OTL – Grant of Share Options

Odfjell Technology Ltd (the “Company”) announces that the Company has granted share options to the Chief Financial Officer (CFO) of Odfjell Technology AS, Eirik Knudsen.

The basis for the awards is, amongst other, the recipients’ position in the Company. Any options awarded will, subject to the participant’s continued appointment as CFO of Odfjell Technology AS, vest in equal instalments over a period of 5 years after grant. Delivery of shares by exercising the options will take place from the Company’s pool of treasury shares or by issuing additional shares within the Company’s authorised share capital, or settled by a cash payment of an equivalent value.

The purpose of the long-term incentive plan is to further align the interests of the Company, its subsidiaries and its shareholders with the interests of officers of the Company who can contribute materially to the success and profitability of the Company. Such awards will recognise individual contributions and give participants in the plan an interest in the Company parallel to that of the shareholders, thus enhancing the proprietary and personal interest in the Company’s continued success and progress.

The Board of Directors has allocated 150,000 share options according to the plan to the primary insider Eirik Knudsen as described in the attached transaction form.

For further queries, please contact:

Gillian Basson, Corporate Secretary +44 (0)7796 547889 gbas@odfjelltechnology.com

Aberdeen, United Kingdom 2 September 2026 Odfjell Technology Ltd

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