CMBTO: CMB.TECH ANNOUNCES Q2 2026 RESULTS

ANTWERP, Belgium, 27 August 2026 - CMB.TECH NV ("CMBT", "CMB.TECH" or "the
company") (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO)
reported its unaudited financial results today for the second quarter ended 30
June 2026.

HIGHLIGHTS

Financial highlights:

Profit for the period of USD 364.4 million in Q2 2026.
EBITDA for the same period was USD 552.8 million.
CMB.TECH's contract backlog stable at USD 3.26 billion with the addition of 2 x
2-year CSOV time charters and 1 x 1-year VLCC time charter
Intention to distribute an amount of USD 0.64 per share.

Fleet highlights:

Delivery of 9 newbuilding vessels (Q2 + Q3 to date):
Newcastlemaxes: Mineral Latvija, Mineral Magyar, Mineral Eesti, Mineral Lietuva
VLCCs: Morini
Suezmaxes: Cap Grace, Cap Joseph
CSOV: Windcat Haarlem
CTV: FRS Windcat 65
 
CMB.TECH and Fortescue have signed a milestone agreement for the charter of up
to 12 ammonia-powered Newcastlemax vessels (210,000 dwt)
Previously announced sale of VLCCs Ilma (2012, 314,000 dwt) and VLCC Ingrid
(2012, 314,000 dwt). The sale generated a gain of a USD 98.2 million in Q2 2026.
Previously announced sale of Suezmax Sienna (2007 - 150,205 dwt). The sale
generated a gain of USD 29.2 million.
Sale of VLCC Donoussa (2016, 299,999 dwt). This sale will generate a gain of
approximately 74.3 million USD in Q4 2026, based on the net sale price and book
values.
Sale of three Suezmaxes, Brest (2023, 156,851 dwt), Brugge (2023, 156,851 dwt)
and Bristol (2024, 156,851 dwt). These sales will generate a gain of
approximately 100.2 million USD in Q3 2026 and 56.9 million USD in Q4 2026,
based on the net sale price and book values.

For the second quarter of 2026, the company realised a net profit  of USD 364.4
million or USD 1.26 per share (second quarter 2025: a net profit of 7.8 USD
million or USD 0.04 per share attributable to the owners of the Company). EBITDA
(a non-IFRS measure) for the same period was USD 552.8 million (second quarter
2025: USD 224.1 million).

"CMB.TECH achieved excellent results in the second quarter of 2026, supported by
continued strength in tanker and dry bulk markets. We continue to make hay while
the sun shines, building on the important strategic decisions taken over the
past three years: diversifying beyond tankers, acquiring Golden Ocean and
investing in a future-proof newbuilding programme.

While uncertainties remain around global trade, geopolitical tensions and the
tanker orderbook, CMB.TECH is well positioned to navigate changing market
conditions and to continue creating long-term value." - Alexander Saverys, CEO
CMB.TECH.

Enclosed you will find the full press release. 

About CMB.TECH

CMB.TECH (al capitals) is one of the largest listed, diversified and
future-proof maritime groups in the world with a combined fleet of about 250
vessels: dry bulk vessels,  crude oil tankers, chemical tankers, container
vessels and offshore energy vessels. CMB.TECH also offers hydrogen and ammonia
fuel to customers, through own production or third-party producers.

CMB.TECH is headquartered in Antwerp, Belgium, and has offices across Europe,
Asia and Africa.

CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol
"CMBT" and on Euronext Oslo Børs under the ticker symbol "CMBTO".

More information can be found at https://cmb.tech

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking
statements. The Private Securities Litigation Reform Act of 1995 provides safe
harbour protections for forward-looking statements in order to encourage
companies to provide prospective information about their business.
Forward-looking statements include statements concerning plans, objectives,
goals, strategies, future events or performance, and underlying assumptions and
other statements, which are other than statements of historical facts. The
Company desires to take advantage of the safe harbour provisions of the Private
Securities Litigation Reform Act of 1995 and is including this cautionary
statement in connection with this safe harbour legislation. The words "believe",
"anticipate", "intends", "estimate", "forecast", "project", "plan", "potential",
"may", "should", "expect", "pending" and similar expressions identify
forward-looking statements.

The forward-looking statements in this press release are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, our management's examination of historical
operating trends, data contained in our records and other data available from
third parties. Although we believe that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond our control, we cannot assure you that we will achieve or accomplish
these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in our
view, could cause actual results to differ materially from those discussed in
the forward-looking statements include the failure of counterparties to fully
perform their contracts with us, the strength of world economies and currencies,
general market conditions, including fluctuations in charter rates and vessel
values, changes in demand for tanker vessel capacity, changes in our operating
expenses, including bunker prices, dry-docking and insurance costs, the market
for our vessels, availability of financing and refinancing, charter counterparty
performance, ability to obtain financing and comply with covenants in such
financing arrangements, changes in governmental rules and regulations or actions
taken by regulatory authorities, potential liability from pending or future
litigation, general domestic and international political conditions, potential
disruption of shipping routes due to accidents or political events, vessels
breakdowns and instances of off-hires and other  factors. Please see our filings
with the United States Securities and Exchange Commission for a more complete
discussion of these and other risks and uncertainties. This information is
published in accordance with the requirements of the Continuing Obligations on
Euronext Oslo Børs. 

Contact

CMB.TECH
Katrien Hennin
Head of Marketing and Communications
+32 499 39 34 70
katrien.hennin@cmb.tech

Joris Daman
Head of Investor Relations
Tel: +32 498 61 71 11
joris.daman@cmb.tech
o Børs. \
\
Contact\
\
CMB.TECH\
Katrien Hennin\
Head of Marketing and Communications\
+32 499 39 34 70\
katrien.hennin@cmb.tech\
\
Joris Daman\
Head of Investor Relations\
Tel: +32 498 61 71 11\
joris.daman@cmb.tech\