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Frontline Plc Director's Dealing 2021

Jul 2, 2021

Director's Dealing

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1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	John Fredriksen
2	Reason for the notification
a)	Position/status	Director of Frontline Ltd.
b)	Initial notification / Amendment	Initial notification
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 Identification code	Declared Options to acquire shares ISIN: BMG3682E1921
b)	Nature of the transaction	has on 1. July 2021 declared 198,000 options to acquire 198,000 shares in Frontline Ltd. ("Frontline") as per the terms disclosed on 6 July 2016. The exercise price is \$5.70 per share, after adjusting for dividends.
c)	Price(s) and volume(s)	Price(s): USD 5.70	Volume(s): 198,000 shares
d)	Aggregated information - Aggregated volume - Price	Aggregate number of shares: 198,000 Price: USD 5.70
e)	Date of the transaction	2021-07-01
f)	Place of the transaction	XOSL – Oslo Børs

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ola Lorentzon
2	Reason for the notification
a)	Position/status	Chairman & Director of Frontline Ltd.
b)	Initial notification / Amendment	Initial notification
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 Identification code	Declared Options to acquire shares ISIN: BMG3682E1921
b)	Nature of the transaction	has on 1. July 2021 declared 21,000 options to acquire 21,000 shares in Frontline Ltd. ("Frontline") as per the terms disclosed on 6 July 2016. The exercise price is \$5.70 per share, after adjusting for dividends.
c)	Price(s) and volume(s)	Price(s): USD 5.70	Volume(s): 21,000 shares
d)	Aggregated information - Aggregated volume - Price	Aggregate number of shares: 21,000 Price: USD 5.70
e)	Date of the transaction	2021-07-01
f)	Place of the transaction	XOSL – Oslo Børs

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 / Amendment	Initial notification
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 Identification code	Declared Options to acquire shares ISIN: BMG3682E1921
b)	Nature of the transaction	has on 1. July 2021 declared 120,000 options to acquire 120,000 shares in Frontline Ltd. ("Frontline") as per the terms disclosed on 6 July 2016. The exercise price is \$5.70 per share, after adjusting for dividends.
c)	Price(s) and volume(s)	Price(s): USD 5.70	Volume(s): 120,000 shares
d)	Aggregated information - Aggregated volume - Price	Aggregate number of shares: 120,000 Price: USD 5.70
e) f)	Date of the transaction Place of the transaction	2021-07-01 XOSL – Oslo Børs