES TO PROVIDE PROSPECTIVE INFORMATION ABOUT THEIR BUSINESS. FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, FUTURE EVENTS ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _________________ OR ☐ SHELL COMPANY REPOR ...