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

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