Business Wire·Dec 22, 2025, 4:35 PM ET

HAFNIA LIMITED: Hafnia Completes Acquisition of 13.97% of TORM

Hafnia Limited has completed its acquisition of approximately 14.1 million A-shares in TORM plc following the satisfaction of all conditions precedent for the Share Purchase Agreement with Oaktree Capital Management.
The acquired TORM A-shares represent approximately 13.97% of TORM's issued share capital as of the announcement date.
The transaction was announced on 22 December 2025, referencing the initial stock exchange announcement of 18 December 2025.
Hafnia's current plans & intentions regarding the TORM investment are detailed in a Schedule 13D filed with the SEC.
Hafnia is a leading global tanker owner operating around 200 vessels, employing over 4000 staff, & is part of the BW Group.
The announcement includes forward-looking statements regarding potential business combination transactions, which are subject to significant risks & uncertainties.
This communication does not constitute a public takeover offer or a formal decision to make one under the Danish Takeover Order.
No securities regulatory authority has approved or disapproved the contents of this announcement.
Investors are urged to review future SEC filings for complete information before making investment decisions.
Contact for further information is Sheena Williamson-Holt, Head of Communications & Branding at Hafnia.