HAMILTON, Bermuda, October 14, 2025— On September 16, 2025, Höegh LNG Partners LP announced the commencement of its offer to purchase (the “Tender Offer”) for cash up to $35,000,000.00 aggregate purchase price of its 8.75% Series A Cumulative Redeemable Preferred Units (the “Series A Preferred Units”). The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on October 16, 2025, unless extended (the “Expiration Date”).
For each Series A Preferred Unit that is accepted in the Tender Offer, the holder will receive $19.50 (the “Purchase Price”) plus all accumulated and unpaid distributions on such Series A Preferred Units through the settlement date for the Tender Offer. The Partnership will pay the Purchase Price plus all such accumulated and unpaid distributions on such Series A Preferred Units it purchases promptly after the Expiration Date and the acceptance of the Series A Preferred Units for purchase.
The complete terms and conditions of the Tender Offer are set forth in the Offer to Purchase that is posted on the Partnership’s website at www.hoeghlngpartners.com. The Offer to Purchase and the related Letter of Transmittal may be obtained from the Tender and Information Agent, D.F. King & Co., Inc., at (877) 732-3617 (toll free) for unitholders, (212) 596-7580 for banks and brokers or Hoegh@dfking.com.
THIS PRESS RELEASE IS NEITHER AN OFFER TO PURCHASE NOR A SOLICITATION OF AN OFFER TO SELL ANY SERIES A PREFERRED UNITS. THIS PRESS RELEASE IS NOT A SOLICITATION FOR ACCEPTANCE OF THE TENDER OFFER. THE PARTNERSHIP IS MAKING THE TENDER OFFER ONLY BY, AND PURSUANT TO THE TERMS OF THE OFFER TO PURCHASE, THE LETTER OF TRANSMITTAL AND OTHER RELATED DOCUMENTS POSTED ON ITS WEBSITE. THE TENDER OFFER WILL NOT BE MADE TO RESIDENTS OF ARIZONA. THE TENDER OFFER IS NOT BEING MADE IN ANY JURISDICTION IN WHICH THE MAKING OR ACCEPTANCE THEREOF WOULD NOT BE IN COMPLIANCE WITH THE SECURITIES, BLUE SKY OR OTHER LAWS OF SUCH JURISDICTION. NONE OF THE PARTNERSHIP, ITS BOARD OF DIRECTORS, OFFICERS OR EMPLOYEES OR THE TENDER AND INFORMATION AGENT FOR THE TENDER OFFER MAKES ANY RECOMMENDATION IN CONNECTION WITH THE TENDER OFFER. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER, SOLICITATION OR SALE IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE IS UNLAWFUL.
Forward-Looking Statements
This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws, including, without limitation, information concerning the terms and timing of the Tender Offer. The Partnership may modify the terms or timing of the Tender Offer with requisite notice. All statements, other than statements of historical facts, that address activities, events or developments that the Partnership expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. You are cautioned not to rely on these forward-looking statements, which speak only as the date of this release. The Partnership undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this release.