As at 1 October 2021
| No. of Shares | % of Shares Issued | Name | |
|---|---|---|---|
| 1 | 56,807,126 | 40.02 | BW Group Limited |
| 2 | 10,868,579 | 7.66 | FOLKETRYGDFONDET |
| 3 | 7,281,143 | 5.13 | JPMorgan Chase Bank, N.A., London |
| 4 | 3,629,345 | 2.56 | BW LPG Holding LTD |
| 5 | 2,662,203 | 1.88 | State Street Bank and Trust Comp |
| 6 | 2,061,027 | 1.45 | Brown Brothers Harriman & Co. |
| 7 | 2,000,000 | 1.41 | JPMBL OMNIBUS COLLATERAL NO |
| 8 | 1,650,979 | 1.16 | Goldman Sachs International |
| 9 | 1,603,341 | 1.13 | Nordnet Bank AB |
| 10 | 1,507,641 | 1.11 | Citibank, N.A. |
| 11 | 1,507,507 | 1.06 | JPMorgan Chase Bank, N.A., London A/C VANGARD BBH LENDING ACCOUNT |
| 12 | 1,241,229 | 0.87 | The Bank of New York Mellon |
| 13 | 1,217,095 | 0.86 | CLEARSTREAM BANKING S.A. |
| 14 | 1,202,267 | 0.85 | State Street Bank and Trust Comp A/C WEST NON-TREATY ACCOUNT |
| 15 | 1,083,451 | 0.76 | PIONEER MULTI-ASSET INCOME FND |
| 16 | 1,081,081 | 0.76 | Morgan Stanley & Co. International |
| 17 | 1,014,037 | 0.71 | VERDIPAPIRFONDET DNB SMB |
| 18 | 1,000,000 | 0.70 | STAVERN HELSE OG FORVALTNING AS |
| 19 | 971,628 | 0.68 | JPMBLSA RECLT LUX RES LEND |
| 20 | 849,578 | 0.60 | VERDIPAPIRFONDET KLP AKSJENORGE IN |
BW LPG does not, on a regular basis, publish a list of beneficial owners based on the list of the 20 largest shareholders. Information on the identity of beneficial owners is not easily obtained, but the Company may in due course endeavour to publish this list, while considering applicable laws and regulations.