Hamilton, Bermuda. March 23, 2020. Flex LNG Ltd (“Flex LNG” or the “Company”) hereby announces that Nikolai Grigoriev, a board member of Flex LNG Ltd, has today acquired 16,400 shares at a price of USD 3.77. Following the transaction, Mr. Grigoriev holds 24,421 shares in Flex LNG.

For more info please contact: Harald Gurvin, Chief Financial Officer of Flex LNG Management AS. 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.