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Mandate arrangement for potential tap issue

Odfjell SE has mandated Arctic Securities AS, DNB Markets and Pareto Securities AS to explore the possibility of a potential tap issue of the outstanding bond maturing in June 2022 ISIN NO 0010796238 and/or the outstanding bond maturing in September 2023 ISIN NO 0010832181, subject to market conditions. Net proceeds from the contemplated tap issues will be used to refinance existing lease financing and for general corporate purposes. 
For questions, please contact Terje Iversen, CFO, Odfjell SE, +47 932 40 359, or Bjørn Kristian Røed, IR, Odfjell SE, +47 409 19 868,

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