Hadjipateras-Led Dorian LPG Ltd. Reports Strong Fourth Quarter Results as VLGC Rates Rose in International Shipping News 06/02/2026 Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), yesterday reported its financial results for the three months ended December 31, 2025. Key Recent Development Declared an irregular dividend totaling approximately $29.9 million, or $0.70 per share, to be paid on or about on or about February 24, 2026 to all shareholders of record as of February 9, 2026. Highlights for the Third Quarter Fiscal Year 2026 Revenues of $120.0 million. Time Charter Equivalent (“TCE”) (1) rate per available day for our fleet of $50,333. Net income of $47.2 million, or $1.11 earnings per diluted share (“EPS”), and adjusted net income (1) of $47.4 million, or $1.11 adjusted earnings per diluted share (“adjusted EPS”). (1) Adjusted EBITDA (1) of $74.2 million. Declared an irregular cash dividend totaling $27.8 million in November 2025, which was paid in December 2025. John C. Hadjipateras, Chairman, President and Chief Executive Officer of the Company, commented, “Our seafaring and shoreside team delivered a strong operating performance in the quarter. We declared our 17th consecutive quarterly irregular dividend bringing total capital returned including buy backs, since our IPO, to over $960 million. Last quarter the VLGC market again reached a new export record. Demand, as well as freight rates have continued to be strong into the current quarter. We look forward to the delivery, in March, of a newbuilding dual fuel VLGC/AC.” Third Quarter Fiscal Year 2026 Results Summary Net income amounted to $47.2 million, or $1.11 per diluted share, for the three months ended December 31, 2025, compared to $21.4 million, or $0.50 per diluted share, for the three months ended December 31, 2024. Adjusted net income amounted to $47.4 million, or $1.11 per diluted share, for the three months ended December 31, 2025, compared to adjusted net income of $18.5 million, or $0.43 per diluted share, for the three months ended December 31, 2024. Adjusted net income for the three months ended December 31, 2025 is calculated by adjusting net income for the same period to exclude an unrealized loss on derivative instruments of $0.2 million. Please refer to the reconciliation of net income to adjusted net income, which appears later in this press release. The $28.9 million increase in adjusted net income for the three months ended December 31, 2025, compared to the three months ended December 31, 2024, is primarily attributable to (i) an increase of $39.3 million in revenues; (ii) decreases of $1.8 million in interest and finance costs, $0.7 million of which is due to increased capitalized interest, and $1.5 million in vessel operating expenses, and (iii) a favorable change of $0.6. million in other gain/(loss), net; partially offset by increases of $7.6 million in charter hire expenses, $3.3 million in general and administrative expenses, $0.7 million in voyage expenses, $0.7 million in profit sharing expenses; $0.6 million in depreciation and amortization expenses; and decreases of $1.0 million in interest income and $0.4 million in realized gain on derivatives. The TCE rate per available day for our fleet was $50,333 for the three months ended December 31, 2025, a 39.5% increase from $36,071 for the same period in the prior year. Please see footnote 5 to the table in “Financial Information” below for information rela