MPC Container Ships ASA: Registration of share capital decrease

Oslo, 18 May 2022

Reference is made to the resolution by the extraordinary general meeting of MPC Container Ships ASA (the "Company") on 28 January 2022, to reduce the share capital of the Company from NOK 444,051,377 to NOK 443,700,279, by cancellation of in total 351,098 of the Company's treasury shares.

The share capital reduction has now been registered with the Norwegian Register of Business Enterprises. Following the share capital reduction, the Company's share capital is NOK 443,700,279, divided into 443,700,279 shares, each with a nominal value of NOK 1.

The above information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact ir@mpc-container.com.

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage provider with a focus on small to mid-size containerships. Its main activity is to own and operate a portfolio of container ships serving intra-regional trade lanes on fixed-rate charters. The Company is registered and has its business office in Oslo, Norway. For more information, please see our website: www.mpc-container.com.