With reference to the stock exchange announcement of 3 September 2025, Hafnia
Limited ("Hafnia", the "Company", OSE ticker code: "HAFNI", NYSE ticker code:
"HAFN") today announces that it has entered into a binding share purchase
agreement (the "Share Purchase Agreement") with Oaktree Capital Management, L.P.
and its affiliates (together, "Oaktree"), to acquire approximately 14.1 million
A shares in TORM plc ("TORM", CSE ticker code: "TRMD A", NASDAQ ticker code:
"TRMD"), representing approximately 14.45% of TORM's issued share capital. The A
shares are priced at US$ 22 per share for a total purchase price of US$
311,433,342.

Completion of Hafnia's acquisition of the shares from Oaktree is subject to the
fulfilment of customary conditions precedent, including among others, obtaining
any required regulatory clearances and approvals, satisfaction of certain
covenants and appointment of a new independent board chair of TORM.

Upon completion Hafnia will hold approximately 14.45% of issued share capital in
TORM.

Hafnia is pleased to be making this sizeable investment in TORM. Following
market reports referring to the possibility of a business combination on a net
asset value basis (NAV-for-NAV), Hafnia agrees that it is to the benefit of
shareholders in both companies to explore such strategic opportunities. However,
discussions have yet to take place and there can be no assurance that this will
lead to any transaction.

Hafnia duly notes TORM's announcement of 9 September 2025 that the UK City Code
on Takeovers and Mergers does not apply to TORM.


For further information, please contact:
Sheena Williamson-Holt
Head of Communications and Branding 
Direct: +45 33 699 190 
Mobile: +45 24 78 85 88
swh@hafnia.com

* * *

About Hafnia Limited:

Hafnia is one of the world's leading tanker owners, transporting oil, oil
products and chemicals for major national and international oil companies,
chemical companies, as well as trading and utility companies.

As owners and operators of around 200 vessels, we offer a fully integrated
shipping platform, including technical management, commercial and chartering
services, pool management, and a large-scale bunker procurement desk. Hafnia has
offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over
4000 employees onshore and at sea.

Hafnia is part of the BW Group, an international shipping group involved in oil
and gas transportation, floating gas infrastructure, environmental technologies,
and deep-water production for over 80 years.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Forward-Looking Statements
This announcement includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended (the "Securities Act"),
and Section 21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements include, but are not limited to, statements regarding
the Share Purchase Agreement and the possibility of exploring a business
combination transaction with TORM, and statements containing words such as
"anticipate," "approximate," "believe," "plan," "estimate," "expect," "project,"
"could," "would," "should," "will," "intend," "may," "potential," "upside," and
other similar expressions. Statements in this announcement that are not
historical facts are forward-looking statements that are estimates reflecting
the best judgment of Hafnia based upon currently available information. Such
forward-looking statements are inherently uncertain, and shareholders and other
potential investors must recognise that actual results may differ materially
from Hafnia's expectations as a result of a variety of factors, including,
without limitation, those discussed below. The forward-looking statements in
this announcement are based upon various assumptions, many of which are based,
in turn, upon further assumptions, including, without limitation, management's
examination of historical operating trends, data contained in Hafnia's records
and other data available from unrelated parties.

Risks and uncertainties related to any potential transaction with TORM include,
but are not limited to, uncertainty as to whether Hafnia or TORM will pursue,
enter into or consummate a potential transaction