GlobeNewswire Inc | Nov 16, 2021 10:29AM EST

November 16, 2021

Correction to the date of payment of dividends in NOK to shares held with Euronext VPS:Dividends payable to shares registered with Euronext VPS will be distributed on or about 17 December, 2021.

Key information relating to the dividend to be paid by Flex LNG Ltd. for thethird quarter 2021:

Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository

Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, we have been informed that the payment date to shares registered in Euronext VPS will change from previous quarters. See details below.

Dividend amount: $0.75

Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK.

Last day including right 30 November, 2021

Ex-date: 1 December, 2021

Record date: 2 December, 2021

Payment date: On or about 14 December, 2021. Dividends payable to shares registered with Euronext VPS will be distributed on or about 17 December, 2021.

Date of approval: 16 November, 2021

For more info please contact:

Knut Traaholt, Chief Financial Officer of Flex LNG Management AS

Telephone: +47 23 11 40 00Email: IR@flexlng.com

About FLEX LNG

Flex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG). Our fleet consists ofthirteenLNG carriers on the water and all of our vessels are state-of-the-art ships with the latest generation two-stroke propulsion (MEGI and X-DF). These modern ships offers significant improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. During 2021, we have build up a significant contract backlog while maintaining market exposure to capture the opportunites in the growing LNG shippingmarket. Flex LNG is listed both on the New York Stock Exchange (NYSE) and Oslo Stock Exchange (OSE) under the ticker FLNG.

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.