Flex LNG Ltd. Officer-Related SEC Filing

Knut Traaholt, Chief Financial Officer of Flex LNG Ltd., exercised 20,348 vested synthetic options on September 17, 2026. These are cash-settled options granted on June 24, 2025, under the Issuer's Synthetic Option Scheme. The exercise value was based on the closing price of $32.52 per share on the NYSE, less a strike price of $20.00 per share, with adjustments for dividends. No ordinary shares were issued. This exercise pertains to the first tranche of options, which vested on June 24, 2026. Traaholt will own 124,614 shares post-transaction.