Odfjell SE: Mandatory notification of trade

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Pursuant to Odfjell's Employee Share Purchasing Program ("ESPP"), approved by the Annual General Meeting on May 7, 2024, the third subscription period was completed on September 5, 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 97.48 for class A shares and NOK 95.68 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 August 25, 2025 to September 5, 2025. To facilitate shares acquired as part of the ESPP, Odfjell has today sold 8,405 Class A-shares (treasury shares) and 3,971 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
615 Class A shares 102,606 Class A shares
4,000 Class B shares
Terje Iversen,
CFO
627 Class B shares 68,793 Class A shares
1,844 Class B shares
Bjørn Hammer,
CCO
615 Class A shares 37,645 Class A shares
Øistein Jensen,
CSO
627 Class B shares 62,576 Class A shares
627 Class B shares
Adrian Lenning,
MD Terminals
615 Class A shares 21,433 Class A shares
Nils Jørgen Selvik,
VP Finance & IR
615 Class A shares 1,809 Class A shares


IR Contact:
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com


The Odfjell Group is one of the leading players in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids. The Odfjell fleet comprises of approx. 70 ships, which trade both globally and regionally. The tank terminal division consists of four tank terminals and is part of a network of another 10 tank terminals partly owned by related parties. The tank terminals are strategically located at selected international shipping hubs. The Odfjell Group’s headquarters are in Bergen, Norway, and the Group has offices in 13 locations around the world. Odfjell employs around 2300 staff and posted annual gross revenue of USD 1249 million in 2024. Read more on Odfjell.com. 

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

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