Investor Presentaiton

Summary Our results Capital Allocation Odfjell at a glance Odfjell Tankers Odfjell Terminals Capital Allocation Summary Our results has continued to improve throughout 2020 driven by company specific improvements and stronger markets Focus on de-leveraging to ensure we can establish a sustainable and predictable dividend policy and reduce our cost of capital Odfjell Tankers Concluded the largest fleet renewal programme in the company's history and we are positioned to benefit from strong underlying fundamentals post covid-19 Odfjell Terminals Restructuring is close to completed with focus turning to growing and optimizing our terminal footprint ESG & Sustainability Linked Bond Our dedicated work on ESG related matters has positioned us to set ambitious environmental targets exceeding upcoming regulations by IMO Why an SLB? We want to contribute to further development of the key role that debt markets can play to encourage companies that contribute to sustainability 20 20

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