Investor Presentaiton

Climate Risk & Opportunities • • . . . • We focus on matters that are material for Odfjell and stakeholders Setting ambitious targets and plans is risk mitigating and good for business Strategy, standards and transparency is not driven only by compliance We have high standards for ESG reporting because we know our stakeholders want to know how we mitigate risk Our commitment will be even clearer, when also linking targets it to financing We believe responsibility and commitment to Sustainability would also make Odfjell more attractive to customers, investors and finance-market. 49 Opportunities . Reduced risk/modern fleet gives advantages towards stakeholders • Reducing emissions is good for business • Solving the issue of zero emissions . • Partnering with industry for new solutions Increased use of technology drives changes in business models . Preferred partner for customers • . Sustainable financing New products, new customers Climate Risk • • • . . Disturbance in traffic lanes due to meteorological effects Severe weather and the operational and safety challenges that follows Non-compliance with climate regulation Capex and technology risk related to renewal and upgrades Taxation and increased cost Attractiveness of the sector

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