July 12, 2019. Hamilton, Bermuda Flex LNG Ltd (“Flex LNG” or the “Company”) hereby announces that Mr. Halfdan Marius Foss, Head of Shipping and Operations of Flex LNG Management AS, has today acquired 1,014 shares in Flex LNG at a price of NOK 107.

Following the transaction, Mr. Foss holds 1,264 shares in Flex LNG and options for a further 45,000 shares. These options have a strike price of $ 14.3 per share equivalent to about NOK 122.3 per share with USD/NOK 8.55 and vest equally one third over a three-year vesting period.

For more info please contact: Harald Gurvin, Chief Financial Officer. Telephone +47 23 11 40 00 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the continuing obligations of Oslo Børs.