FLEX LNG Ltd.

Welcome back to Flex LNG second quarter 2026 result presentation. Hope you all have a great summer. My name is Marius Foss. I'm the CEO of Flex LNG and today I'm joined by our CFO Knut Traaholt, who will walk you through the financial later in the presentation. Today we will summarize the second quarter results and provide an update on the LNG shipping markets. As always, we will conclude this webcast with a Q&A session.

If you'd like to ask questions, please use the chat function in the webcast or send questions by email to ir at flexlng.com Before we start, we would like to highlight the following. We are using certain non-GAAP measures such as TCE, adjusted EBTA and adjusted net income. These are supplements to the earnings report, reported in accordance with US GAAP. The reconciliations of these non-GAAP measures are available in the earnings report released today. There are also limitations to the completeness of our presentation. Therefore, we encourage you to read the quarterly report together with today's presentation. And with that, back to you, Marius.

Thank you, Knut. Let's begin with the highlights of the quarter. We are happy to present very strong results for the second quarter. We failed in revenues of close to $107 million, or close to $103 million, excluding the EUAs. This is our second best quarter since the fourth quarter of 2021. The fleet average TCE during the quarter ended up at $86,100 per day. Net income for the second quarter came in at $44.9 million, implying an earnings per share of 83 cents. When adjusting for unraised gains and interest rates, swaps and FX, we ended up with adjusted net income of $42.5 million, or adjusted earnings per share at 79 cents. Flex Artemis and Flex Volunteer have traded in a strong spot market in the second quarter and contributed to our solid quarterly results. We continue to see elevated geopolitical uncertainty in the LNG space, as the conflict in Iran causes disruption to the LNG flow from the region. Lastly, with the dry docking of Flex Vigilant in June, we have completed all scheduled five-year special service for our fleets. We maintain our full year guidance from last quarter and expect revenues to come in between 345 and 370 million dollars. Similarly, we expect the TCE to come in somewhere between 73 and 78 thousand dollars per day. We expect adjusted EBITDA to come in between 255 and 280 million dollars. With our strong quarter, contract coverage, and solid balance sheets, the Board has declared another dividend of 75 cents per share. This is the 20th consecutive dividend of 75 cents per share, and we have now distributed around $850 million since 2021, including special dividends. Our last 12 months dividend is $3 per share, implying a dividend yield of around 9.7%. Flex Vigeland completed her dry docking in Denmark in June, and this was the third and final dry docking for 2026. The average cost per dry docking came in around $6 million per vessel, as guided, and we spent averagely 17 days in dry dock per vessel. Flex Wiglen marks the final five-year special survey in our fleet of 13 vessels. Looking ahead, we have no dry dockings coming up in 2027, and we will commence our first 10-year docking in 2028. Let's have a look at our contract backlog. Looking at our total contract coverage, we have 51 years of minimum firm backlog, which may grow to 78 years if all options are declared. In the near term, we have close to 89% coverage for remaining available days in 2026. Flex Artemis and Flex Volunteer have both been trading in the spot market in the second quarter and will come open at the end of the third quarter. We are now marketing the vessel both for spot and new term contracts. With our good contract coverage for the remainder of the year, we maintain our guiding with the upgraded last quarter. This means that we expect full year revenues to come in between 345 to 370 million dollars. Similarly, we expect TCE to come in somewhere between 73 and 78 thousand dollars per day. Lastly, we expect the adjusted EBITDA to come in between 255 and 280 million dollars. We are pleased to announce that the Board have declared a dividend of 75 cents per share. Let us briefly revisit the decision factors for the dividends. We maintain the orange level for market outlook. This reflects a softer spot market and heavy schedule of new building deliveries. Looking ahead, we note that low European storage levels going into the cold winter season. Confidence in the long-term structural demand story remains intact, supported by the third wave of US LNG export capacity currently under construction. To keep all the considerations in orange, given the continued elevated geopolitical risk, there is still uncertainty around the duration of the Iran conflict and the timing of normalization of the Qatari supply. Taking all factors into account, the Board has declared another quarterly dividend of 75 cents per share. This brings dividend paid over the last 12 months to $3 per share. The dividend will be paid on about 17th of September to shareholders of record as of 3rd of September. And with that, I hand it over to you Knut for final financial updates.