Stabilis GDS Signs $32,400/Day, 2-Year Time Charter For LNG Bunkering Vessel Garibaldi; Company Will Also Pay The Owners A ~$1M Positioning Fee To Move The Garibaldi From Western Canada To Galveston, Texas

On December 12, 2025, Stabilis GDS, Inc. ("Stabilis GDS"), a wholly-owned subsidiary of Stabilis Solutions, Inc. ("Stabilis" and collectively with Stabilis GDS, the "Company"), entered into a time charter agreement (the "Agreement") with Seaspan Energy Ltd. (the "Owners") for the time charter of a liquified natural gas bunkering vessel (the "Garibaldi"). The Company intends to use the Garibaldi for marine bunkering of LNG. Pursuant to the Agreement, Stabilis GDS will pay the Owners $32,400 per day for 730 days (two years) for the time charter of the Garibaldi. Delivery date of the Garibaldi to the Company and the time charter commencement date are expected to be on or about March 1, 2026.

Under the Agreement, the Company will also pay the Owners a positioning fee to move the Garibaldi from western Canada to Galveston, Texas. The positioning fee is estimated to be approximately $1.0 million.

The Agreement provides an option for Stabilis GDS to extend the term of the time charter for an additional 365 days (one year) and an option for Stabilis GDS to purchase the Garibaldi for $60 million during the term of the time charter.

Stabilis has guaranteed the obligations of Stabilis GDS under the Agreement.