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Hamilton, Bermuda, November 28, 2023 GasLog Ltd. ("GasLog" or "Company") (NYSE: GLOG.PRA) today announced that the Company will redeem 4,341,681 shares of its outstanding 8.75% Series A Cumulative Redeemable Perpetual Preference Shares (the "Series A Preference Shares", and the redemption thereof, the "Partial Redemption") held by shareholders of record as of November 27, 2023, pursuant to that certain Certificate of Designations, dated as of March 30, 2015 (the "Certificate of Designations"). The Company expects the redemption date for the Series A Preference Shares being redeemed in connection with the Partial Redemption to occur on December 28, 2023 (the "Redemption Date"). The redemption price of the Series A Preference Shares will be $25.00 per share plus accrued and unpaid dividends in respect of the Series A Preference Shares up to, but not including, the Redemption Date (the "Redemption Price"). Upon redemption, the Series A Preference Shares being redeemed in connection with the Partial Redemption will no longer be outstanding and all rights with respect to such stock will cease and terminate, other than the right to receive payment of the Redemption Price. The Series A Preference Shares not redeemed in connection with the Partial Redemption shall remain issued and outstanding and subject to all the terms provided in the Certificate of Designations. The information contained in this Press Release does not constitute a notice of redemption with respect to the Series A Preference Shares. The Series A Preference Shares are held through The Depository Trust Company ("DTC") and will be redeemed in accordance with the procedures of DTC. Payment to DTC for the Series A Preference Shares will be made by Equiniti Trust Company, LLC, the Company's redemption agent (the "Redemption Agent"), in accordance with the terms set forth in the Redemption Agent Agreement that governs the redemption of the Series A Preference Shares. All questions about the notice of partial redemption and related materials should be directed to the Redemption Agent at the following address and phone number: GasLog Ltd. press release 
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