Flex LNG - Launch of Share Buyback Program

Core Viewpoint - Flex LNG Ltd. has authorized a share buyback program allowing the repurchase of up to $15 million of its outstanding shares, which will be executed on the Oslo Stock Exchange and the New York Stock Exchange [1][2][3]. Group 1: Share Buyback Program Details - The share buyback program will commence on August 20, 2025, and continue through November 27, 2025, with a maximum limit of 900,000 shares to be repurchased [3]. - The shares purchased will be held as treasury shares, and the actual timing, number, and value of shares repurchased will depend on various factors including market conditions and compliance with regulations [3]. - The amount utilized for the share buyback will be treated independently from future dividend considerations, which remain at the discretion of the Board of Directors [4]. Group 2: Compliance and Regulations - The repurchase of shares on the Oslo Stock Exchange will comply with the Market Abuse Regulation (EU) No 596/2014, while repurchases on the NYSE will adhere to U.S. securities laws, including Rule 10b-18 [2][3].