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Capital increase in connection with exercise of Restricted Share Units as part of TORM’s incentive program

TORM plc has increased its share capital by 7,468 A-shares (corresponding to a nominal value of USD 74.68) as a result of the exercise of a corresponding number of Restricted Share Units.   All new shares are subscribed for in cash at DKK 0.08 per A-share.   Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others.   The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (

TORM plc capital increase in connection with delivery of two 2015-built MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program

TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection with delivery of two MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program.   With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight second-hand MR vessels, TORM plc has increased its share capital by 951,190 shares (corresponding to USD 9,511.90) as a result of the delivery of the seventh and eight of the eight vessels. The new shares relate to the settlement of a USD 26.1m allocated

Financial Calendar 2025

TORM plc expects to issue financial statements and to convene its Annual General Meeting on the following dates in 2025:   06 March 2025   Annual Report 2024 16 April 2025   Annual General Meeting 08 May 2025   First quarter 2025 results 14 August 2025   First six months and second quarter 2025 results 06 November 2025  First nine months and third quarter 2025 results     Contact Mikael Bo Larsen, Head of Investor Relations Tel.: +45 5143 8002                 About TORM TORM is one of the world’s leading carriers of refined oil

TORM plc Q3/2024 Results, Dividend Distribution, and Financial Outlook 2024

INSIDE INFORMATION “Our performance this quarter remains strong, with fleet-wide freight rates slightly above last year's levels. Despite the expected impact of seasonality, we continued to deliver solid results in the third quarter,” says Jacob Meldgaard. Financial Results In the third quarter of 2024, TORM’s time charter equivalent earnings (TCE) amounted to USD 263.4m (2023, same period: USD 244.4m). TORM realized an adjusted EBITDA of USD 190.9m (2023, same period: USD 186.6m) and a net profit for the period of USD 130.7m (2023, same period: USD 124.3m). In the first nine

TORM plc capital increase in connection with delivery of one 2015-built MR vessel

With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight additional second-hand MR vessels, TORM plc has increased its share capital by 417,026 shares (corresponding to USD 4,170.26 as a result of the delivery of the sixth of the eight vessels. The new shares relate to the settlement of a USD 12.75m allocated loan note issued in connection with the vessel delivery and correspond to USD 30.57 per A-share with a nominal value of USD 0.01 each.   The capital increase is carried out without any pre-emption rights for

TORM plc capital increase in connection with delivery of one 2015-built MR vessel

With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight additional second-hand MR vessels, TORM plc has increased its share capital by 414,158 shares (corresponding to USD 4,141.58 as a result of the delivery of the fifth of the eight vessels. The new shares relate to the settlement of a USD 13.05m allocated loan note issued in connection with the vessel delivery and correspond to USD 31.51 per A-share with a nominal value of USD 0.01 each.   The capital increase is carried out without any pre-emption rights for

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM’s incentive program

TORM plc has increased its share capital by 7,089 A-shares (corresponding to a nominal value of USD 70.89) as a result of the exercise of a corresponding number of Restricted Share Units.   All new shares are subscribed for in cash at DKK 0.07 per A-share.   Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others.   The new shares (i) are ordinary shares without any special rights and are negotiable instruments, (

TORM plc capital increase in connection with delivery of one 2014-built MR vessel

With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight additional second-hand MR vessels, TORM plc has increased its share capital by 352,152 shares (corresponding to USD 3,521.52) as a result of the delivery of the fourth of the eight vessels. The new shares relate to the settlement of a USD 12.6m allocated loan note issued in connection with the vessel delivery and correspond to USD 35.78 per A-share with a nominal value of USD 0.01 each.   The capital increase is carried out without any pre-emption rights for

Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons

TORM plc has been notified of the following transactions in TORM plc securities:   +---------------------------------------+--------+------------------+|Details of the reporting person / closely associated person |+---------------------------------------+--------+------------------+|Name |Göran Trapp |+---------------------------------------+--------+------------------+|Reason for the notification |+---------------------------------------+--------+------------------+|Position/

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM’s incentive program

TORM plc has increased its share capital by 27,483 A-shares (corresponding to a nominal value of USD 274.83) as a result of the exercise of a corresponding number of Restricted Share Units.   All new shares are subscribed for in cash at DKK 0.08 per A-share.   Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others.   The new shares (i) are ordinary shares without any special rights and are negotiable instruments,

TORM plc capital increase in connection with delivery of one 2014-built MR vessel

With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight additional second-hand MR vessels, TORM plc has increased its share capital by 352,152 shares (corresponding to USD 3,521.52) as a result of the delivery of the third of the eight vessels. The new shares relate to the settlement of a USD 12.6m allocated loan note issued in connection with the vessel delivery and correspond to USD 35.78 per A-share with a nominal value of USD 0.01 each.   The capital increase is carried out without any pre-emption rights for

TORM plc capital increase in connection with delivery of one MR vessel and exercise of Restricted Share Units as part of TORM’s incentive program

TORM has increased its share capital by 364,874 shares (corresponding to USD 3,648.74) in connection with delivery of one MR vessel and exercise of Restricted Share Units as part of TORM’s incentive program.   With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight second-hand MR vessels, TORM plc has increased its share capital by 352,152 shares (corresponding to USD 3,521.52) as a result of the delivery of the second of the eight vessels. The new shares relate to the settlement of a USD 12.6m allocated loan note

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM’s incentive program

TORM plc has increased its share capital by 59,300 A-shares (corresponding to a nominal value of USD 593.0) as a result of the exercise of a corresponding number of Restricted Share Units.   All new shares are subscribed for in cash. 53,166 new shares are subscribed for at DKK 170.30 per A-share and 6,134 shares are subscribed for at 0.08 per A-share.   Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others.

Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons

TORM plc has been notified of the following transaction in TORM plc securities:   +---------------------------------------+--------+-------------------------+|Details of the reporting person / closely associated person |+---------------------------------------+--------+-------------------------+|Name |Jacob Balslev Meldgaard |+---------------------------------------+--------+-------------------------+|Reason for the notification |+---------------------------------------+-

TORM plc Q2/2024 Results, Dividend Distribution, and Financial Outlook 2024

”Our strong performance continued in the second quarter of 2024, building on the positive momentum from previous quarters,” says Jacob Meldgaard, adding: ”We will once again distribute significant dividends to our shareholders while also selectively expanding our fleet, further positioning us to capitalize on strong market fundamentals.” Financial Results In the second quarter of 2024, TORM’s time charter equivalent earnings (TCE) amounted to USD 325.9m (2023, same period: USD 308.0m including unrealized gains on derivatives of USD 37.0m). TORM realized an adjusted EBITDA of USD 251.

TORM plc capital increase in connection with delivery of one 2014-built MR vessel

With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM") announced the acquisition of eight additional second-hand MR vessels, TORM plc has increased its share capital by 335,285 shares (corresponding to USD 3,352.85) as a result of the delivery of the first of the eight vessels. The new shares relate to the settlement of a USD 12.6m allocated loan note issued in connection with the vessel delivery and correspond to USD 37.58 per A-share with a nominal value of USD 0.01 each.   The capital increase is carried out without any pre-emption rights for

TORM purchases eight and sells one second-hand MR vessel, increasing the fleet size to 96 vessels

On 15 July 2024, TORM has entered into an agreement to acquire eight second-hand MR vessels that are expected to be delivered during Q3 2024 and Q4 2024 for a total consideration of USD 340m, with a cash consideration of USD 238m and the issuance of approximately 2.65 million shares. The purchase price is subject to certain adjustments that will be impacted by TORM’s share price development and the vessels’ delivery schedules.   The vessels have all been built at the Tier 1-Korean yard Hyundai Mipo Dockyard in 2014-2015, and six of the vessels have been fitted with scrubbers. The cash

Grant of Restricted Share Units as part of TORM’s incentive program

The Board of Directors has as part of a long-term incentive program decided to grant certain employees (“Participants”) adjustment RSUs following exercise of 24,812 original RSUs granted in 2021 and 2022 to reflect the payment of dividend since the relevant grant date. The Participants will be granted a total of 2,671 RSUs in the form of restricted stock options. These adjustment RSUs will not be subject to further dividend adjustment and will have to be exercised within the same exercise window as they were issued. They will have a strike price of one US cent.   Transfer restrictions

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM’s incentive program

TORM plc has increased its share capital by 26,938 A-shares (corresponding to a nominal value of USD 269.38) as a result of the exercise of a corresponding number of Restricted Share Units.   All new shares are subscribed for in cash. 26,766 shares are subscribed for at DKK 170.3 per A-share and 172 shares are subscribed for at DKK 0.07 per A-share.   Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-emption rights for existing shareholders or others.   The

Major Shareholder Announcement

In accordance with section 30 of the Danish Capital Markets Act, TORM plc hereby announces that:   Oaktree Capital Group Holdings GP, LLC has informed TORM plc that OCM Njord Holdings S.à r.l. holds an aggregate of 44,109,987 shares in TORM plc, corresponding to 46.68% of the total share capital and 88.67% of the total voting rights in TORM plc.   OCM Njord Holdings S.à r.l. thus holds 44,109,986 A-shares and the sole C-share of nominally USD 0.01 with special voting rights in respect of certain matters as set out in TORM plc's articles of association.   This announcement

Major Shareholder Announcement

In accordance with Section 30 of the Capital Markets Act, TORM PLC hereby announces that OCM Njord Holdings S.à r.l., a company indirectly owned by funds managed by Oaktree Capital Management L.P. and its affiliates, has notified that it has sold 6,896,552 shares on 03 June 2024. Oaktree now owns less than 50% in TORM PLC.   In total, Oaktree will own 44,109,986 shares after the transaction corresponding to 46.68% ownership.   Contact Mikael Bo Larsen, Head of Investor Relations Tel.: +45 51 43 80 02 E-mail: IR@torm.com     About TORM TORM is one of the

TORM plc announces closing of secondary public offering of its class A common shares

TORM plc (the “Company” or “TORM”) (Nasdaq: TRMD or TRMD A) today announces the closing of the previously announced secondary public offering of 6,896,552 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds managed by Oaktree Capital Management, L.P. and its affiliates. Following the offering, the Selling Shareholder beneficially owns approximately 46.7% of the Company’s Class A common shares. The Company did not sell any Class A common shares and did not receive any proceeds from the offering.

TORM plc announces secondary public offering of its class A common shares by a selling shareholder

TORM plc (the “Company” or “TORM”) (Nasdaq: TRMD or TRMD A) today announces the commencement of a secondary public offering of 6,896,552 (six million, eight hundred ninety six thousand, five hundred fifty two) of the Company’s Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds managed by Oaktree Capital Management, L.P. and its affiliates. The Selling Shareholder expects to grant the underwriter a 30-day option to purchase up to an additional 1,034,482 (one million, thirty four thousand, four hundred eighty two) Class A

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