Odfjell Technology — Board/Management Information 2026

Mar 12, 2026

Change to Executive Management Team

Change to Executive Management Team

Odfjell Technology Ltd (the “Company”) announces that Chief Financial Officer (CFO) Jone Torstensen, will be retiring from his role on 1 April 2026. Eirik Knudsen, currently CFO of Odfjell Oceanwind, will be appointed as Mr. Torstensen’s successor.

Mr. Knudsen has extensive experience from senior financial roles within the Odfjell group. He joined Odfjell Drilling in 2009 and held several senior roles, including Business Development Manager and CFO of Odfjell Drilling Brazil. Mr Knudsen holds a master's degree in finance from the Norwegian School of Economics (NHH).

Jone Torstensen has been a key contributor to the development of Odfjell Technology over the past 14 years, both as a part of Odfjell Drilling and after the Company’s spin-off from Odfjell Drilling in March 2022.

To ensure continuity and support a period of transition, Mr. Torstensen will remain with the Company for a defined handover period and will support the incoming CFO.

Simen Lieungh, CEO of Odfjell Technology AS acknowledged Jone's service to the Group saying, “Jone has been a highly valued colleague over many years, and I would like to thank him for his dedication, integrity and constructive support, both to the organisation and to me personally. On behalf of the Board of Directors and the Company, I would like to thank Jone for his significant contributions and long-standing service to both Odfjell Drilling and Odfjell Technology. We look forward to welcoming Eirik to our team.”

Jone Torstensen commented: “It has been a privilege to serve as CFO of Odfjell Technology since it was spun off from Odfjell Drilling in March 2022. Working closely with our highly competent organisation during this period has been both rewarding and professionally fulfilling. I am confident that the Company is well positioned going forward and that the transition will be smooth.”

For further queries, please contact:

Gillian Basson

Corporate Secretary

+44 (0)7796 547889

gbas@odfjelltechnology.com

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.