FRO – 2024 Annual General Meeting

Core Points - The 2024 Annual General Meeting of Frontline plc was held on December 12, 2024, in Limassol, Cyprus, where the audited consolidated financial statements for the year ended December 31, 2023, were presented [1] Resolutions Passed - John Fredriksen was re-elected as a Director of the Company [2] - James O'Shaughnessy was re-elected as a Director of the Company [3] - Ola Lorentzon was re-elected as a Director of the Company [4] - Cato Stonex was re-elected as a Director of the Company [5] - Steen Jakobsen was re-elected as a Director of the Company [6] - Ørjan Svanevik was elected as a Director of the Company [7] - Dr. Maria Papakokkinou was elected as a Director of the Company [8] - PricewaterhouseCoopers of Limassol, Cyprus, was re-appointed as auditors, and the Directors were authorized to determine their remuneration [8] - The remuneration of the Company's Board of Directors was approved, not to exceed USD 600,000 for the year ended December 31, 2024 [8] Shareholder Rights Exclusion - The exclusion of shareholders' right of pre-emption for a maximum of 377,377,111 ordinary shares at a subscription price determined by the Board of Directors, not lower than USD 1 per share, was approved for twelve months starting from December 12, 2024 [9] - The exclusion of shareholders' right of pre-emption for a maximum of 377,377,111 debentures or other securities convertible into ordinary shares at a subscription price determined by the Board of Directors, not lower than USD 1 per security, was also approved for twelve months starting from December 12, 2024 [10] Remuneration Report - The Company's Remuneration Report for the year ended December 31, 2023, was approved on an advisory vote basis in accordance with the Encouragement of Long-Term Shareholders Engagement Law 111(I)/2021 [11]