TORM Prices ~$253M Secondary Public Offering Of 6,329,874 Shares By Selling Shareholder OCM Njord Holdings

The offering is expected to close on October 7, 2026. The Selling Shareholder beneficially owns approximately 6% of the Company's Class A common shares prior to this offering. The Company is not selling any Class A common shares and will not receive any proceeds from the sale of the Company's Class A common shares by the Selling Shareholder.