Wilson signs contract for the construction of six Conoship's

Wilson ASA, a leading European player in the short-sea market, announces the signing of a
significant contract for the construction of six Conoship’s 3,800 dwt future-proof
newbuildings with a focus on environmental benefits, flexibility, and efficiency. In addition,
Wilson can declare an option for eight more vessels, totalling the order of 14 vessels. This
milestone underscores Wilson's commitment to a sustainable and forward-looking maritime
industry. Conoship’s 3,800 DWT is an innovative General Cargo Vessel for the short-sea shipping trade.

The powering and propulsion of the vessel is by means of electro motors in combination with
diesel generator sets. The propeller has a large diameter ensuring, in combination with a
ConoDuctTail® and the optimised hull lines, the best possible efficiency, and lowest possible
fuel consumption. The design provides the possibility of an easy conversion of the type of
fuel in the future.

In an ever-evolving industry, Wilson and Conoship believe flexibility is key, and the
newbuildings are designed to adapt to a wide range of fuel and energy types going forward.
The contracted newbuildings will reduce environmental impact and enhance efficiency. The
vessels are designed to meet and surpass environmental standards required in today's
maritime industry and it is a step in the right direction to further reduce the shipping carbon
footprint.

The vessels will be constructed at Cochin Shipyard, in Kerala, India and the plan is for the newbuildings to be ready for delivery by early 2025.