Odfjell SE :Termination of TRS agreement and purchase of shares

Odfjell SE has today, on the 5 of February, terminated its Total Return Swap (TRS) agreement with DNB Markets for 5,891,166 A-shares and 2,322,482 B-shares. Simultaneously all shares has been acquired by Odfjell SE at a price of NOK 28.30  for the A-shares and NOK 28.00 for the B-shares. After the purchase, Odfjell SE holds 5,891,166 Odfjell A-shares and 2,322,482 B- shares. For more information, please contact: Terje Iversen, CFO Odfjell SE Tel: +47 55 27 00 00 Email: Terje.Iversen@odfjell.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Odfjell SE via Thomson Reuters ONE [HUG#1675474]