With reference to the stock exchange announcement published on 11 September 2025, Hafnia Limited announced that all conditions precedent required for the completion of Hafnia’s acquisition of approximately 14.1 million A-shares in TORM plc, from Oaktree Capital Management, L.P. and its affiliates have been satisfied.
Since 11 September 2025, TORM has announced to have increased its issued share capital by 3,380,278 new A-shares. Consequently, Hafnia’s acquisition of approximately 14.1 million A-shares will represent approximately 13.97% of TORM’s issued share capital as per the date hereof.
Completion of the acquisition is expected to take place shortly.
Upon completion, Hafnia will hold approximately 13.97% of the issued share capital of TORM.