Dorian LPG amends executive severance plan, revises Change in Control definition to remove carve-outs

DORIAN LPG LTD.

Board approved Amended and Restated Executive Severance and Change in Control Severance Plan on July 24, 2026.
Revised definition of 'Change in Control' removes certain carve-outs no longer appropriate given current shareholders.
New definition aligns with the definition in the Company's Second Amended and Restated 2014 Equity Incentive Plan.
Plan effective July 24, 2026; covers senior executives selected by the Board and listed on Schedule A.
Severance multiples unchanged: 2.0x (non-CIC) and 2.99x (CIC) of Base Salary plus Bonus Amount.

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