The ESPP offers Odfjell's employees in Norway the opportunity 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 100.44 for Class A shares and NOK 97.43 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 February 16, 2026, to February 27, 2026.
To facilitate shares acquired as part of the ESPP, Odfjell has today sold 10,547 Class A shares (treasury shares) and 2,870 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 and title | Shares acquired | Total number of shares held in the company |
| Harald Fotland, CEO | 597 Class A shares | 103,203 Class A shares 4,000 Class B shares |
| Terje Iversen, CFO | 615 Class B shares | 68,793 Class A shares 2,459 Class B shares |
| Torger Trige, CTO | 597 Class A shares | 21,690 Class A shares 0 Class B shares* |
| Øistein Jensen, CSO | 615 Class B shares |
62,576 Class A shares |
| Adrian Lenning, MD Terminals | 597 Class A shares | 17,570 Class A shares |
| Nils Jørgen Selvik, VP Finance & IR | 597 Class A shares | 2,406 Class A shares |
*Unrelated to the ESPP, Torger Trige, CTO, has on February 27, 2026, sold 190 B-shares at a price of NOK 120 per share. After this transaction, he holds no B shares in Odfjell.
Contact
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com
