Frode Morkedal

Omar Nokta

Gregory Lewis

Clement Morlans

Kristoffer Skeie

Petter Haugen

Sherif El Maghraby

- Hafnia Limited has entered into a binding share purchase agreement with Oaktree Capital Management, L.P. to acquire approximately **14.1 million A shares** in TORM plc, representing **14.45% of TORM's issued share capital**, for a total purchase price of **US$ 311,433,342** at **US$ 22 per share**.  **[1815779_0001140361-25-034623_ef20055435_ex99-1.htm:0]** 
- Completion of the acquisition is subject to customary conditions, including obtaining required regulatory clearances and the appointment of a new independent board chair of TORM.  **[1815779_0001140361-25-034623_ef20055435_ex99-1.htm:0]** 
- Hafnia clarified its net loan-to-value (LTV) definition for dividend calculation, stating that the TORM investment will be included at the **lower of its market value or purchase price**.  **[1815779_0001140361-25-034623_ef20055435_ex99-2.htm:0]** 
- Hafnia plans to pay an **80% dividend of net profit for Q3 2025**.  **[1815779_0001140361-25-034623_ef20055435_ex99-2.htm:0]**

Hafnia enters binding agreement to acquire 14.45% of TORM shares

- Hafnia Limited's shares began trading **ex-dividend** on the Oslo Stock Exchange on **September 3, 2025**.  **[1815779_0001140361-25-033742_ef20055069_ex99-1.htm:0]** 
- The ex-dividend amount is **USD 0.1210**.  **[1815779_0001140361-25-033742_ef20055069_ex99-1.htm:0]** 
- The shares will trade ex-dividend on the New York Stock Exchange starting **September 4, 2025**.  **[1815779_0001140361-25-033742_ef20055069_ex99-1.htm:0]** 
- This dividend relates to the **second quarter of 2025**.  **[1815779_0001140361-25-033742_ef20055069_ex99-1.htm:0]**

Hafnia (HAFN)