Nordic American Tankers Ltd (NYSE: NAT) - A 2003-built vessel sold for $25 million

February 9, 2026

Dear Shareholders and Investors,

I am pleased to announce that we have entered into a sales agreement for a 2003-built suezmax tanker.

The sales price of the ship is $25 million net to us and the ship has no debt.

Nordic American Tankers Ltd. is in a solid position.

Sincerely,
Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd.

Nordic American Tankers Ltd, press release