STEAMSHIP MUTUAL UNDERWRITING ASSOCIATION LIMITED Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registered in England and Wales – Registration number 105461. PRA and FCA registration number 202548) MANAGERS: STEAMSHIP P&I MANAGEMENT LLP SPIM is an appointed representative of Steamship Insurance Management Services Limited which is authorised and regulated by the Financial Conduct Authority (Registered in England and Wales – Registration Number OC376859. FCA registration number 597046) 155 Bishopsgate, Floor 6, London, EC2M 3TQ Tel + 44 20 7247 5490 Club Circular EU Russian LNG import ban February 2026 To the Members On 26 January 2026, the 27 EU Member States formally adopted the ban on the import of LNG into the EU, as previously detailed in the 19th EU sanctions package and in Club Circular L.469. Further, the FAQs published on 21 November 2025 here confirmed that the prohibition includes not only the import of Russian LNG into the EU but also the transport of Russian LNG to third countries. It is also prohibited to provide technical or financial assistance, including insurance, related to these prohibitions. Members are reminded of the applicable wind-down periods as set out in the Circular. Yours faithfully, Steamship Mutual Underwriting Association Limited. Circular No. L.477