Odfjell SE: Mandatory notification of trade

02 Mar 2026 15:30 CET

Pursuant to Odfjell's Employee Share Purchasing Program ("ESPP"), approved by
the Annual General Meeting on May 7, 2024, the fourth subscription period was
completed on February 27, 2026.

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 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 |
| | | 1,242 Class B shares |
+----------------------------+--------------------+--------------------------+
| Adrian Lenning, MD | 597 Class A shares | 17,570 Class A shares |
| Terminals | | |
+----------------------------+--------------------+--------------------------+
| Nils Jørgen Selvik, VP | 597 Class A shares | 2,406 Class A shares |
| Finance & IR | | |
+----------------------------+--------------------+--------------------------+

*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

About Us
The Odfjell Group is one of the leading players in the global market for
seaborne transportation and storage of chemicals and other specialty bulk
liquids. The Odfjell fleet comprises of approx. 70 ships, which trade both
globally and regionally. The tank terminal division comprises four tank
terminals, strategically located at select international shipping hubs. The
Odfjell Group's headquarters are in Bergen, Norway, and the Group has offices
in 12 locations around the world. Odfjell employs around 2300 staff and posted
annual gross revenue of USD 1,115 million in 2025. Read more on
www.odfjell.com.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication,
through the agency of the contact persons set out above, at 2026-03-02 15:30
CET.

More information:
Access the news on Oslo Bors NewsWeb site