
The Board of BW LPG Limited (&#34;BW LPG&#34; or the &#34;Company&#34;, OSE ticker code: &#34;BWLPG.OL&#34;, NYSE ticker code: &#34;BWLP&#34;) is pleased to announce the appointment of Kevin James Mackay as a Member of the Board of Directors.


Mr.

<p xmlns="http://www.w3.org/1999/xhtml">
The Board of BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") is pleased to announce the appointment of Kevin James Mackay as a Member of the Board of Directors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mr. Mackay brings with him more than 35 years of extensive global leadership and management experience across the maritime and energy industries. Over the course of his career, he has held a number of senior executive positions at leading international organisations, including ConocoPhillips, Phillips 66 and AET Inc. Most recently, he served as President and Chief Executive Officer of NYSE-listed Teekay Tankers Ltd. for a decade, where he successfully led the company through a period of significant transformational growth.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Commenting on the appointment, BW LPG Board Chairman, Mr. Andreas Sohmen-Pao, says: "We are delighted to welcome Mr. Mackay to the BW LPG Board. His deep industry knowledge and strong track record in strategic planning, commercial leadership and business development will bring valuable insights and a strong strategic perspective to the Board. We look forward to benefiting from his expertise as BW LPG continues to pursue its long-term growth ambitions."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About BW LPG</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers (VLGCs), including over 20 vessels powered by LPG dual-fuel propulsion technology. Building on over five decades of LPG shipping experience, the company is strengthened by an in-house LPG trading division and the commercial expertise to explore investments in value chain assets. Together, these capabilities enable BW LPG to provide trusted and reliable services for sourcing and delivering LPG to customers worldwide. Delivering energy for a better world – more information about BW LPG can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fapc01.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.bwlpg.com%252F%26data%3D05%257C02%257CAline.Anliker%2540bwlpg.com%257C1000c5f8c1f9448d89be08dd3b7fa173%257C56b0569456154d39b00694e7626bb046%257C0%257C0%257C638732141559382081%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DMcxm9WhJcYs12zgkr8lH%252BjuyL8%252BWaS6Ox9NbgAgW6wU%253D%26reserved%3D0&amp;esheet=54543973&amp;newsitemid=20260528362327&amp;lan=en-US&amp;anchor=www.bwlpg.com&amp;index=1&amp;md5=27d055007ba8bea14777eb45675aa083" shape="rect">www.bwlpg.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil &amp; gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 400 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, and water treatment.

</p><p xmlns="http://www.w3.org/1999/xhtml">
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260528362327r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260528362327/en/" rel="nofollow">https://www.businesswire.com/news/home/20260528362327/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For further information, please contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Kristian Sørensen, CEO
<br xmlns="http://www.w3.org/1999/xhtml"></br>Samantha Xu, CFO
<br xmlns="http://www.w3.org/1999/xhtml"></br>E-mail: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investor.relations@bwlpg.com" shape="rect">investor.relations@bwlpg.com</a>

</p>

BWLP

BW LPG Limited Announces New Board Member

BW LPG Adds Veteran Leader to Board to Guide Growth

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>The Board of BW LPG Limited (&amp;#34;BW LPG&amp;#34; or the &amp;#34;Company&amp;#34;, OSE ticker code: &amp;#34;BWLPG.OL&amp;#34;, NYSE ticker code: &amp;#34;BWLP&amp;#34;) is pleased to announce the appointment of Kevin James Mackay as a Member of the Board of Directors.


Mr.</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BW LPG announced the appointment of Kevin James Mackay as a member of its board. Mackay brings 35+ years of global leadership across maritime and energy sectors, including a decade as CEO of Teekay Tankers. The move signals stronger governance and could enhance BW LPG&#039;s ability to execute its long-term growth strategy through his strategic and commercial expertise.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BW LPG appoints Kevin James Mackay to its Board. Adds veteran leadership.</li><li>Mackay has 35+ years in maritime and energy sectors. Most recently CEO of Teekay Tankers.</li><li>Former Teekay Tankers CEO led transformational growth. Highlights strategic and commercial leadership.</li><li>BW LPG aims for long-term growth with governance depth. Board addition aligns with expansion plan.</li><li>Market reaction not yet clear; potential long-term upside. Analysts watching for strategic moves.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>BW LPG Limited (BWLP)</strong>: Board appointment signals governance enhancement and potential strategic momentum.</li><li><strong>Teekay Tankers Ltd. (TNK)</strong>: Former CEO Mackay; leadership background could bolster BWLP&#039;s growth and industry ties.</li><li><strong>ConocoPhillips (COP)</strong>: Mackay&#039;s broad energy-sector background adds credibility in energy markets.</li><li><strong>Phillips 66 (PSX)</strong>: Cross-industry leadership experience in downstream energy.</li><li><strong>AET Inc. (AET)</strong>: Experience in tanker shipping may inform BWLP strategic decisions.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article fits governance and leadership-change analysis, signaling potential long-term improvements to BWLP&#039;s strategy as the leading LPG vessel operator.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Positive governance signal could support BWLP&#039;s long-term growth narrative.</li><li>No near-term financial guidance changes implied; stock reaction may be muted.</li><li>Mackay&#039;s Teekay Tankers track record may aid strategic partnerships and capital planning.</li><li>Industry LPG shipping dynamics remain macro-influenced but unrelated to the appointment.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BW LPG fleet ~50 VLGCs.</li><li>&gt;20 vessels powered by LPG dual-fuel propulsion.</li><li>Appointed Kevin James Mackay as BW LPG Board Member.</li><li>Mackay previously President &amp; CEO of Teekay Tankers Ltd. for a decade.</li><li>BW LPG is the world&#039;s leading owner and operator of LPG vessels.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 6–12 months on governance and growth execution; near-term price impact likely muted.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
The Board of BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") is pleased to announce the appointment of Kevin James Mackay as a Member of the Board of Directors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mr. Mackay brings with him more than 35 years of extensive global leadership and management experience across the maritime and energy industries. Over the course of his career, he has held a number of senior executive positions at leading international organisations, including ConocoPhillips, Phillips 66 and AET Inc. Most recently, he served as President and Chief Executive Officer of NYSE-listed Teekay Tankers Ltd. for a decade, where he successfully led the company through a period of significant transformational growth.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Commenting on the appointment, BW LPG Board Chairman, Mr. Andreas Sohmen-Pao, says: "We are delighted to welcome Mr. Mackay to the BW LPG Board. His deep industry knowledge and strong track record in strategic planning, commercial leadership and business development will bring valuable insights and a strong strategic perspective to the Board. We look forward to benefiting from his expertise as BW LPG continues to pursue its long-term growth ambitions."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About BW LPG</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers (VLGCs), including over 20 vessels powered by LPG dual-fuel propulsion technology. Building on over five decades of LPG shipping experience, the company is strengthened by an in-house LPG trading division and the commercial expertise to explore investments in value chain assets. Together, these capabilities enable BW LPG to provide trusted and reliable services for sourcing and delivering LPG to customers worldwide. Delivering energy for a better world – more information about BW LPG can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fapc01.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.bwlpg.com%252F%26data%3D05%257C02%257CAline.Anliker%2540bwlpg.com%257C1000c5f8c1f9448d89be08dd3b7fa173%257C56b0569456154d39b00694e7626bb046%257C0%257C0%257C638732141559382081%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DMcxm9WhJcYs12zgkr8lH%252BjuyL8%252BWaS6Ox9NbgAgW6wU%253D%26reserved%3D0&amp;esheet=54543973&amp;newsitemid=20260528362327&amp;lan=en-US&amp;anchor=www.bwlpg.com&amp;index=1&amp;md5=27d055007ba8bea14777eb45675aa083" shape="rect">www.bwlpg.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil &amp; gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 400 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, and water treatment.

</p><p xmlns="http://www.w3.org/1999/xhtml">
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260528362327r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260528362327/en/" rel="nofollow">https://www.businesswire.com/news/home/20260528362327/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For further information, please contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Kristian Sørensen, CEO
<br xmlns="http://www.w3.org/1999/xhtml"></br>Samantha Xu, CFO
<br xmlns="http://www.w3.org/1999/xhtml"></br>E-mail: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investor.relations@bwlpg.com" shape="rect">investor.relations@bwlpg.com</a>

</p>

BW LPG announced the appointment of Kevin James Mackay as a member of its board. Mackay brings 35+ years of global leadership across maritime and energy sectors, including a decade as CEO of Teekay Tankers. The move signals stronger governance and could enhance BW LPG's ability to execute its long-term growth strategy through his strategic and commercial expertise.

BW LPG Limited Announces New Board Member

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News