Frontline Plc — Director's Dealing 2021

Jun 4, 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	TRS agreement (Total Return Swap)
	instrument, type of
	instrument
		ISIN: BMG3682E1921
	Identification code
b)	Nature of the transaction	Settled a TRS agreement (Total Return Swap) underlying 120,000 shares in Frontline Ltd. ("Frontline") expiring June
		th 2021. Ms Klemp has subsequently entered into a new 4
		TRS agreement with exposure to the same number of
		underlying shares in Frontline with expiry date September
		th 2021 and TRS price NOK 71.136338 6 per underlying
		share.
c)	Price(s) and volume(s)	Price(s):	Volume(s):
		NOK 71.136338	120,000 shares
d)	Aggregated information	Aggregate number of shares: 120,000 Aggregated volume Price: NOK 71.136338
	-
	- Price
e)	Date of the transaction	2021-06-04
f)	Place of the transaction	XOSL – Oslo Børs