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Mandatory notification of trade

Pursuant to Odfjell's Employee Share Purchasing Program ("ESPP"), approved by the Annual General Meeting on May 7, 2024, the third subscription period was completed on September 5, 2025.

The ESPP offers Odfjell's employees in Norway to purchase a limited number of shares twice a year at a price adjustment in relation to the stock exchange price. The shares will have a two-year lock-in period, and the price adjustment will reflect the value of the lock-in period. The purchase price paid is NOK 97.48 for class A shares and NOK 95.68 for class B shares. The price corresponds to the volume-weighted average price on the Oslo Stock Exchange in the ten trading days during the subscription period from August 25, 2025, to September 5, 2025.

To facilitate shares acquired as part of the ESPP, Odfjell has today sold 8,405 Class A-shares (treasury shares) and 3,971 Class B-shares (treasury shares) to the eligible participants. The below listed primary insiders have acquired shares in connection with the ESPP, and have after this, the following number of shares in Odfjell:
 

Name, title Shares acquired Total number of shares held in the company
Harald Fotland, CEO 615 Class A shares 102,606 Class A shares
4,000 Class B shares
Terje Iversen, CFO 627 Class B shares 68,793 Class A shares
1,844 Class B shares
Bjørn Hammer, CCO 615 Class A shares 37,645 Class A shares
Øistein Jensen, CSO 627 Class B shares 62,576 Class A shares
627 Class B shares
Adrian Lenning, MD Terminals 615 Class A shares 21,433 Class A shares
Nils Jørgen Selvik, 
VP Finance & IR
615 Class A shares 1,809 Class A shares


IR Contact: 
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com

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