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Regulatory press release

Odfjell SE: Mandatory notification of trade

Odfjell
Read the release

Pursuant to Odfjell's Employee Share Purchasing Program ("ESPP"), approved by the Annual General Meeting on May 7, 2024, the second subscription period was completed on February 25, 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 85.81 for class A shares and NOK 84.43 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 12, 2025 to February 25, 2025. To facilitate shares acquired as part of the ESPP, Odfjell has today sold 13,980 Class A-shares (treasury shares) and 1,892 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      699 Class A shares

86,414 Class A shares

4,000 Class B shares

Terje Iversen, CFO 710 Class B shares

63,634 Class A shares

1,217 Class B shares

Bjørn Hammer, CCO 699 Class A shares 31,570 Class A shares
Torger Trige, CTO 699 Class A shares

17,034 Class A shares

190 Class B shares

Øistein Jensen, CSO 699 Class A shares 58,653 Class A shares
Adrian Lenning, MD Terminals 699 Class A shares          16,121 Class A shares
Nils Jørgen Selvik, VP Finance & IR   699 Class A shares 1,194 Class A shares

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