On May 30, 2024, TORM plc, a leading carrier of refined oil products, entered into an underwriting agreement with OCM Njord Holdings S.à r.l., which is managed by Oaktree Capital Management, and Citigroup Global Markets Inc. The agreement involved the sale of 6,896,552 Class A common shares of TORM by the Selling Shareholder to the Underwriter. The transaction was completed with the shares being delivered on June 3, 2024. TORM did not receive any proceeds from this sale as it was a secondary public offering. Following the offering, OCM Njord Holdings S.à r.l. owns approximately 46.7% of TORM's Class A common shares. The offering was made through a prospectus supplement and accompanying base prospectus. TORM issued a press release on June 3, 2024, to announce the closing of the offering. The information in the report is also incorporated by reference into TORM's registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission.

On May 30, 2024, TORM plc, a leading carrier of refined oil products, entered into an underwriting agreement with OCM Njord Holdings S.à r.l., which is managed by Oaktree Capital Management, and Citigroup Global Markets Inc. The agreement involved the sale of 6,896,552 Class A common shares of TORM by the Selling Shareholder to the Underwriter. The transaction was completed with the shares being delivered on June 3, 2024. TORM did not receive any proceeds from this sale as it was a secondary public offering. Following the offering, OCM Njord Holdings S.à r.l. owns approximately 46.7% of TORM's Class A common shares. The offering was made through a prospectus supplement and accompanying base prospectus. TORM issued a press release on June 3, 2024, to announce the closing of the offering. The information in the report is also incorporated by reference into TORM's registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission.