Company Disclosures

OTL – Delivery of distributed shares

Published 30.03.2022

Reference is made to the stock exchange announcement by Odfjell Technology Ltd
(the “Company”, OSE: OTL) on 23 March 2022 regarding the distribution of shares
in the Company to the shareholders of Odfjell Drilling Ltd. (“Odfjell

The distributed shares have been delivered to the VPS accounts of the relevant
Odfjell Drilling shareholders. Out of the Company’s in total 39,463,867 issued
shares, 39,462,390 shares have been distributed to relevant shareholders of
Odfjell Drilling, while the remaining 1,477 shares are kept by Odfjell Drilling
due to rounding down.

For further queries, please contact:
Gillian Basson, Corporate Secretary
+44 (0)7796 547889

Aberdeen, United Kingdom
30 March 2022
Odfjell Technology Ltd

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