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Frontline Plc Major Shareholding Notification 2023

Nov 9, 2023

6242_mrq_2023-11-09_dbb1c4ac-6fc2-4028-addc-b76b98b529d4.pdf

Major Shareholding Notification

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NOTIFICATION FORM FOR MAJOR HOLDING

(Sections 28, 30, 31 και 31A of the Law)

NOTIFICATION OF MAJOR HOLDING

(to be sent to the relevant issuer and to the Cyprus Securities and Exchange Commission)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached": FRONTLINE PLC

IRIS BUILDING, FLOOR 7, APARTMENT/OFFICE 740B, LIMASSOL, CY-02, 3106, CY

  1. Reason for the notification (please tick the appropriate box or boxes):

[ X ] An acquisition or disposal of voting rights

[ X ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)":

3. Details of person subject to the notification obligation™:

Full name:

SOCIETE GENERALE S.A.

29 boulevard Haussmann, Paris, 75009, FRANCE

City and country of registered office

(if applicable)

  1. Full name of shareholder(s) (if different from the person in point 3)':

5. Date on which the threshold was crossed or reached":

2023-10-31

6. Threshold which was crossed or reached: 5.00%

7. Total positions of person(s) subject to the notification obligation:

% of voting rights
attached to shares
(total of 8.A)
% of voting rights
through financial
instruments
(total of 8.B.1 +
8.B.2)
Total %
(8.A+8.B.1
+8.B.2)
Total number of
voting rights of
issuervi
Resulting situation on
the date on which
threshold was crossed
or reached
0.84% 4.64% 5.48% 222,622,889
Position of previous
notification
(if applicable)
N.A N.A. N.A.

Par. 4 Directive DI190-2007-01 of 2017 (R.A.D. 222/2017)

  1. Notified details of the resulting situation on the date on which the threshold was crossed or reached"]":
A: Voting rights attached to shares
Class/type of Number of voting rights™ % of voting rights
shares Direct Indirect Direct Indirect
(provide ISIN (section 28 (section 30 (section 28 (section 30
code if possible) of the Law) of the Law) of the Law) of the Law)
Equity:
CY0200352116
1,576,566 299,800 0.71% 0.13%
SUBTOTAL A:
(Direct and
Indirect)
1,876,366 0.84%
B.1: Financial Instruments according to section 31(1)(a) of the Law
Type of financial
instrument
Expiration
date"
Exercise/
Conversion
Period"
Number of
voting rights
that may be
acquired if the
instrument is
exercised/
converted
% of voting
rights
SUBTOTAL B.1

B.2: Financial Instruments with similar economic effect according to section 31(1)(b) of the Law

Type of
financial
instrument
Expiration
date"
Exercise/
Conversion
Period™
Physical or
cash
settlement"
Number of
voting rights
% of
voting
rights
CFD 10/01/2024 Until
10/01/2024
Cash Settlement 213,683 0.09%
CFD 31/01/2028 Until
31/01/2028
Cash Settlement 67,292 0.03%
OTC Call Option 03/01/2033 Until
03/01/2033
Cash Settlement 1,765,205 0.79%
OTC Call Option
on basket
03/01/2033 Until
03/01/2033
Cash Settlement 3,086,267 1.40%
Listed Call
Warrant
03/01/2033 Until
03/01/2033
Cash Settlement 2,165,195 0.98%
Listed Call
Warrant on
basket
03/01/2033 Until
03/01/2033
Cash Settlement 3,025,005 1.35%
SUBTOTAL B.2 10,322,648 4.64%
  1. Information in relation to the person subject to the notification obligation (please tick the applicable box): [] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the issuer or the underlying issuer". [X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity": Name™ii Total of both if it equals % of voting rights % of voting rights if it equals or is through financial or is higher than the instruments if it notifiable threshold higher than the notifiable equals or is higher threshold than the notifiable threshold 0.71 2.46 3.17 SOCIETE GENFRAIF SA 0.00 0.13 0.13 SG AMERICAS SECURITIES SOCIETE 0.00 2.18 2.18 GENERALE EFFEKTEN Gmbh

10. In case of proxy voting: ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… [name of the proxy holder] will cease to hold ................................................................................................................................ percentage(%)] voting rights as of ...........................................................................................................................................

11. Additional information™!":

I declare that, to my knowledge, all of the above information is accurate and true.

(Name):

(Signature):

Yann CELERIER Puteaux, 2023-11-03

3

(Place, Date)