Frontline Plc — Major Shareholding Notification 2025

Apr 3, 2025

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) i

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

LEI: 5493004BCIKYU1YL3H63

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

[ ] 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) iii:

3. Details of person subject to the notification obligationiv:

Full name: The Goldman Sachs Group, Inc.

City and Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA country of registered office (if applicable)

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

5. Date on which the threshold was crossed or reachedvi: 24/03/2025

6. Threshold which was crossed or reached: Above 5%

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.Β.2) Total number of voting rights of issuervii Resulting situation on the date on which threshold was crossed or reached 0.02% 5.12% 5.13% 222,622,889 Position of previous notification (if applicable) 0.02% 4.92% 4.94%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares
Class/type of		Number of voting rightsix	% of voting rights
shares (provide ISIN code if possible)	Direct (section 28 of the Law)	Indirect (section 30 of the Law)	Direct (section 28 of the Law)	Indirect (section 30 of the Law)
CY0200352116		34,556		0.02%
SUBTOTAL A: (Direct and Indirect)		34,556		0.02%

B.1: Financial Instruments according to section 31(1)(a) of the Law
Type of financial instrument	Expiration datex	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/ converted	% of voting rights
Securities Lending	Open		8,106,653	3.64%
		SUBTOTAL B.1	8,106,653	3.64%

			B.2: Financial Instruments with similar economic effect according to section 31(1)(b) of the Law
Type of financial instrument	Expiration datexii	Exercise/ Conversion Periodxiii	Physical or cash settlementxiv	Number of voting rights	% of voting rights
Swap	09/08/2027		Cash	1,290,888	0.58%
Swap	19/03/2030		Cash	704,252	0.32%
Swap	11/02/2028		Cash	523,281	0.24%
Swap	25/10/2027		Cash	137,186	0.06%
Swap	12/09/2034		Cash	86,860	0.04%
Swap	29/11/2034		Cash	78,393	0.04%
Swap	31/03/2028		Cash	76,612	0.03%
Swap	08/01/2035		Cash	70,784	0.03%
Swap	07/03/2029		Cash	55,885	0.03%
Swap	20/06/2034		Cash	41,785	0.02%
Swap	27/11/2034		Cash	34,994	0.02%
Swap	10/01/2028		Cash	34,095	0.02%
Swap	15/01/2035		Cash	30,028	0.01%
Swap	06/03/2030		Cash	23,291	0.01%
Swap	11/03/2030		Cash	21,723	0.01%

Par. 4 Directive DI190-2007-01 of 2017 (R.A.D. 222/2017) FORM 190-01-01

Swap 30/10/2034 Cash 6,566 0.003% Swap 12/03/2035 Cash 5,608 0.003% Swap 20/06/2034 Cash 0.002% 5,398 Swap 04/09/2034 Cash 0.002% 5,313 Swap 15/01/2030 Cash 0.002% 4,759 Swap 15/01/2035 Cash 0.002% 4,199 Swap 12/03/2035 Cash 0.002% 3,984 Swap 28/02/2030 Cash 3,555 0.002% Swap 20/06/2025 Cash 0.002% 3,379 Swap 10/03/2027 Cash 0.001% 2,250 Swap 27/03/2035 Cash 0.001% 1,944 Swap 15/01/2030 Cash 0.001% 1,616 Swap 12/03/2035 Cash 0.001% 1,589 Swap 19/02/2035 Cash 1,267 0.001% Swap 17/08/2026 Cash 1,154 0.001% Swap 20/06/2025 Cash 1,051 0.0005% Swap 24/01/2035 Cash 800 0.0004% Swap 03/10/2034 Cash 0.0003% 634 Swap 07/01/2026 Cash 0.0002% 539 Swap 12/03/2035 Cash 0.0002% 365 Swap 12/03/2035 Cash 0.0001% 193 Swap 15/01/2035 Cash 0.0001% 133 Swap 24/01/2035 Cash 100 0.00004% Swap 23/06/2025 Cash 0.00004% 86 Swap 15/01/2035 Cash 0.00003% 65	Swap	15/01/2035	Cash	14,831	0.01%
			SUBTOTAL B.2	3,281,433	1.47%

9. 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 issuerxv .

[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 entityxvi:

Namexvii	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
The Goldman Sachs Group, Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK Limited
Goldman Sachs International
The Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.
The Goldman Sachs Group, Inc.
Goldman Sachs Bank USA
Goldman Sachs Bank Europe SE
The Goldman Sachs Group, Inc.
Folio Financial, Inc.
Folio Investments, Inc.

10. In case of proxy voting:

Par. 4 Directive DI190-2007-01 of 2017 (R.A.D. 222/2017) FORM 190-01-01

I
		[name of the proxy holder]	will cease to hold		………………………………………………………………………….[number and
					percentage(%)] voting rights as of ……………………………………………. [date].

11. Additional informationxviii:

Please note, the total amount of voting rights has been rounded to 2 decimal places and therefore there is a possibility of a rounding difference.

General email contact: gs-rrc-emea-position-enquiries@gs.com

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

(Name): Oluwatobi Amusan (Signature): …………………………………………

(Place, Date) London, March 27, 2025

NOTES:

ⁱ This form is to be sent to the issuer or underlying issuer and to be filed with the Cyprus Securities and Exchange Commission. Filing the form with the Cyprus Securities and Exchange Commission can be effected via post or delivery at Diagorou 27, 1 st Floor, 1097 Nicosia or via fax at (+357)22506700 or via e mail in pdf format at info@cysec.gov.cy (please choose only one filing method). In any case the form should be signed.

ii Full name of the natural person or legal entity and further specification of the issuer or of the underlying issuer, provided it is reliable and accurate (e.g address, domestic number identity etc).

iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g. expiring of financial instruments) or acting in concert.

ivState the full name of (i) the shareholder∙ (ii) the natural person or legal entity acquiring, disposing of or exercising voting rights in the cases foreseen in section 30(1)(bb) to (hh) of the Law ∙ (iii) the holder of financial instruments referred to in section 31(1) the Law.

The present form does not provide for a specific method how to notify cases of acting in concert referred to in section 30(1)(aa) of the Law, as the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g. same or different total positions of the parties, entering or exiting of acting in concert by a single party to the agreement).

In relation to the transactions referred to in section 30(1)(bb)-(hh) of the Law, the following list is provided as indication of the persons who should be mentioned:

• in the circumstances foreseen in section 30(1)(bb) of the Law, the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement, and the natural person or legal entity who is transferring temporarily for consideration the voting rights∙
• in the circumstances foreseen in section 30(1)(cc) of the Law, the natural person or legal entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and the natural person or legal entity lodging the collateral under these conditions∙
• in the circumstances foreseen in section 30(1)(dd) of the Law, the natural person or legal entity who has a life interest in shares if that person or entity is entitled to exercise the voting rights attached to the shares, and the natural person or legal entity who is disposing of the voting rights when the life interest is created∙
• in the circumstances foreseen in section 30(1)(ee) of the Law, the controlling natural person or legal entity and, provided it has a notification duty at an individual level under section 28 and section 30(1), subparagraphs (aa) to (dd), of the Law or under a combination of any of those situations, the controlled undertaking∙
• in the circumstances foreseen in section 30(1)(ff) of the Law, the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion∙
• in the circumstances foreseen in section 30(1)(gg) of the Law, the natural person or legal entity that controls the voting rights∙
• in the circumstances foreseen in section 30(1)(hh) of the Law, the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion (e.g. management companies).

^v Applicable in the cases provided for in section 30(1)(bb)-(hh) of the Law. State full name or trade name of the shareholder who is the counterparty to the natural person or legal entity referred to in section 30(1) of the Law, unless the percentage of voting rights held by the shareholder is lower than the 5% threshold (e.g. identification of funds managed by management companies).

vi The date on which the threshold is crossed is the date on which the acquisition or disposal took place or the other reason triggered the notification obligation. For passive crossings of thresholds, the relevant date is when the event, which led to the change in the breakdown of voting rights, took effect.

vii The total number of voting rights shall be composed of all the shares, including depository receipts representing shares, to which voting rights are attached even if the exercise thereof is suspended.

viii If the holding has fallen below the 5% threshold, state the new holding even if is below the 5% threshold.

ix In case of combined holdings of shares with voting rights attached «direct holding» and of voting rights «indirect holding», split the voting rights number and percentage (%) into the direct and indirect columns. If the holding is only «direct» or «indirect», mark the other column with a dash (-).

^x Date of maturity/expiration of the financial instrument, i.e. the date when right to acquire shares ends.

xi If the financial instrument has an exercise or a conversion period, specify this period (e.g. once every 3 months starting from [insert date]).

xii Date of maturity/expiration of the financial instrument, i.e. the date when right to acquire shares ends.

xiii If the financial instrument has an exercise or a conversion period, specify this period (e.g. once every 3 months starting from [insert date]).

xiv In case of cash settled financial instruments the number and percentages (%) of voting rights is to be presented on a «delta-adjusted basis» (section 31(2) of the Law).

xv If the person subject to the notification obligation is either controlled and/or does control another undertaking, then the second option applies.

xvi The full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity has to be presented also in the cases, in which only on subsidiary level a threshold is crossed or reached and the subsidiary undertaking discloses the notification as only thus the markets get always the full picture of the group holdings. In case of multiple chains through which the voting rights and/or financial instruments are effectively held the chains have to be presented chain by chain leaving a row free between different chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F etc.).

xvii State the names of controlled undertakings through which the voting rights and/or financial instruments are effectively held, irrespectively whether the controlled undertakings cross or reach the 5% threshold themselves.

xviii State any other necessary detail for the completeness of the information provided.