Minutes of AGM 2020 and Changes to the Members of the Board and Committees of BW LPG

(Singapore, 21 May 2020)

The Annual General Meeting 2020 of BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) was held on 20 May 2020. All proposed resolutions were resolved.

Please see the attached document for the minutes of the meeting.

BW LPG Limited (2020 AGM Minutes)

As set out in the minutes of the Annual General Meeting 2020 of BW LPG, appointments of Ms. Sonali Chandmal and Mr. Andrew E. Wolff as new members of the Board of Directors, were approved.
Mr. Andreas Beroutsos and Mr. John Harrison have stepped down from the Board. In addition, Mr. Anders Onarheim has also stepped down from the Board of Directors as he has taken on the role of Chief Executive Officer of BW LPG.
Consequent upon Mr. John Harrison and Mr. Anders Onarheim’s resignation from the Board of Directors, they will cease to be members of the Audit Committee. Thus, Ms. Anne Grethe Dalane and Ms. Sonali Chandmal were appointed as new members of the Audit Committee.
Furthermore, the appointment of Mr. Andreas Sohmen-Pao as Chairman of the Remuneration Committee replacing Ms. Anne Grethe Dalane, was approved. Board Member Ms. Martha Kold Bakkevig will remain as a member of the Remuneration Committee.
Mr. Bjarte Bøe and Ms. Elaine Yew Wen Suen were appointed as new members of the Nomination Committee replacing Mr. Ronny Langeland and Mr. Thomas Wamberg. Board Member Mr. Andreas Sohmen-Pao will remain as the Chairman of the Nomination Committee.
Biographies and information relating to the Board Members and members of the Committees of BW LPG can be found at https://www.bwlpg.com/about/our-leaders/.

For further information, please contact:

Elaine Ong, CPA, CA
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
E-mail: elaine.ong@bwlpg.com

Iver Baatvik
Head of Investor Relations
BW LPG Limited
Tel: +65 6705 5519
E-mail: iver.baatvik@bwlpg.com

About BW LPG

BW LPG is the world’s leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million CBM. With five decades of operating experience in LPG shipping and experienced seafarers and staff, BW LPG offers a flexible and reliable service to customers. More information about BW LPG can be found at www.bwlpg.com.
BW LPG is associated with BW Group, one of the world’s leading shipping groups. BW Group controls a fleet of over 360 ships which includes product tankers, LNG and LPG carriers, floating storage and regasification (FSRU) units, dry cargo carriers, crude oil supertankers and floating production storage and offloading (FPSO) units.
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.