Core Points - Golar LNG will release its Q2 2025 results before the NASDAQ opens on August 14, 2025 [1] - A webcast presentation will take place at 1:00 P.M (London Time) on the same day [1] - Participants are encouraged to join the conference call via the live webcast link [1] Webcast and Teleconference Details - The live webcast can be accessed through the Investors, Results Centre section on Golar LNG's website [2] - Conference call participants must register to obtain dial-in and passcode details to avoid wait times [3] - Presentation materials can be downloaded from the website to view during the conference [4]

Core Points - Golar LNG Limited announced the closing of a $575 million offering of 2.75% Convertible Senior Notes due 2030, with $75 million from the initial purchasers' option [1][2] - The Notes are senior, unsecured obligations with a conversion rate of 17.3834 common shares per $1,000 principal amount, equating to an initial conversion price of approximately $57.53 per share, representing a 40% premium over the recent closing price [2] - A portion of the proceeds will be used to repurchase 2.5 million common shares, reducing the total outstanding shares to 102.3 million, while the remaining proceeds will support general corporate purposes, including growth investments and debt repayment [3] Summary by Sections Offering Details - The offering consists of 2.75% Convertible Senior Notes due 2030, sold in a private placement to qualified institutional buyers [1] - The Notes bear interest at 2.75% per annum, payable semi-annually, and mature on December 15, 2030 [2] Conversion Features - The initial conversion rate is set at 17.3834 common shares per $1,000 principal amount, with an initial conversion price of approximately $57.53 per share, reflecting a 40% premium over the closing price of $41.09 on June 25, 2025 [2] Use of Proceeds - The company plans to use part of the net proceeds to repurchase 2.5 million common shares and intends to cancel these shares, reducing the outstanding share count [3] - Remaining proceeds will be allocated for general corporate purposes, including future growth investments and debt repayment [3]

Core Viewpoint - Golar LNG Limited has announced the pricing of $500 million in 2.75% Convertible Senior Notes due 2030, with an option for initial purchasers to buy an additional $75 million, expected to close on June 30, 2025 [1][5]. Group 1: Notes Details - The Notes will bear interest at 2.75% per annum, payable semi-annually starting December 15, 2025, and maturing on December 15, 2030 [2]. - The initial conversion rate is set at 17.3834 common shares per $1,000 principal amount, equating to an initial conversion price of approximately $57.53 per share, representing a 40% premium over the average share price of $41.09 on June 25, 2025 [2]. - The Notes are redeemable at the company's option starting December 20, 2028, if the common shares' price exceeds 130% of the conversion price for a specified period [3]. Group 2: Fundamental Change and Use of Proceeds - In the event of a fundamental change, holders can require the company to purchase the Notes at a price equal to 100% of the principal amount plus accrued interest [4]. - The net proceeds from the sale of the Notes will be used to repurchase 2.5 million common shares and for general corporate purposes, including potential growth investments and repaying debt [5].

Core Viewpoint - Golar LNG Limited plans to offer $500 million in Convertible Senior Notes due 2030, with an option for an additional $75 million, to fund share repurchases and general corporate purposes [1][4]. Group 1: Offering Details - The offering will be made to qualified institutional buyers under Rule 144A of the Securities Act [1]. - The Notes will be senior, unsecured obligations, maturing on December 15, 2030, and will pay interest semiannually [3]. - The Company intends to use the net proceeds to repurchase up to 2.5 million common shares and for various corporate purposes, including growth investments and debt repayment [4]. Group 2: Interest from Directors - Certain directors and officers of the Company have expressed interest in purchasing common shares from investors in the offering [2]. - Entities controlled by or affiliated with the Company's directors have indicated interest in purchasing the Notes at the initial offering price [2]. Group 3: Regulatory Information - The Notes and shares issuable upon conversion have not been registered under the Securities Act and may not be offered or sold without registration or an exemption [6]. - This announcement does not constitute an offer to sell or a solicitation to buy the Notes [5].

Core Points - Golar LNG Limited announced that FLNG Gimi has reached the Commercial Operations Date (COD) for its 20-year Lease and Operate Agreement for the Greater Tortue Ahmeyim (GTA) project, unlocking approximately $3 billion of Adjusted EBITDA backlog [1][2] - The COD milestone signifies a significant achievement for Africa's deep offshore developments, establishing Mauritania and Senegal as LNG exporters [2] - Following the COD, Golar is accelerating work on its next FLNG units and advancing commercial discussions, with a focus on design choices for the fourth FLNG unit [3] Company Developments - The COD of FLNG Gimi triggers the start of a 20-year Lease and Operate Agreement, which is expected to generate substantial financial returns for Golar [1] - Golar is collaborating with GTA operator bp and partners Kosmos, PETROSEN, and SMH to ensure safe operations and value creation for stakeholders [2] - The company is progressing with engineering studies for a 5mtpa MKIII FLNG and updating plans for a 2.7mtpa MKI FLNG, indicating a strong pipeline for future projects [3]

Core Insights - Golar LNG Limited has maintained a strong operational track record with FLNG Hilli, having offloaded 132 cargoes and produced over 9 million tons of LNG since operations began [2] - The company has concluded a Final Investment Decision (FID) for a 20-year redeployment of FLNG Hilli to Southern Energy in Argentina, which is expected to significantly enhance its earnings visibility [2][10] - Golar's financial performance for Q1 2025 shows a net income of $8 million and an Adjusted EBITDA of $41 million, indicating a decline compared to the previous year [7][22] Financial Performance - Q1 2025 net income attributable to Golar was $8 million, a decrease of 85% from $55.2 million in Q1 2024 [22] - Total operating revenues for Q1 2025 were $62.5 million, down 4% from $65.0 million in Q1 2024 [22] - Golar's share of contractual debt increased by 24% year-over-year to $1.495 billion as of March 31, 2025 [22] Operational Developments - FLNG Gimi is in the final stages of commissioning, with the Commercial Operations Date (COD) expected in Q2 2025, which will unlock approximately $3 billion in Adjusted EBITDA backlog for Golar [4][7] - The MKII FLNG conversion project is on schedule for a Q4 2027 delivery, with $0.7 billion already spent on the conversion [8][10] - Golar has signed definitive agreements for a 20-year charter for the MKII FLNG, which, combined with FLNG Hilli, will create one of the largest FLNG development projects globally with a capacity of 5.95 million tons per annum [7][11] Strategic Agreements - The two FLNG agreements with Southern Energy are projected to add $13.7 billion in Adjusted EBITDA backlog over 20 years, with inflationary adjustments and commodity-linked tariff upside [11][12] - Golar's 10% equity stake in SESA provides additional commodity exposure, equating to approximately $28 million in annual exposure for every $1/MMBtu change in achieved FOB prices [13][14] - The charter agreements are subject to strong legal protections under Argentina's Large Investments Incentive Scheme (RIGI), ensuring regulatory stability and security of exports [16][20] Debt and Financing - A $1.2 billion debt facility to refinance FLNG Gimi was signed with a consortium of Chinese leasing companies, expected to generate net proceeds of approximately $530 million for Golar [6] - Golar is exploring alternatives for asset-level financing for MKII FLNG following the secured FID [9] - As of March 31, 2025, Golar's total cash was $678 million, with a net debt position of $817 million after accounting for cash [28][39]

Core Points - Golar LNG Limited held its 2025 Annual General Meeting on May 20, 2025, in Bermuda, where the audited consolidated financial statements for the year ended December 31, 2024, were presented [1][2] - The company expressed gratitude to retiring board members Georgina Sousa and Thorleif Egeli for their two decades of service, highlighting their role in transforming Golar from a shipping company to a pure play FLNG business [1] - New directors Benoît de la Fouchardiere and Mi Hong Yoon were welcomed to the board, with both having previously contributed to Golar's success [2] Resolutions Passed - The maximum number of Directors was set to not exceed eight [3] - Casual vacancies in the Board of Directors can be filled at the Board's discretion [3] - Re-elections were held for several directors, including Tor Olav Trøim, Daniel W. Rabun, Carl E. Steen, Niels G. Stolt-Nielsen, and Lori Wheeler Naess [3] - Benoît de la Fouchardiere and Mi Hong Yoon were elected as new Directors [3] - Ernst & Young LLP was re-appointed as auditors, with the Directors authorized to determine their remuneration [3] - The total remuneration for the Company's Board of Directors was approved, not to exceed US$2,000,000 for the year ended December 31, 2025 [3]

Group 1 - Golar's Q1 2025 results will be released before NASDAQ opens on May 27, 2025, due to a scheduled official State visit to the GTA Hub in Mauritania and Senegal [1] - A webcast presentation will take place at 1:00 P.M (London Time) on the same day, and it will be available for download from the Investor Relations section of the company's website [1] - Participants are encouraged to join the conference call via the live webcast link, with a recommendation to connect 10 minutes prior to the call start [1] Group 2 - For the teleconference, participants must register to obtain dial-in and passcode details, which helps eliminate wait times [3] - Participants can join the call by dialing in with provided numbers and their unique PIN or by using the "Call me" option for instant connection [3] - Presentation materials can be downloaded from the company's website to view while listening to the conference [4] Group 3 - A replay of the event audio will be available for a limited time on the company's website for those unable to listen live [4] - The information is subject to disclosure requirements under the Norwegian Securities Trading Act [4]

Core Viewpoint - Golar LNG Limited has announced the Final Investment Decision for a 20-year re-deployment charter of the FLNG Hilli and signed agreements for a 20-year charter for the MKII FLNG, both to be operated offshore Argentina, which is expected to significantly enhance the company's earnings backlog and commodity exposure [1][2][4]. Group 1: Charter Agreements - The two FLNG agreements are projected to contribute US$ 13.7 billion in earnings backlog over 20 years, before adjustments based on US-CPI and commodity-linked tariff upside [2]. - For every US$ 1/mmbtu increase above US$ 8/mmbtu, Golar expects an additional US$ 100 million in earnings when both FLNGs are operational [2]. - SESA has the option to reduce the term of the agreement to 12 years for FLNG Hilli and 15 years for MKII FLNG, subject to a 3-year notice and payment of a fee [2]. Group 2: Commodity Linked Tariff - Golar will receive 25% of realized FOB prices above a threshold of US$ 8/mmbtu, with no cap on the upside for gas prices [3]. - A mechanism allows for a partial reduction in charter hire if FOB prices fall below US$ 7.5/mmbtu, down to a floor of US$ 6/mmbtu, with a maximum accumulated discount capped at US$ 210 million [3]. - Any outstanding discounted charter hire amounts will be repaid through additional upside sharing if FOB prices exceed US$ 7.5/mmbtu [3]. Group 3: Project Support and Infrastructure - The project has received full support from the National and Provincial Governments in Argentina, including a 30-year LNG export authorization and qualification for the Incentive Regime for Large Investments [5]. - The FLNGs will be located offshore in the Gulf of San Matias, monetizing gas from the Vaca Muerta formation, which is the world's second-largest shale gas resource [6]. - SESA plans to construct a dedicated pipeline from Vaca Muerta to the Gulf of San Matias to supply gas to the FLNGs, enhancing operational efficiencies [6]. Group 4: Company and Market Position - Golar LNG Limited is a leading maritime LNG infrastructure company, recognized for pioneering floating LNG projects and currently positioned as a pure play FLNG provider [10]. - The partnership with leading Argentinian gas producers through SESA is expected to establish Argentina as a significant LNG exporter, leveraging the vast resources of the Vaca Muerta formation [7].

Core Insights - GOL Linhas Aéreas Inteligentes S.A. reported its consolidated results for the fourth quarter of 2024, highlighting significant growth in various business segments and operational performance [1] Group 1: Passenger Business - GOL achieved an on-time performance rate of 85.1% in 2024, an increase of 5.4 percentage points compared to 2023, and was recognized as the world's most punctual low-cost airline in January 2025 [7] - The airline increased its capacity (ASK) by 6.8% compared to 4Q23, with a 2.5% rise in unit revenue (RASK) during the same period, indicating a balance between expansion and sustainable revenue quality [7] - GOL maintained the lowest consumer complaint rate in Brazil for 2024, as per the "ANAC Consumer Monitoring Bulletin" [7] Group 2: Loyalty Program (Smiles) - Clube Smiles grew by 7.2% in customer numbers in 4Q24 compared to 4Q23, reaching 1.2 million customers [7] - Smiles revenue increased by 4.5% in 4Q24 compared to 3Q24, and ended the year with a 6.5% increase compared to FY23 [7] - Miles redeemed grew by 17.9% in 4Q24 versus 4Q23, with a notable 5.7 percentage point increase in the share of miles redeemed for non-airline products and services [7] Group 3: Cargo Business (GOLLOG) - GOLLOG surpassed R$ 1 billion in annual revenue for the first time, achieving nearly R$ 1.3 billion in FY24, a growth of 32% compared to FY23 [7] - In 2024, GOLLOG transported 2.9 million packages and celebrated its 24th anniversary in January 2025 [7] - The cargo unit operates 58 cargo terminals and 60 stores, covering over 4,000 cities, enhancing its service infrastructure across Brazil [7]