Frontline Plc — Director's Dealing 2021

Sep 6, 2021

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Inger M. Klemp
2	Reason for the notification
a)	Position/status	CFO of Frontline Management AS
b)	Initial notification /	Initial notification
	Amendment
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Frontline Ltd.
b)	LEI	5493004BCIKYU1YL3H63
4	Details of the transaction(s): section to the repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	TRS agreement (Total Return Swap)
	Identification code	ISIN: BMG3682E1921
b)	Nature of the transaction	Settled a TRS agreement (Total Return Swap) underlying 120,000 shares in Frontline Ltd. ("Frontline") expiring September 6th 2021. Ms Klemp has subsequently entered into a new TRS agreement with exposure to the same number of underlying shares in Frontline with expiry date December 6th 2021 and TRS price NOK 67.7513 per underlying share.
c)	Price(s) and volume(s)	Price(s):	Volume(s):
d)	Aggregated information - Aggregated volume Price -	NOK 67.7513 120,000 shares Aggregate number of shares: 120,000 Price: NOK 67.7513
e)	Date of the transaction	2021-09-06
f)	Place of the transaction	XOSL – Oslo Børs