NOL: Mandatory Notification of Trade

Reference is made to the stock exchange announcement published by Northern Ocean Ltd. ("NOL") on 9 July 2026 regarding, inter alia, Hemen Holding Limited acquiring 65,501,756 shares in the Company in a bilateral transaction at a price per share of NOK 7.50 (the "Acquisition").

The Acquisition included 800,000 shares acquired from board member Mikhael Botbol.

Please refer to the attached form for more information.

This information is subject to the disclosure requirements in Article 19 (3) of Regulation (EU) 596/2014 and the Norwegian Securities Trading Act section 5-12