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Investor Presentaiton

Fuel Cell Project Significant emission reductions at sea, with zero emission capability. Patented solution currently under construction, with Odfjell represented in the project group as the only ship owner. The fuel cell will be installed and piloted on an Odfjell ship after 2022. Features & Mechanisms ■ CHEOP/CMP: Clean, highly efficient offshore power ☐ ■ Solide oxide fuel cell (SFOC), with fuel-flex capability ☐ ■ FC to be installed as a 1200 kW aux engine onboard one of the newest vessels over the next years. Conservative Emission Reductions (on LNG): 35% fuel oil consumption 45% CO2 emissions 90% Sox emissions 80% NOx emissions On Ammonia, CO2 emissions will be zero 46 46 ODFJELL TANKERS LNG Pac

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