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10 Intelligence and Security School. Morten W. Høegh is a Norwegian citizen and he resides in the United Kingdom. Morten W. Høegh is the primary beneficiary under a family trust which, together with Leif O. Høegh, (i) is the majority shareholder of Leif Höegh & Co. Ltd, which owns 41.56% of the shares in Höegh LNG and 287,500 common units in Höegh LNG Partners LP (HMLP) and (ii) indirectly controls four Brompton Cross entities, which are co-investment vehicles for management of Höegh Capital Partners and owns a total of 0.17% of the shares in Höegh LNG and 45,000 common units in HMLP. In addition, Morten W. Høegh owns 4,356 shares in Höegh LNG. William Homan-Russell (born 1979) works for Tufton Oceanic Limited, a leading fund management firm in the maritime and energy sectors. William Homan-Russell oversees Tufton s publicly listed shipping investments in its Oceanic Hedge Fund product. He originally joined the firm in 2003 as a credit analyst for Tufton s leasing products, moving across to the OHF in William Homan- Russell holds an MSc in Finance from London Business School and an MA in Mathematics from Oxford University. He is a British citizen and resides in the United Kingdom. William Homan-Russell owns 850 shares in Höegh LNG and 1,900 common units in HMLP. 4 The recommendation in respect of remuneration to the Directors and the members of the Nomination Committee The Nomination Committee shall make a recommendation as to the remuneration of the members of the Board and the Nomination Committee. The 2015 AGM resolved that each of the Directors except Cameron E. Adderley and Timothy J. Counsell, would receive a payment of USD 35,000 in cash plus shares worth USD 15,000 as remuneration for the period from the 2015 AGM until the conclusion of the 2016 AGM. Further, it was resolved that the chairman of the Audit Committee and the Governance, Compliance and Compensation Committee each receive USD 10,000 in cash as payment for services rendered by them as chairmen in the period from the date of the 2015 AGM until the conclusion of the 2016 AGM. Finally, it was resolved that Estera Services (Bermuda) Limited should be paid an amount of USD 40,000 per annum to provide two Bermuda resident Directors. Cameron E. Adderley and Timothy J. Counsell are the two Bermuda resident Directors provided by Estera Services (Bermuda) Limited. Both are directors and shareholders of the Company s Bermuda counsel, Appleby (Bermuda) Limited and beneficial owners of the related service company, Estera Services (Bermuda) Ltd. until it was sold to a private equity firm in Neither Cameron E. Adderley nor Timothy J. Counsell personally receive any remuneration for serving as Directors of the Company. The Nomination Committee recommends that the current Directors receive the same compensation in respect of the period from the 2016 AGM until the conclusion of the 2017 AGM: The Nomination Committee proposes that the following Directors: Morten W. Høegh, Leif O. Høegh, Andrew Jamieson, Christopher G. Finlayson, Jørgen Kildahl and Ditlev Wedell-Wedellsborg each receive for the services rendered by them as Directors in the period between the 2016 AGM and the conclusion of the 2017 AGM payment of USD 35,000 in cash, plus the issue of a number of common shares of the Company of par value of USD 0.01 in the capital of the Company equal to the number that could be purchased on the Oslo Børs for USD 15,000 at the close of business on the date of the 2017 AGM (rounded down to the nearest whole share). The Company s shares are traded in Norwegian Kroner and the exchange rate for Norwegian Kroner and US Dollars, which will be used to calculate the shares to be issued to the said Directors will be the exchange rate on the date of the 2017 AGM listed on the official website of Norges Bank. The shares will be issued and the cash payment will be made following the conclusion of the 2017 AGM. The Nomination Committee proposes further that Estera Services (Bermuda) Ltd. is paid following the conclusion of the 2017 AGM based on its invoices for the services of the Bermuda resident Director, being Cameron E. Adderley, and the Bermuda resident Alternate Directors, rendered in the period between the 2016 AGM and the conclusion of the 2017 AGM. Page 4 of 5

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