Odfjell Technology Ltd – Update on Odfjell Offshore Ltd Tax Case

19 May 2026 10:20 CEST

Reference is made to the press release of 17 April 2026 regarding the unanimous
verdict from the Gulating Court of Appeal in favour of Odfjell Offshore Ltd
(OFO) in the longstanding tax case.

The Norwegian Tax Authorities have appealed the verdict to the Supreme Court.
The Supreme Court's appeals committee is expected to decide whether the appeal
is admitted within approximately three months.

For further queries, please contact:

Gert Haugland
SVP Finance & Investor Relations
+47 926 61 638
gjha@odfjelltechnology.com

Or

Gillian Basson
Corporate Secretary
+44 (0)7796 547889
gbas@odfjelltechnology.com

Aberdeen, United Kingdom
19 May 2026
Odfjell Technology Ltd

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

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