OTL - Successful Completion of Acquisition of Majority Stake in Kaseum and Razor Oiltools

About this update from Odfjell Technology Ltd.

Further to the announcement on 26 February 2026 , Odfjell Technology is pleased to announce that it has successfully completed the acquisition of a 70% ownership stake in Kaseum Holdings Limited ("Kaseum") and Razor Oiltools Limited (" Razor Oiltools "). For further queries, please contact: Gert Haugland SVP Finance & Investor Relations +47 926 61 638 [email protected] or Gillian Basson Corporate Secretary +44 (0)7796 547889 [email protected] Click here for more information © Oslo Bors ASA, source Oslo Stock Exchange

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