DHT Holdings, Inc. announces 100% of net income as new dividend policy

Hamilton, Bermuda - September 8, 2022

DHT Holdings, Inc. (NYSE:DHT) ("DHT" or the "Company") today announces a new dividend policy with 100% of net income being returned to shareholders in the form of quarterly cash dividends.

The new policy will be implemented from the third quarter of 2022.

Svein Moxnes Harfjeld, President & CEO, stated: "The key considerations behind the new policy are the strength of our balance sheet and liquidity position in combination with no current plans for significant capital expenditures.

The timing of the decision and its implementation reflects our constructive market outlook."

About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway and Singapore.

You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect to investments, employment of our fleet, and capital allocation; and our transparent corporate structure maintaining a high level of integrity and good governance. For further information please visit www.dhtankers.com.

DHT Holdings, Inc. press release