Odfjell SE: Mandatory notification of trade

26 Mar 2026 09:47 CET

Pursuant to the terms of Odfjell SE's Long-term Incentive Program, the
Executive Management may receive a cash amount, where the net amount less tax
shall be used to purchase A-shares in the Company.

On March 25, 2026, the Board of Directors decided, in accordance with the
terms of such incentive program, to pay out a cash amount to members of the
Executive Management which in turn (after tax) has been used to acquire a
total of 34,323 Class A-shares in the Company on March 25, 2026. The purchase
price paid for the shares is NOK 119.20, corresponding to the volume -weighted
average share price on the Oslo Stock Exchange in the last 10 trading days
prior to March 25, 2026. To facilitate the above-mentioned acquisition of
shares, the Company has on March 25, 2026, sold 34,323 Class A-shares
(treasury shares) to the eligible participants at a purchase price of NOK
119.20 per share. The acquired shares are restricted with a holding period of
three years with certain customary exemptions. The following primary insiders
in the Company have acquired shares in connection with the above-mentioned
incentive plan, and have, following this, the following number of shares in
the Company:

+-----------------------------+-----------------+----------------------------+
| Name and title | Shares acquired | Total number of shares |
| | | held in the Company |
+-----------------------------+-----------------+----------------------------+
| Harald Fotland, CEO | 13,680 | 116,883 A-shares |
| | | 4,000 B-shares |
+-----------------------------+-----------------+----------------------------+
| Terje Iversen, CFO | 4,733 | 73,526 A-shares |
| | | 2,459 B-shares |
+-----------------------------+-----------------+----------------------------+
| Øistein Jensen, CSO | 3,368 | 65,944 A-shares |
| | | 1,242 B-shares |
+-----------------------------+-----------------+----------------------------+
| Bjørn Hammer, CTO | 5,024 | 42,669 A-shares |
+-----------------------------+-----------------+----------------------------+
| Adrian Lenning, MD | 4,033 | 21,603 A-shares |
| Terminals | | |
+-----------------------------+-----------------+----------------------------+
| Torger Trige, CTO | 3,485 | 25,175 A-shares |
+-----------------------------+-----------------+----------------------------+

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. The information was submitted for publication, through the
agency of the contact persons set out above, at 2026-03-26 09:47 CET.

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