Frode Morkedal

Jonathan Chappell

Omar Nokta

Gregory Lewis

Geoffrey Scott

Petter Haugen

Sherif Elmaghrabi

- Scorpio Tankers Inc. has entered into agreements to sell two 2019-built scrubber-fitted LR2 product tankers, _STI Lobelia_ and _STI Lavender_, for **$61.2 million per vessel**, with sales expected to close within the **fourth quarter of 2025**.  **[1331284_a330d3bcaa804125b5b704b16a69a36b_0]** **[1331284_a330d3bcaa804125b5b704b16a69a36b_1]** 
- These vessel sales, along with other debt repayments, are projected to reduce the Company's pro-forma net debt to **$131.3 million** as of September 25, 2025.  **[1331284_a330d3bcaa804125b5b704b16a69a36b_0]** 
- During the third quarter of 2025, Scorpio Tankers Inc. sold **4,778,000 common shares** in DHT Holdings Inc. at an average price of **$12.50 per share**.  **[1331284_a330d3bcaa804125b5b704b16a69a36b_0]** 
- As of September 29, 2025, the Company currently owns **4,054,480 common shares** in DHT Holdings Inc..  **[1331284_a330d3bcaa804125b5b704b16a69a36b_0]**

DHT Holdings (DHT)