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BW LPG Limited - Management Share Option Plan “LTIP 2022” – Award of Share Options

1. BW LPG's board approved share options for management to align interests. 2. This is the fourth annual award under the LTIP launched in 2022.

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FAQ

Why Bullish?

Share options can incentivize management and align their interests with shareholder value. Historically, such moves can lead to positive price movements as investor confidence increases.

How important is it?

The decision indicates a commitment to retaining talent and driving shareholder value, suggesting confidence and stability in BWLP’s future performance.

Why Long Term?

Aligning management interests may take time to reflect in stock performance, similar to other firms where long-term incentive plans have fostered sustainable growth.

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SINGAPORE--(BUSINESS WIRE)--The Board of Directors of BW LPG Limited (“BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP) has approved the award of share options to senior management and certain employees of the Company. This is the fourth annual award of share options under the five-year long-term management share option plan (“LTIP 2022”) which was launched on 1 Mar 2022. LTIP 2022 is aimed at aligning the interests of senior management and key employees of the Com.

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