<SEC-DOCUMENT>0000919574-25-001706.txt : 20250227
<SEC-HEADER>0000919574-25-001706.hdr.sgml : 20250227
<ACCEPTANCE-DATETIME>20250227171724
ACCESSION NUMBER:		0000919574-25-001706
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20250227
DATE AS OF CHANGE:		20250227

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CMB.TECH NV
		CENTRAL INDEX KEY:			0001604481
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			C9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36810
		FILM NUMBER:		25680714

	BUSINESS ADDRESS:	
		STREET 1:		DE GERLACHEKAAI 20
		CITY:			ANTWERP
		STATE:			C9
		ZIP:			2000
		BUSINESS PHONE:		32-3-247-44-11

	MAIL ADDRESS:	
		STREET 1:		DE GERLACHEKAAI 20
		CITY:			ANTWERP
		STATE:			C9
		ZIP:			2000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Euronav NV
		DATE OF NAME CHANGE:	20240705

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CMB.TECH NV
		DATE OF NAME CHANGE:	20240705

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Euronav NV
		DATE OF NAME CHANGE:	20140402
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d11617043_6k.htm
<TEXT>
<html>
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         Document created using Broadridge PROfile 25.1.1.5279
         Copyright 1995 - 2025 Broadridge -->
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    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">FORM 6-K</div>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">For the month of February 2025</div>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Commission File Number: 001-36810</div>
    <div><br>
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    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">CMB.TECH NV</div>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">De Gerlachekaai 20</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">2000 Antwerpen</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Belgium</div>
    <div><br>
    </div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">011-32-3-247-4411</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">(Address of principal executive offices)</div>
    <div><br>
    </div>
    <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
    <div><br>
    </div>
    <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Form 20-F [X] Form 40-F [ ]</div>
    <div><br>
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      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">INFORMATION CONTAINED IN THIS FORM 6-K REPORT</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; color: #000000; font-family: 'Times New Roman', serif;">Attached hereto as <a href="d11617043_ex99-1.htm">Exhibit
          99.1</a> is a copy of the press release of CMB.TECH NV (the &#8220;Company&#8221;), dated February 27, 2025, announcing the Company&#8217;s financial results for the fourth quarter ended December 31, 2024.</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; color: #000000; font-family: 'Times New Roman', serif;">The information contained in Exhibit 99.1 of this Report on Form 6-K, excluding the commentary of Alexander Saverys, Chief Executive Officer
        of the Company, is hereby incorporated by reference into the Company&#8217;s registration statement on Form F-3 (File No. 333-272785) that was filed with the U.S. Securities and Exchange Commission and effective on June 20, 2023.</div>
      <div><br>
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        <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
        <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;"> <br>
        </div>
        <div style="text-align: justify; text-indent: 36pt; color: #000000; font-family: 'Times New Roman', serif;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
          by the undersigned, thereunto duly authorized.</div>
        <div><br>
        </div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="za64bd0f26f0d46ed9c69d0e753a32c3f">

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                <div style="color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">EURONAV NV</div>
              </td>
              <td style="width: 1.18%; vertical-align: top;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">(Registrant)</div>
              </td>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
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              <td style="width: 48.25%; vertical-align: top;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">Dated: February 27, 2025</div>
              </td>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
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              <td style="width: 6.78%; vertical-align: top;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">By:</div>
              </td>
              <td style="width: 43.79%; vertical-align: top; border-bottom: #000000 2px solid;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">/s/ Ludovic Saverys</div>
              </td>
              <td style="width: 1.18%; vertical-align: top;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 43.79%; vertical-align: top;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">Ludovic Saverys</div>
              </td>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
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                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 43.79%; vertical-align: top;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">Chief Financial Officer</div>
              </td>
              <td style="width: 1.18%; vertical-align: top;">
                <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d11617043_ex99-1.htm
<TEXT>
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  <div style="text-align: right;"><font style="font-weight: bold; font-size: 11pt;">Exhibit 99.1</font><br>
  </div>
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            <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
            <div>&#160;</div>
            <div>&#160;</div>
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            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
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            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
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            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
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    <div>
      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 16pt; font-weight: bold;">CMB.TECH ANNOUNCES Q4 2024 RESULTS</div>
      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 16pt;">STRONG RESULTS DESPITE SLOW MARKETS</div>
      <div><br>
      </div>
      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">ANTWERP, Belgium, 27 February 2025 &#8211; CMB.TECH NV (&#8220;CMBT&#8221;, &#8220;CMB.TECH&#8221; or &#8220;the Company&#8221;) (NYSE: CMBT &amp; Euronext: CMBT) reported its
        non-audited financial results today for the fourth quarter ended 31 December 2024.</div>
      <div><br>
      </div>
      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">HIGHLIGHTS</div>
      <div style="text-align: justify;"><br>
      </div>
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        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="ze29b1d7f0c274c37b76db5f030bb1304">

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                <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
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                <div style="text-align: justify; text-indent: 36pt; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">Profit of USD 93.1 million in Q4 2024 bringing YTD profit to USD 870.8</font><font style="font-weight: bold; color: #223670;">&#160;</font><font style="color: #223670;">million</font><font style="font-family: Arial, sans-serif; color: #252F69;">&#8203;</font></div>
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        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="ze64e9bdc20e747a1848a8d9a9fdbe98a">

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                <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
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                <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Delivery of 7 newbuilding vessels</div>
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                <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
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                <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Sale of 4 Suezmaxes Selena (2007, 150,205 dwt), Cap Victor (2007, 158,853 dwt), Cap Felix (2008, 158,765 dwt)
                  &amp; Cap Lara (2007, 158,826 dwt)</div>
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        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z5ce940bfc72b47b59b51eef7d0ddce8e">

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                <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
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                <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Sale of Windcat 6</div>
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      <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">For the fourth quarter of 2024, the company realised a net gain of USD 93.1 million or USD 0.48 per share (fourth quarter
        2023: a net gain of 406.6 USD million or USD 2.01 per share). EBITDA (a non-IFRS measure) for the same period was USD 180.4 million (fourth quarter 2023: USD 474.4 million).</div>
      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Commenting on the Q4 results, Alexander Saverys (CEO) said:</div>
      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">&#8220;During the fourth quarter of 2024, CMB.TECH booked a very healthy profit amidst slow tanker and dry bulk markets. This
        was largely thanks to the sale of some of our older Suezmaxes. We unlocked good value as we continue our strategy of rejuvenating and optimising our fleet. Seven more newbuildings were delivered: 2 Suezmaxes, 3 Newcastlemaxes, 1 container vessel
        and 1 chemical tanker. This completes a year whereby 20 newbuildings were delivered to our fleet, 8 ships were sold and another 8 ships were ordered. CMB.TECH is very well positioned to generate value in 2025 with our diversified fleet of modern
        and low carbon ships and a good mix of spot and time charter exposure.&#8221;</div>
      <div><br>
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                <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
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              <td style="width: 25.15%; vertical-align: top;">
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
              </td>
              <td style="width: 2.65%; vertical-align: top;">&#160;</td>
              <td style="width: 23.61%; vertical-align: top;">
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
              </td>
              <td style="width: 2.73%; vertical-align: top;">&#160;</td>
              <td style="width: 20.84%; vertical-align: top;">
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
              </td>
              <td style="width: 2.78%; vertical-align: top;">&#160;</td>
              <td style="width: 22.23%; vertical-align: top;">
                <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
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              <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
              <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">1</font> of 16</font></td>
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                <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                <div>&#160;</div>
                <div>&#160;</div>
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              <td style="width: 45.95%; vertical-align: top;">
                <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
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            <tr>
              <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
              </td>
            </tr>
            <tr>
              <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
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              </td>
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        </table>
        <div><br>
        </div>
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      <div><br>
      </div>
      <div>
        <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-style: italic; font-weight: bold;">Key figures</div>
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                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 12.6%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
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                  <div style="color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(in thousands of USD)</div>
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                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: middle; background-color: #C2D2E8;">
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                  <div style="text-align: right; text-indent: 15.9pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">1,235,127</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 34.1pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">8,254</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
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                  <div style="text-align: right; text-indent: 27.35pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">3,811</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 27.4pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">50,660</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: middle;">
                  <div style="text-align: right; text-indent: 27.35pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">23,316</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Raw materials and consumables</div>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 26.75pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(1,576)</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: middle;">
                  <div style="text-align: right; text-indent: 45.2pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 24.5pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(3,735)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 45.15pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Voyage expenses and commissions</div>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
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                  <div style="text-align: right; text-indent: 18.75pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(38,418)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 15.6pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(174,310)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 18.75pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(142,090)</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Vessel operating expenses</div>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 22.3pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(52,817)</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: middle;">
                  <div style="text-align: right; text-indent: 18.75pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(57,545)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 15.6pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(199,646)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 18.75pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(231,033)</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Charter hire expenses</div>
                </td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 42.65pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(3)</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: middle;">
                  <div style="text-align: right; text-indent: 18.75pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(2,071)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 31.5pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(138)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 27.65pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(4,500)</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">General and administrative expenses</div>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 22.3pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(24,616)</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: middle;">
                  <div style="text-align: right; text-indent: 18.75pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(21,983)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 20.05pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(77,766)</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 23.2pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(62,532)</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Net gain (loss) on disposal of tangible assets</div>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 29.65pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">71,114</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 12.44%; vertical-align: bottom;">
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
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                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
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                  <div style="text-align: right; text-indent: 45.2pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Net finance expenses</div>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">
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                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; border-bottom: #000000 2px solid;">
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
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                  <div style="text-align: right; text-indent: 19.85pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">407,418</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle; border-bottom: #000000 2px solid;">
                  <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Tax benefit (expense)</div>
                </td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                  <div style="text-align: right; text-indent: 34.1pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">3,709</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; border-bottom: #000000 2px solid;">
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle; border-bottom: #000000 2px solid;">
                  <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Profit (loss) for the period</div>
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                  <div style="text-align: right; text-indent: 19.85pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">406,584</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                  <div style="text-align: right; text-indent: 19.85pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">870,829</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                  <div style="text-align: right; text-indent: 19.8pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">858,027</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: middle;">
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                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 29.65pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">93,130</div>
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                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">406,584</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">870,829</div>
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                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 22.9pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">858,027</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.02%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.25%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.3%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.12%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="vertical-align: bottom; width: 1.41%;">&#160;</td>
                <td style="vertical-align: bottom; width: 42.02%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.25%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.6%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.3%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.12%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.12%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.1%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.44%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.42%;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.74%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.62%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 12.62%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.74%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.62%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: middle;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.15%; vertical-align: middle; background-color: #C2D2E8;">
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                <td style="width: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.74%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.62%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <td style="width: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.74%; vertical-align: middle;">
                  <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Result after taxation</div>
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                <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
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                  <div style="text-align: right; text-indent: 38.55pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">0.48</div>
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">
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                <td style="width: 12.15%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 36.3pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">4.44</div>
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                <td style="width: 12.15%; vertical-align: bottom;">
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                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.74%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.62%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 12.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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                <td style="vertical-align: bottom; width: 1.42%;">&#160;</td>
                <td style="vertical-align: bottom; width: 42.74%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.26%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.62%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.42%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.15%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.42%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.15%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.26%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.15%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.42%;">&#160;</td>
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                  <div style="text-indent: 18pt; color: #252F69; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">The number of shares issued on 31 December 2024 is 220,024,713. However, the number of shares excluding the owned shares
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
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                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">EBITDA reconciliation (unaudited):</div>
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Fourth Quarter 2024</div>
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                <td style="width: 1.4%; vertical-align: middle;">&#160;</td>
                <td style="width: 11.98%; vertical-align: middle;">
                  <div style="text-align: right; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Fourth Quarter 2023</div>
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">YTD 2024</div>
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                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: middle;">
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">
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                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 21.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">858,027</div>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">+ Net interest expenses</div>
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 29.65pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">47,096</div>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 25.85pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">17,592</div>
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">130,650</div>
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                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 21.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">105,110</div>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: middle;">
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 29.65pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">43,911</div>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 25.85pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">49,417</div>
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">166,029</div>
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                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 21.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">221,040</div>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                  <div style="text-align: right; text-indent: 26.75pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(3,709)</div>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                  <div style="text-align: right; text-indent: 37.3pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">835</div>
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
                <td style="border-bottom: 2px solid rgb(0, 0, 0); vertical-align: middle; width: 42.15%;">
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                <td style="width: 1.24%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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                <td style="width: 1.4%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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              <tr>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 42.15%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.24%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.44%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 11.98%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 11.98%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.24%;">&#160;</td>
                <td style="vertical-align: bottom; width: 11.98%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
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        <div><br>
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      <div>
        <div><br>
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        <div>
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

              <tr>
                <td colspan="7" style="width: 100%; vertical-align: top;">
                  <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;">
                      Contact</font></div>
                </td>
              </tr>
              <tr>
                <td style="width: 25.15%; vertical-align: top;">
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                </td>
                <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                <td style="width: 23.61%; vertical-align: top;">
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                </td>
                <td style="width: 2.73%; vertical-align: top;">&#160;</td>
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                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
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                <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                <td style="width: 22.23%; vertical-align: top;">
                  <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                  <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                </td>
              </tr>
              <tr>
                <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page 2 of 16</font></td>
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                <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                <div>&#160;</div>
                <div>&#160;</div>
              </td>
              <td style="width: 45.95%; vertical-align: top;">
                <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
              </td>
            </tr>
            <tr>
              <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
              </td>
            </tr>
            <tr>
              <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
              </td>
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        </table>
        <div><br>
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      <div> <br>
      </div>
      <div>
        <div style="border: 2px solid rgb(0, 0, 0); padding: 5px; width: 99%;">
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">EBITDA per share:</div>
                </td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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                  <div style="color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(in USD per share)</div>
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Fourth Quarter 2024</div>
                </td>
                <td style="width: 1.4%; vertical-align: middle;">&#160;</td>
                <td style="width: 11.98%; vertical-align: middle;">
                  <div style="text-align: right; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Fourth Quarter 2023</div>
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: middle; background-color: #C2D2E8;">
                  <div style="text-align: right; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">YTD 2024</div>
                </td>
                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: middle;">
                  <div style="text-align: right; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">YTD 2023</div>
                </td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: middle;">
                  <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Weighted average number of shares (basic)</div>
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                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 9.3pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">194,216,835</div>
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                  <div style="text-align: right; text-indent: 6.15pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">202,035,555</div>
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 7.05pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">196,041,579</div>
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                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 6.15pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">201,901,743</div>
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                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: middle;">
                  <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">EBITDA</div>
                </td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 38.55pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;"><font style="font-family: Univers, Calibri, sans-serif;">0.</font>93</div>
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                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 35.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">2.35</div>
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                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">
                  <div style="text-align: right; text-indent: 36.3pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">5,97</div>
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                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">
                  <div style="text-align: right; text-indent: 35.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">5.89</div>
                </td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 42.15%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 12.44%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                <td style="width: 11.98%; vertical-align: bottom;">&#160;</td>
                <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
              </tr>
              <tr>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 42.15%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.24%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 12.44%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 11.98%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
                <td style="vertical-align: bottom; width: 11.98%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.24%;">&#160;</td>
                <td style="vertical-align: bottom; width: 11.98%;">&#160;</td>
                <td style="vertical-align: bottom; width: 1.4%;">&#160;</td>
              </tr>

          </table>
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        <div><br>
        </div>
        <div><br>
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        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">All figures, except for Proportionate EBITDA, have been prepared under IFRS as adopted by the EU
          (International Financial Reporting Standards) and have not been audited nor reviewed by the statutory auditor.</div>
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        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;"><u>TCE</u></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The average daily time charter equivalent rates (TCE, a non IFRS-measure) can be summarised as follows:</div>
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            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid; border-right: 2px solid #000000; border-top: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-style: italic;">In USD per day</div>
                <div>&#160;</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; border-top: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Q4 2024</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; border-top: 2px solid #000000; vertical-align: middle; width: 18.34%;">
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Q4 2023</div>
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              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; border-top: 2px solid #000000; vertical-align: middle; width: 17.27%;">
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Full year 2024</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; border-top: 2px solid #000000; vertical-align: middle; width: 17.27%;">
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Full year 2023</div>
              </td>
            </tr>
            <tr>
              <td colspan="5" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">TANKERS</div>
              </td>
            </tr>
            <tr>
              <td colspan="5" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">VLCC</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average spot rate (in TI Pool)*</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">37,400</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">41,700</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">44,600</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">47,600</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average time charter rate**</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">46,300</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">47,500</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">46,600</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">48,500</div>
              </td>
            </tr>
            <tr>
              <td colspan="5" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">SUEZMAX</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average spot rate***</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">38,300</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">42,800</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">45,600</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">55,700</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average time charter rate</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">31,800</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">30,700</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">31,000</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">30,500</div>
              </td>
            </tr>
            <tr>
              <td colspan="5" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">DRY-BULK VESSELS</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average spot rate***</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">29,800</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
            </tr>
            <tr>
              <td colspan="5" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">CONTAINER VESSELS</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average time charter rate</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">29,400</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
            </tr>
            <tr>
              <td colspan="5" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">CHEMICAL TANKERS</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average spot rate*</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">24,500</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average time charter rate</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">19,300</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
            </tr>
            <tr>
              <td colspan="5" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">OFF-SHORE WIND (CTV)</div>
              </td>
            </tr>
            <tr>
              <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 29.82%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Average time charter rate</div>
              </td>
              <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 17.3%;">
                <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">2,900</div>
              </td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: middle; width: 18.34%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
              <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 17.27%;">&#160;</td>
            </tr>

        </table>
        <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 7pt; font-style: italic;">*CMB.TECH owned ships in TI Pool or Stolt Pool (excluding technical offhire days)</div>
        <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 7pt; font-style: italic;">**Including profit share where applicable</div>
        <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 7pt; font-style: italic;">*** Reporting load-to-discharge, in line with IFRS 15</div>
        <div>
          <div><br>
          </div>
          <div>
            <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                <tr>
                  <td colspan="7" style="width: 100%; vertical-align: top;">
                    <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;">
                        Contact</font></div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 25.15%; vertical-align: top;">
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                  </td>
                  <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                  <td style="width: 23.61%; vertical-align: top;">
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                  </td>
                  <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                  <td style="width: 20.84%; vertical-align: top;">
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                  </td>
                  <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                  <td style="width: 22.23%; vertical-align: top;">
                    <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                    <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                  </td>
                </tr>
                <tr>
                  <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                  <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                  <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                  <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                  <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                  <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                  <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page 3 of 16</font></td>
                </tr>
                <tr>
                  <td colspan="7" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 25.15%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
                </tr>

            </table>
          </div>
        </div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
          <div style="page-break-after: always;" class="BRPFPageBreak">
            <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        </div>
        <div style="margin-bottom: 8pt;">
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

              <tr>
                <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
              </tr>
              <tr>
                <td rowspan="2" style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;">
                  <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                  <div>&#160;</div>
                  <div>&#160;</div>
                </td>
                <td style="width: 45.95%; vertical-align: top;">
                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                </td>
              </tr>
              <tr>
                <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                </td>
              </tr>
              <tr>
                <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                  <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                </td>
              </tr>

          </table>
          <div><br>
          </div>
        </div>
      </div>
      <div>
        <div style="text-align: justify; margin-top: 12pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;"><u>CORPORATE UPDATE</u></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><u>Reopening, closing and results mandatory bid</u></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">In September 2024, the company was informed that the Market Court in Belgium has largely rejected the claims brought
          forward by certain funds managed by FourWorld Capital Management, LLC (&#8220;FourWorld&#8221;) in connection with CMB NV&#8217;s (&#8220;CMB&#8221;) mandatory public takeover bid for the shares in the company.&#160; The bid closed on 15 March 2024.However, the court did find that
          the pricing of certain vessels sold by Euronav to Frontline implied certain special indirect benefits to Frontline. The court calculated these benefits to be USD 0.52 per Euronav share.</div>
        <div style="text-align: justify; margin-bottom: 8pt; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">In October 2024, the company was informed that CMB announced that, pursuant to an order of the Belgian
            Financial Services and Markets Authority (the &#8220;FSMA&#8221;) of 7 October 2024, it would make a subsequent additional payment of USD 0.52 (or EUR 0.47) per share to all shareholders who have transferred their shares to CMB in the bid that expired on
            March 15, 2024 and reopen the bid at an adjusted price of USD 12.66 per share. CMB published a notice in accordance with article 8, &#167;1 of the Belgian Royal Decree of 27 April 2007 on public takeover bids regarding the subsequent payment and its
            intention to launch the reopening of the Bid, which can be found here:<font style="color: rgb(0, 32, 96);"> </font></font><font style="color: rgb(0, 32, 96);"><u>https://www.cmb.be/mandatory-bid</u>. </font><font style="color: #252F69;">The subsequent payment was made by CMB on 31 October 2024.</font></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 23 October 2024, CMB reopened its Belgian public takeover bid on all shares in CMB.TECH not already owned by CMB or
          persons affiliated with it, in accordance with applicable Belgian law, and&#160; concurrently commenced a new U.S. offer in accordance with applicable U.S. federal securities laws (the &#8220;New U.S. Offer&#8221;), addressed to U.S. shareholders within the
          meaning of Rule 14d-1(d) under the Securities Exchange Act of 1934, as amended (together the &#8220;Reopening&#8221;). The acceptance period of the Reopening opened on 23 October 2024 and closed on 21 November 2024 at 4 p.m. (CET) (10 a.m. New York City
          time). The bid price of the reopening amounted to USD 12.66 per share, i.e. USD 18.95 per share (as increased by USD 0.52) reduced by distributions totaling USD 6.29 per share.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The acceptance period of the reopening of the public takeover bid launched by CMB NV (&#8220;CMB&#8221; or &#8220;the Bidder&#8221;) on all
          shares in CMB.TECH not already owned by CMB or persons affiliated with it (the &#8220;Reopening&#8221;) expired on November 21, 2024. During the acceptance period, 1,579,159 shares in CMB.TECH were tendered into the bid. As a result, the Bidder owns a total
          of 178,726,458 shares in CMB.TECH. Considering the 25,807,878 treasury shares held by CMB.TECH and the 24,400 shares held by Saverco NV, the Bidder and persons affiliated with it together own 204,558,736 shares. This represents 92.04% of the
          voting rights in CMB.TECH.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;"><u>CMB.TECH FLEET DEVELOPMENTS</u></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><u>Sales</u></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Euronav</div>
        <div style="text-align: justify; margin-bottom: 8pt; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">CMB.TECH has sold three Suezmax vessels, Selena (2007, 150,205 dwt), Cap Victor (2007, 158,853 dwt) &amp;
            Cap Felix (2008, 158,765 dwt) to a wholly owned subsidiary of CMB NV as part of the fleet rejuvenation. The sale generated a capital gain of 70.930 million USD. The vessels were delivered to their new owner in December 2024. The procedure for
            transactions among related parties under Belgian law was applied in connection with the sale. More information can be found in the </font><font style="color: rgb(0, 32, 96);"><u>legal announcement</u></font>.<font style="color: #252F69;"> The advice of the committee of independent directors is available on the company&#8217;s website.</font></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH has sold the Suezmax Cap Lara (2007, 158,826 dwt). The sale will generate a capital gain of 18.77 million USD.
          The vessel will be delivered to the new owner during the first quarter of 2025.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The VLCC Alsace (2012 &#8211; 299,999 DWT) has successfully been delivered to its new owner. A capital gain of approximately
          USD 27.5 million will be booked in Q1 2025.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Windcat</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Windcat 6 has also been sold, after 18 years of service. The sale generated a capital gain of 0.25 million USD. The
          vessel will be delivered to its owner during the first quarter of 2025.</div>
      </div>
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        <div><br>
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                  <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;">
                      Contact</font></div>
                </td>
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              <tr>
                <td style="width: 25.15%; vertical-align: top;">
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                </td>
                <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                <td style="width: 23.61%; vertical-align: top;">
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                </td>
                <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                <td style="width: 20.84%; vertical-align: top;">
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                </td>
                <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                <td style="width: 22.23%; vertical-align: top;">
                  <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                  <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                </td>
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                <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160;<font style="color: rgb(0, 32, 96); font-size: 8pt;">Page 4 of 16</font> <br>
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                <div>&#160;</div>
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                <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
              </td>
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                <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
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                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
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        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><u>Newbuilding deliveries</u></div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 8 October 2024, the Newcastlemax Mineral Eire (2024 &#8211; 210,000 dwt) was delivered.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 10 October 2024, the Suezmax Helios (2024 - 156,790 dwt) was delivered.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 15 October 2024, the chemical tanker Bochem Brisbane (2024 - 25,000 dwt) was delivered.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 16 October 2024, the container vessel CMA CGM Dolomites (2024 - 6,000 TEU) was delivered.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 21 October 2024, the Newcastlemax Mineral Hellas (2024 - 210,000 dwt) was delivered.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 22 November 2024, the Newcastlemax Mineral Espana (2024 &#8211; 210,000 dwt) was delivered.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 25 November 2024, the Suezmax Orion (2024 - 156,790 dwt) was delivered.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;"><u>MARKET &amp; OUTLOOK</u></div>
        <div style="background-color: #F2F2F2;">
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Euronav &#8211; Tanker Markets</div>
        </div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">After a strong start to 2024, tanker spot rates have retreated to lower levels, failing to gain momentum during the
          traditionally stronger Q4 period. However, despite a softer finish to the year, Suezmax Q4 rates remained within the same range observed in Q4 2022/23. Conversely, VLCC earnings continued to face significant pressure, constrained by ongoing OPEC+
          production cuts, deferred cargoes, and a growing cannibalising dark fleet shipping Iranian and Russian exports. Resulting in VLCC Q4 2024 TCE rates of USD 37,372 per day, and Suezmax Q4 2024 TCE rates of USD 38,274 per day. That said, potential
          opportunities may arise from renewed demand driven by an expanded OFAC sanctions list, stricter enforcement of Iran sanctions, and minimal new VLCC capacity expected in 2025 (just five new VLCCs are slated for delivery).</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">In the final days of his administration, President Biden intensified enforcement of sanctions on Russia&#8217;s oil industry
          and exports. The updated OFAC sanctions list identified 183 additional &#8220;dark fleet&#8221; vessels, bringing the total number of US-sanctioned crude tankers to 284&#8212;representing approximately 12% of the global crude oil tanker fleet (source: Fearnleys).
          These measures coincide with China's Shandong Port Group banning US-sanctioned tankers from discharging in the province, along with India&#8217;s decision to prohibit such tankers from its ports for cargoes loaded after January 10 (source: Bloomberg).
          In addition, President Trump reimposed the &#8220;maximum pressure&#8221; campaign against Iran on February 4<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>.&#160; Recently, on Monday February 24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>, the OFAC announced additional new sanctions targeting Iran (including 13 tanker vessels
          whereof five VLCCs). Thereby the dark tanker fleet may face increased pressure, with more vessels likely headed to the breakers. This scenario could result in the compliant tanker fleet stepping in to transport replacement cargoes from more
          reliable sources in the Middle East, Africa, and the Americas.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Looking ahead, non-OPEC oil production is projected to grow by approximately 1.3 mbp/d in 2025, primarily from the
          Atlantic basin, which could offset the supply impact of sanctioned exports (source: Morgan Stanley). With +1.3 mbp/d supply West of Suez, and only +0.2 mbp/d demand West of Suez, seaborne transportation is growing to East of Suez with +0.8 mbp/d
          of demand. Any remaining demand shortfall would likely be met by OPEC&#8217;s spare capacity, currently standing at 4.9 mbp/d. (source: OPEC)</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Analysts estimate that replacing the majority of Iran&#8217;s oil exports could increase tanker utilization by 2.5&#8211;3.0%, with
          global oil demand anticipated to grow by 1.1 mbp/d to reach 104.4 mbp/d in 2025 (source: average of IEA, EIA, Rystad, OPEC). This demand growth, predominantly sourced from the Atlantic, is expected to raise utilisation rates by an additional
          3.0%. Combined with voluntary moves by China and India to restrict US-sanctioned tankers carrying Russian oil, and a potential revival of Trump&#8217;s &#8220;maximum pressure&#8221; strategy on Iran, the outlook for the tanker market appears (again and/or
          finally) cautiously optimistic.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">From a supply-side perspective, the outlook for the tanker fleet remains generally favourable for Very Large Crude
          Carriers (VLCCs), where the orderbook-to-fleet (OB/F) ratio stands at a manageable 8.9%. However, caution is warranted for the Suezmax segment, where the order book has grown significantly, now totalling 108 vessels with an OB/F ratio of 16.6%.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Q1 2025 spot rates to-date: so far 73% fixed at 31,359 USD per day for VLCCs and 74% fixed at 32,924 USD for Suezmaxes.</div>
        <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">
          <div><br>
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                    <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;">
                        Contact</font></div>
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                  <td style="width: 25.15%; vertical-align: top;">
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                  </td>
                  <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                  <td style="width: 23.61%; vertical-align: top;">
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                  </td>
                  <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                  <td style="width: 20.84%; vertical-align: top;">
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                  </td>
                  <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                  <td style="width: 22.23%; vertical-align: top;">
                    <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                    <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
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                  <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page 5 of 16</font></td>
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                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
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                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
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            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Bocimar &#8211; Dry-Bulk Market</div>
          </div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The dry bulk market also experienced a counter-seasonal pattern in 2024, starting the year with an unexpectedly
            strong Q1 but concluding with a weaker-than-anticipated Q4. Despite the softer year-end, overall market fundamentals remained supported by several drivers: increased long-haul transport of iron ore and bauxite from the Atlantic, diverting trade
            flows from the Red Sea (spillover effects into the Capesize segment from smaller dry bulk segments), periods of port congestion in Brazil, record-high Chinese coal imports, rising coal demand in India, and slower sailing speeds.</div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">However, headwinds emerged in the latter half of the year. Long-haul Panamax grain shipments from Brazil declined,
            heavy rainfall impacted Brazilian ports, congestion eased, and the global dry bulk fleet expanded by approximately 3.0%, adding pressure to freight rates. In addition, during Q3 2024, domestic Chinese iron ore prices averaged USD 114/ton as
            compared to the landed cost (CFR) of USD 104/ton. This USD 10/ton spread induced a sizable level of imports, leading Cape rates counter-seasonally higher. However, the spread has narrowed significantly, down to just USD 2.50/ton which has led
            to a pullback in spot iron ore volumes in Q4 2024. With for example, Vale publishing its production and sales report for Q4 with production of iron ore at 85.3m tons (-4.6%), resulting in full year production of 327.7m tons (vs. guidance of
            ~328m tons and up +2.0% y-o-y). Overall, resulting in Q4 2024 TCE rates of USD 29,802 per day.</div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Looking ahead, medium-term downside risks remain for dry bulk demand, primarily tied to US-China trade policy
            uncertainty. A reduction in Chinese demand for US-origin grain could have spillover effects on larger vessel classes. Additionally, Chinese steel production is expected to stay flat and below peak levels, with iron ore inventories remaining
            elevated. Albeit, iron ore seaborne transportation is supported by the positive margins of global iron ore miners, as CFR import prices remain below the cost of lower-quality domestic production in China (30%Fe versus 65%Fe). As a reference
            point, Vale&#8217;s production guidance for 2025 is kept unchanged at 325-335m tons, implying a modest y-o-y growth of 0.7%. Comparably, BHP Group highlighted in its first half 2025 report (financial year) a stable production guidance for 2025 at
            282-294mt, and its near-term expectations for global seaborne iron ore demand to remain stable with marginal declines from China mostly balanced by growth in developing Asia. In addition, on the domestic production front, Chinese iron ore
            output is projected to decline by 11 million tonnes (MT) in 2025 and an additional 9 MT in 2026, while the share of steel production from scrap recycling versus iron ore blast furnaces is expected to remain stable in 2025. Additionally, bauxite
            shipments out of Guinea have started the year with a staggering 67% growth compared to the same period last year. (source: Breakwave)</div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Furthermore, Deutsche Bank&#8217;s China Macro Research team anticipates significant fiscal stimulus measures in March
            2025, targeting a 4.5% GDP growth rate. The stimulus may include direct government spending, bank recapitalisation, and property sector stabilisation efforts. Beyond China, global steel production and iron ore demand are expected to grow by 6%
            in 2025, providing incremental demand support.</div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The supply outlook for the Capesize segment remains structurally favourable. The orderbook-to-fleet (OB/F) ratio
            stands at a historically low 7.7%, while the Newcastlemax segment offers a compelling exposure with an OB/F ratio of just 6.0%. Meanwhile, the fleet is aging rapidly, with the average vessel age reaching a record high of 11.3 years.
            Additionally, constrained shipyard capacity has pushed newbuilding delivery timelines to 2028, limiting supply growth in the near to medium term.</div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">In the long run, these tight supply-side dynamics are expected to play a critical role in shaping charter rates.
            While near-term demand risks persist, the combination of an aging fleet, limited orderbook, and potential incremental demand from China and other markets suggests a cautiously optimistic outlook for the dry bulk market, particularly for the
            Capesize and Newcastlemax segments.</div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Q1 2025 spot rate so far: 93% fixed 17,571 USD per day. </div>
          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">
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                      <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;">
                          Contact</font></div>
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                  <tr>
                    <td style="width: 25.15%; vertical-align: top;">
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                    </td>
                    <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                    <td style="width: 23.61%; vertical-align: top;">
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                    </td>
                    <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                    <td style="width: 20.84%; vertical-align: top;">
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                    </td>
                    <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                    <td style="width: 22.23%; vertical-align: top;">
                      <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                      <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                    </td>
                  </tr>
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                    <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                    <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
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                    <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                    <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                    <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                    <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">6</font> of 16</font></td>
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                      <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                      <div>&#160;</div>
                      <div>&#160;</div>
                    </td>
                    <td style="width: 45.95%; vertical-align: top;">
                      <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                    </td>
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                      <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                    </td>
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                      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                    </td>
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          <div style="margin-bottom: 8pt;">
            <div style="background-color: #F2F2F2;">
              <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Delphis &#8211; Container Markets</div>
            </div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The container shipping sector experienced one of its strongest years in 2024, surpassed only by the extraordinary
              post-COVID years of 2021 and 2022. The outperformance was partially linked to a series of Houthi attacks in the Red Sea that prompted widespread route diversions by ocean carriers. Given that the Red Sea traditionally accounts for more than
              20.0% of containership trade, this diversion effectively removed over 12.0% of the fleet's capacity from regular operations. (source: Clarksons)</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Despite the influx of new vessel deliveries, these capacity additions were more than compensated by an overall
              robust 17.8% growth in trade TEU-mile volumes, particularly along mainline routes and trades between Asia and developing economies (incl. Red Sea diversion effect of ~11.0%).</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Looking ahead, a gradual easing in freight market conditions is expected from the firm levels seen in 2024. Yemen&#8217;s
              Houthis said that following Gaza ceasefire on January 17<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>, that they have halted attacks on Red Sea shipping except for &#8220;Israeli&#8221; vessels. Gradual impact through-out 2025 is to be expected. In addition, policy impacts from the US
              election are unclear but point towards potentially increased trade &#8216;friction&#8217; ahead (US-China box trade accounts for ~5.0% of global volumes and ~9.0% of TEU-miles).&#160; While the final form and implementation of Trump&#8217;s proposed tariffs remains
              uncertain, trade wars are generally not supportive for container freight demand in the long term. (source: Jefferies)</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The containership order-book-to-fleet (OB/F) ratio stood at 24.6% at the end of 2024 (average over all sizes) &#8211;
              with a more favourable outlook for the 3-7,999 TEU category with an OB/F of 13.3% at the end of 2024.</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH&#8217;s 6,000 and 1,400 TEU container vessels are all employed under 10 to 15-year time charter contract.</div>
            <div style="background-color: #F2F2F2;">
              <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Bochem &#8211; Chemical Markets</div>
            </div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The chemical tanker sector maintained its strong performance throughout 2024, despite experiencing some easing in
              market conditions during the second half of the year. The one-year time charter (TC) rate for a 19,999-deadweight tonnage (DWT) vessel averaged USD 20,771/day, which was 36.7% above the ten-year trend. This significant premium underscores the
              robust demand for chemical tankers over the past year. Resulting in Q4 2024 TCE rates of USD 24,463 per day (pool vessels).</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The first half of 2024 saw freight rates spike to record levels, driven by a combination of factors. Disruptions in
              the Red Sea region created logistical challenges that tightened the supply of available vessels, while strong market conditions in the clean petroleum products (CPP) sector further bolstered demand for chemical tankers (aligning closely with
              Global GDP growth). Additionally, limited fleet growth contributed to the tight supply-demand balance, providing further support for elevated freight rates. Over the year 2024, the Panama Canal operations went back to normal.</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">By H2 2024, the share of seaborne chemicals transported by product tankers increased from 9.0% to 16.0% - resulting
              in a weaker than anticipated Q4 of the year. In addition, the Red Sea disruption effect reduced as Asia Pacific players have stepped into impacted. Hence, winter chemical tanker market seasonality has disappointed with spot markets remain
              subdued through-out Q4 2024.</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">With chemical production expected to remain stable in 2025-2026, the trajectory of the chemical seaborne freight
              market will largely be influenced by tanker supply dynamics. Additionally, recent sanction developments affecting crude and product tanker trade suggest that swing tonnage may stabilise at current levels or even contract if product rates
              experience a significant improvement. Despite a slight decline in Q4 2024, spot rates remain robust, with the Chemical Tanker Spot Index hovering near historical highs. On the downside, a full re-opening of the Red Sea could have a gradual
              easing effect on the ton-mile demand (product/chemical tankers ~5%).</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Q1 2025 spot (pool) forecast: 27,450 USD per day.</div>
            <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH&#8217;s 25,000 DWT chemical tankers are employed under a 10-year time charter (4 vessels), under a 7-year time
              charter (2 vessels), and in the spot pool (2 vessels). The bitumen tankers will be employed under a 10-year time charter as from delivery in 2026.</div>
            <div style="margin-bottom: 8pt;">
              <div><br>
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                      <td colspan="7" style="width: 100%; vertical-align: top;">
                        <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;">
                            Contact</font></div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 25.15%; vertical-align: top;">
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                      </td>
                      <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                      <td style="width: 23.61%; vertical-align: top;">
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                      </td>
                      <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                      <td style="width: 20.84%; vertical-align: top;">
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                      </td>
                      <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                      <td style="width: 22.23%; vertical-align: top;">
                        <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                        <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                      </td>
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                      <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                      <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page 7 of 16</font></td>
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                        <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                        <div>&#160;</div>
                        <div>&#160;</div>
                      </td>
                      <td style="width: 45.95%; vertical-align: top;">
                        <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                      </td>
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                        <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
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                        <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
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                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Windcat &#8211; Offshore (Wind) Markets</div>
              </div>
              <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Following a dynamic Q3 2024, the Crew Transfer Vessel (CTV) market experienced a seasonal slowdown in Q4, as
                anticipated. However, the rate decline during the winter months was notably less pronounced compared to prior off seasons, reflecting improved baseline demand. For Q4 2024 CTV rates: 2,943 USD per day.</div>
              <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">By late Q4, however, momentum shifted, with a notable uptick in inquiries and tenders for the 2025 spring and
                summer seasons. October and November saw a surge in demand for vessel charters, with several awards and contracts finalised in December. This activity has already tightened the availability of larger 24 Pax CTVs for summer 2025, signalling
                strong forward demand. Looking ahead, additional tender awards are expected in early 2025, which should further solidify utilisation rates across the industry. Windcat, has already secured bookings for a substantial portion of 2025 (Q1
                booked utilisation to date of 82% at 3060 USD per day).</div>
              <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The CSOV market entered winter 2024/25 with increased vessel availability as summer campaigns concluded without
                significant contract extensions. The delivery of 13 newbuild CSOVs in 2024 has given charterers more flexibility to select high-capability assets, resulting in a more competitive landscape compared to winter 2023/24. Despite this, Q4 2024
                saw strong tender activity for medium- and long-term contracts, with project start dates spanning 2025 to 2027. This signals a dynamic first half of 2025, as operators aim to secure contracts and optimise utilisation. On numerous occasions,
                CSOV owners walked away from CSOV charters in the renewables space to seek traditional work scopes and ultimately chase the healthy rates and term contract deals in offshore oil and gas industry.</div>
              <div style="text-align: justify; margin-top: 12pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;"><u>CONFERENCE CALL</u></div>
              <div><br>
              </div>
              <div style="text-align: justify; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">The call will be a webcast with an accompanying slideshow. You can find details of this conference call below and on
                  the </font><font style="color: rgb(0, 32, 96);"><u>&#8220;Investor Relations&#8221; page</u></font><font style="color: #252F69;"> of the website.</font></div>
              <div><br>
              </div>
              <div style="text-align: justify; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">The presentation for the earnings call will be available in our </font><font style="color: rgb(0, 32, 96);"><u>presentation
                      section</u></font><font style="color: #252F69;">.</font></div>
              <div><br>
              </div>
              <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z39d52cc18372427abb8f40b12356d46a">

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                      <div style="text-align: justify; color: #FFFFFF; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Webcast Information</div>
                    </td>
                    <td style="background-color: #AAAAAA; border-bottom: 2px solid #1A3D68; border-left: medium none #1A3D68; border-right: 2px solid #1A3D68; border-top: 2px solid #1A3D68; vertical-align: top; width: 70.76%;">&#160;</td>
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                    <td style="border-bottom: 2px solid #1A3D68; border-left: 2px solid #1A3D68; border-right: #1A3D68; border-top: #1A3D68; vertical-align: top; width: 29.24%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Event Type:&#160;</div>
                    </td>
                    <td style="border-bottom: 2px solid #1A3D68; border-left: #1A3D68; border-right: 2px solid #1A3D68; border-top: #1A3D68; vertical-align: top; width: 70.76%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Audio webcast with user-controlled slide presentation</div>
                    </td>
                  </tr>
                  <tr>
                    <td style="border-bottom: 2px solid #1A3D68; border-left: 2px solid #1A3D68; border-right: #1A3D68; border-top: #1A3D68; vertical-align: top; width: 29.24%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Event Date:</div>
                    </td>
                    <td style="border-bottom: 2px solid #1A3D68; border-left: #1A3D68; border-right: 2px solid #1A3D68; border-top: #1A3D68; vertical-align: top; width: 70.76%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">27 February 2025</div>
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                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Event Time:</div>
                    </td>
                    <td style="border-bottom: 2px solid #1A3D68; border-left: #1A3D68; border-right: 2px solid #1A3D68; border-top: #1A3D68; vertical-align: top; width: 70.76%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">8 a.m. EST / 2 p.m. CET</div>
                    </td>
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                    <td style="border-bottom: 2px solid #1A3D68; border-left: 2px solid #1A3D68; border-right: #1A3D68; border-top: #1A3D68; vertical-align: top; width: 29.24%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Event Title:&#160;</div>
                    </td>
                    <td style="border-bottom: 2px solid #1A3D68; border-left: #1A3D68; border-right: 2px solid #1A3D68; border-top: #1A3D68; vertical-align: top; width: 70.76%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">&#8220;Q4 2024 Earnings Conference Call&#8221;</div>
                    </td>
                  </tr>
                  <tr>
                    <td style="border-bottom: 2px solid #1A3D68; border-left: 2px solid #1A3D68; border-right: #1A3D68; border-top: #1A3D68; vertical-align: top; width: 29.24%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Event Site/URL: &#160;</div>
                    </td>
                    <td style="border-bottom: 2px solid #1A3D68; border-left: #1A3D68; border-right: 2px solid #1A3D68; border-top: #1A3D68; vertical-align: top; width: 70.76%;">
                      <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">https://events.teams.microsoft.com/event/7203eab6-44ad-4145-be5b-9f09112ce051@d0b2b045-83aa-4027-8cf2-ea360b91d5e4</div>
                    </td>
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              </table>
              <div style="margin-bottom: 8pt;"><br>
              </div>
              <div style="margin-bottom: 8pt; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">&#160;To attend this conference call, please register via the following </font><font style="color: rgb(0, 32, 96);"><u>link</u></font><font style="color: #252F69;">.</font></div>
              <div style="margin-bottom: 8pt; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">Telephone participants who are unable to pre-register may dial in to the respective number of their location (to be
                  found </font><font style="color: rgb(0, 32, 96);"><u>here</u></font><font style="color: #252F69;">). The Phone conference ID is the following:&#160;121 388 043#</font></div>
              <div style="text-align: justify; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">The recording &amp; a transcript of the call will be uploaded onto our website in our<font style="color: rgb(0, 32, 96);"><u> </u></font></font><font style="color: rgb(0, 32, 96);"><u>investor section</u></font><font style="color: #252F69;">.</font></div>
              <div><br>
              </div>
              <div>
                <div><br>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                      <tr>
                        <td colspan="7" style="width: 100%; vertical-align: top;">
                          <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 25.15%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                        </td>
                        <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                        </td>
                        <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                        </td>
                        <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top;">
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page 8 of 16</font></td>
                      </tr>
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                        <td colspan="7" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 25.15%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
                      </tr>

                  </table>
                </div>
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              <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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                  <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
              </div>
              <div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">
                  <div>
                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                        <tr>
                          <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
                        </tr>
                        <tr>
                          <td rowspan="2" style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                            <div>&#160;</div>
                            <div>&#160;</div>
                          </td>
                          <td style="width: 45.95%; vertical-align: top;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                          </td>
                        </tr>
                        <tr>
                          <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                          </td>
                        </tr>

                    </table>
                    <div>
                      <div style="text-align: right; margin-top: 12pt; color: #26315C; font-family: 'Univers Light', sans-serif; font-style: italic; font-weight: bold;">Announcement final year results &#8211; 27 March 2025</div>
                      <div><br>
                      </div>
                    </div>
                  </div>
                  <div>
                    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="zfa5c79afc57646ddbb7a809c9ae04a30">

                        <tr>
                          <td style="border-top: 1px solid #000000; width: 100%;">
                            <div>&#160;</div>
                          </td>
                        </tr>

                    </table>
                  </div>
                  About CMB.TECH</div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH (all capitals) is a diversified and future-proof maritime group. We own and operate more than 150
                  seagoing vessels: crude oil tankers, dry bulk vessels, container ships, chemical tankers, offshore wind vessels &amp; workboats. We also offer hydrogen and ammonia fuel to customers, through own production or third-party producers.</div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The company is headquartered in Antwerp, Belgium, and has offices across Europe, Asia, United States and
                  Africa.</div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol CMBT.</div>
                <div style="text-align: justify; margin-bottom: 8pt; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">More information can be found at </font><font style="color: rgb(0, 32, 96);"><u>https://cmb.tech</u></font></div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Forward-Looking Statements</div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Matters discussed in this press release may constitute forward-looking statements. The Private Securities
                  Litigation Reform Act of 1995 provides safe harbour protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements
                  concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbour
                  provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour legislation. The words "believe", "anticipate", "intends", "estimate", "forecast",
                  "project", "plan", "potential", "may", "should", "expect", "pending" and similar expressions identify forward-looking statements.</div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The forward-looking statements in this press release are based upon various assumptions, many of which are
                  based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these
                  assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we
                  will achieve or accomplish these expectations, beliefs or projections.</div>
                <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">In addition to these important factors, other important factors that, in our view, could cause actual results
                  to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions,
                  including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability
                  of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory
                  authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of
                  off-hires and other&#160; factors. Please see our filings with the United States Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.</div>
                <div style="margin-bottom: 8pt;">
                  <div><br>
                  </div>
                  <div>
                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                        <tr>
                          <td colspan="7" style="width: 100%; vertical-align: top;">
                            <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 25.15%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                          </td>
                          <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                          <td style="width: 23.61%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                          </td>
                          <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                          <td style="width: 20.84%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                          </td>
                          <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top;">
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page 9 of 16</font></td>
                        </tr>
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                          <td colspan="7" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 25.15%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
                        </tr>

                    </table>
                  </div>
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                <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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                </div>
                <div>
                  <div style="margin-bottom: 8pt;">
                    <div>
                      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                          <tr>
                            <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
                          </tr>
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                            <td rowspan="2" style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;">
                              <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                              <div>&#160;</div>
                              <div>&#160;</div>
                            </td>
                            <td style="width: 45.95%; vertical-align: top;">
                              <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                            </td>
                          </tr>
                          <tr>
                            <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                              <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                            </td>
                          </tr>
                          <tr>
                            <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                            </td>
                          </tr>

                      </table>
                      <div><br>
                      </div>
                    </div>
                  </div>
                  <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-size: 11pt; font-weight: bold;">Condensed consolidated statement of financial position (unaudited)</div>
                  <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-style: italic;">(in thousands of USD)</div>
                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zf6f13a5d58f74c77b7926e9d1f967dbe">

                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">December 31, 2024</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">December 31, 2023</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">ASSETS</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Non-current assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Vessels</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 47.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">2,617,484</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,629,570</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Assets under construction</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">628,405</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">106,513</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Right-of-use assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,910</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">32,936</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Other tangible assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">21,628</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">644</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Prepayments</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,657</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Intangible assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">16,187</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">14,194</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Receivables</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">75,076</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">2,888</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Investments</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">61,806</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">518</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Deferred tax assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">16,641</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">280</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total non-current assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">3,440,794</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,787,543</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Current assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Inventory</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">26,500</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">22,511</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Trade and other receivables</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">235,883</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">307,111</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Current tax assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">3,984</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">869</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Cash and cash equivalents</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">38,869</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">429,370</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">305,236</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">759,861</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Non-current assets held for sale</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">165,583</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">871,876</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total current assets</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">470,819</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,631,737</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">TOTAL ASSETS</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">3,911,613</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">3,419,280</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">EQUITY and LIABILITIES</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
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                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Equity</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Share capital</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">239,148</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">239,148</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Share premium</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">460,486</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,466,529</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Translation reserve</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 56pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(2,045)</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">235</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Hedging reserve</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">2,145</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,140</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Treasury shares</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 47.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(284,508)</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(157,595)</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Retained earnings</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">777,098</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">807,916</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Equity attributable to owners of the Company</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,192,324</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2,357,373</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Non-current liabilities</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Bank loans</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 47.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,450<font style="font-family: Univers, Calibri, sans-serif;">,</font>869</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">362,235</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Other notes</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">198,887</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">198,219</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Other borrowings</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">667,361</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">71,248</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Lease liabilities</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,451</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">3,363</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Other payables</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 76.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">146</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Employee benefits</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,060</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,669</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Provisions</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 76.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">274</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: middle;">
                          <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Deferred tax liabilities</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">7,005</div>
                        </td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: middle;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 50.44%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 20.91%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 22.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      </tr>

                  </table>
                </div>
              </div>
              <div><br>
              </div>
              <div>
                <div><br>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                      <tr>
                        <td colspan="7" style="width: 100%; vertical-align: top;">
                          <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 25.15%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                        </td>
                        <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                        </td>
                        <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                        </td>
                        <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top;">
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                        </td>
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                        <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">10</font> of 16</font></td>
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                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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                        <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
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                          <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                          <div>&#160;</div>
                          <div>&#160;</div>
                        </td>
                        <td style="width: 45.95%; vertical-align: top;">
                          <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                        </td>
                      </tr>

                  </table>
                  <div><br>
                  </div>
                </div>
                <div><br>
                </div>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z43cb3d44a2934801808ce69a0833a99a">

                    <tr>
                      <td style="border-bottom: 2px solid #000000; border-top: 2px solid #000000; vertical-align: middle; width: 51.06%;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total non-current liabilities</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="background-color: #C2D2E8; border-bottom: 2px solid #000000; border-top: 2px solid #000000; vertical-align: middle; width: 20.65%;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2,326,633</div>
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                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
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                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">637,154</div>
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                    <tr>
                      <td style="width: 51.06%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: bottom;">&#160;</td>
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                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Current liabilities</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: bottom;">&#160;</td>
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                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Trade and other payables</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">79,591</div>
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                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">124,013</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Current tax liabilities</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">9,104</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">4,768</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Bank loans</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 54.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">201<font style="font-family: Univers, Calibri, sans-serif;">,</font>937</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">166,124</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Other notes</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">3,733</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">3,733</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Other borrowings</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 58.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">95,724</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">92,298</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Lease liabilities</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 63.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">2,293</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">33,493</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Provisions</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 70.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">274</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">324</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total current liabilities</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">392,656</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">424,753</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">TOTAL EQUITY and LIABILITIES</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">3,911,613</div>
                      </td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">3,419,280</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 51.06%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.65%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.39%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.56%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 22.39%; vertical-align: bottom;">&#160;</td>
                    </tr>

                </table>
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              <div> <br>
              </div>
              <div>
                <div><br>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                      <tr>
                        <td colspan="7" style="width: 100%; vertical-align: top;">
                          <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 25.15%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                        </td>
                        <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                        </td>
                        <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                        </td>
                        <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top;">
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">11</font> of 16</font></td>
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                        <td colspan="7" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 25.15%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
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              <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                      <tr>
                        <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
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                      <tr>
                        <td rowspan="2" style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;">
                          <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                          <div>&#160;</div>
                          <div>&#160;</div>
                        </td>
                        <td style="width: 45.95%; vertical-align: top;">
                          <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                        </td>
                      </tr>
                      <tr>
                        <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                        </td>
                      </tr>

                  </table>
                  <div><br>
                  </div>
                </div>
              </div>
              <div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-weight: bold;">Condensed consolidated statement of profit or loss (unaudited)</div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-style: italic;">(in thousands of USD except per share amounts)</div>
                <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z69049fc811a14efaa58e5a6b485cd336">

                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2024</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2023</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Jan. 1 - Dec. 31, 2024</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Jan. 1 - Dec. 31, 2023</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Shipping income</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Revenue</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">940,246</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,235,127</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Gains on disposal of vessels/other tangible assets</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">635,019</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">372,444</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Other operating income</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">50,660</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">23,316</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total shipping income</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,625,925</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,630,887</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Operating expenses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Raw materials and consumables</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 53pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(3,735)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 73.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Voyage expenses and commissions</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 44.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(174,310)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(142,090)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Vessel operating expenses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 44.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(199,646)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(231,033)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Charter hire expenses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 60pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(138)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(4,500)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Loss on disposal of vessels/other tangible assets</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 68.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(2)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 73.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Depreciation tangible assets</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 44.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(163,148)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(219,428)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Depreciation intangible assets</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 53pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(2,881)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,612)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Impairment losses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,847)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 73.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">General and administrative expenses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(77,766)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(62,532)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total operating expenses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(623,473)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(661,195)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">RESULT FROM OPERATING ACTIVITIES</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,002,452</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">969,692</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Finance income</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">38,689</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">67,168</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Finance expenses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(169,339)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(171,897)</div>
                      </td>
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                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Net finance expenses</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(130,650)</div>
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                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(104,729)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Share of profit (loss) of equity accounted investees (net of income tax)</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; text-indent: 67.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">920</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(927)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">PROFIT (LOSS) BEFORE INCOME TAX</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">872,722</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">864,036</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Income tax benefit (expense)</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,893)</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(6,009)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">PROFIT (LOSS) FOR THE PERIOD</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232); border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">870,829</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">858,027</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Attributable to:</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Owners of the company</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">870,829</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">858,027</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Basic earnings per share</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">4.44</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">4.25</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Diluted earnings per share</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">4.44</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">4.25</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Weighted average number of shares (basic)</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">196,041,579</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">201,901,743</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Weighted average number of shares (diluted)</div>
                      </td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle; background-color: rgb(194, 210, 232);">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">196,041,579</div>
                      </td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">201,901,743</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 52.23%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 2.01%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.63%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.58%; vertical-align: bottom;">&#160;</td>
                    </tr>

                </table>
                <div style="margin-bottom: 8pt;">
                  <div><br>
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                  <div>
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                        <tr>
                          <td colspan="7" style="width: 100%; vertical-align: top;">
                            <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                          </td>
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                        <tr>
                          <td style="width: 25.15%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                          </td>
                          <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                          <td style="width: 23.61%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                          </td>
                          <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                          <td style="width: 20.84%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                          </td>
                          <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top;">
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          </td>
                        </tr>
                        <tr>
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                          <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">12</font> of 16</font></td>
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              <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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                  <div>
                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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                            <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                            <div>&#160;</div>
                            <div>&#160;</div>
                          </td>
                          <td style="width: 45.95%; vertical-align: top;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                          </td>
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                        <tr>
                          <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                          </td>
                        </tr>

                    </table>
                    <div><br>
                    </div>
                  </div>
                  Condensed consolidated statement of comprehensive income (unaudited)</div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-style: italic;">(in thousands of USD)</div>
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                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2024</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
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                        <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2023</div>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Jan. 1 - Dec. 31, 2024</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Jan. 1 - Dec. 31, 2023</div>
                      </td>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Profit/(loss) for the period</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">870,829</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">858,027</div>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Other comprehensive income (expense), net of tax</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle; border-bottom: 2px solid black;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Items that will never be reclassified to profit or loss:</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Remeasurements of the defined benefit liability (asset)</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 65.099pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">200</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 57.75pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(116)</div>
                      </td>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle; border-bottom: 2px solid black;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Items that are or may be reclassified to profit or loss:</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
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                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(2,280)</div>
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                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">259</div>
                      </td>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Cash flow hedges - effective portion of changes in fair value</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,005</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(6,164)</div>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Cash flow hedges - effective portion unwinding</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 71.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
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                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(25,749)</div>
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                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
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                      <td style="width: 54.78%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Other comprehensive income (expense), net of tax</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(1,075)</div>
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                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(31,770)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total comprehensive income (expense) for the period</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">869,754</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">826,257</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic; font-weight: bold;">Attributable to:</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Owners of the company</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">869,754</div>
                      </td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">826,257</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.78%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.48%; vertical-align: bottom;">&#160;</td>
                    </tr>

                </table>
                <div style="margin-bottom: 8pt;">
                  <div><br>
                  </div>
                  <div>
                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                        <tr>
                          <td colspan="7" style="width: 100%; vertical-align: top;">
                            <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 25.15%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                          </td>
                          <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                          <td style="width: 23.61%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                          </td>
                          <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                          <td style="width: 20.84%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                          </td>
                          <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top;">
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">13</font> of 16</font></td>
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                    </table>
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                </div>
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              <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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                <div style="margin-bottom: 8pt;">
                  <div> <br>
                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                        <tr>
                          <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
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                            <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                            <div>&#160;</div>
                            <div>&#160;</div>
                          </td>
                          <td style="width: 45.95%; vertical-align: top;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                          </td>
                        </tr>
                        <tr>
                          <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                          </td>
                        </tr>

                    </table>
                    <div><br>
                    </div>
                  </div>
                </div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-weight: bold;">Condensed consolidated statement of changes in equity (unaudited)</div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-style: italic;">(in thousands of USD)</div>
                <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zb570ea643fec4fe3a9e6bbf9eecb5f58">

                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Share capital</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Share premium</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Translation reserve</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Hedging reserve</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Treasury shares</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Retained earnings</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total equity</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Balance at January 1, 2023</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">239,148</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,678,336</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(24)</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">33,053</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(163,024)</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">385,976</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2,173,465</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Profit (loss) for the period</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">858,027</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">858,027</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Total other comprehensive income (expense)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">259</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(31,913)</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 27pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(116)</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(31,770)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total comprehensive income (expense)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">259</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(31,913)</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">857,911</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">826,257</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Transactions with owners of the company</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Dividends to equity holders</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 14.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(211,807)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 11.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(434,487)</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(646,294)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Treasury shares delivered in respect of share-based payment plans</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 25.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">5,429</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 40.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">5,429</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Equity-settled share-based payment</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 20pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,484)</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(1,484)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total transactions with owners</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 9.75pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(211,807)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 23.8pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">5,429</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 6.75pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(435,971)</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(642,349)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Balance at December 31, 2023</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">239,148</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,466,529</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">235</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,140</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(157,595)</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">807,916</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2,357,373</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Share capital</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Share premium</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Translation reserve</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Hedging reserve</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Treasury shares</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Retained earnings</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total equity</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Balance at January 1, 2024</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">239,148</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,466,529</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">235</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,140</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(157,595)</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">807,916</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2,357,373</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Profit (loss) for the period</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">870,829</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">870,829</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Total other comprehensive income (expense)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(2,280)</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,005</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">200</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(1,075)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total comprehensive income (expense)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(2,280)</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,005</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">871,029</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">869,754</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Transactions with owners of the company</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Business Combination</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(796,970)</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(796,970)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Dividends to equity holders</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,006,043)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 39.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(104,877)</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(1,110,920)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Treasury shares acquired</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 43.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 37.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(126,913)</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 40.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(126,913)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Total transactions with owners</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(1,006,043)</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">&#8212;</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(126,913)</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(901,847)</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(2,034,803)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Balance at December 31, 2024</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">239,148</div>
                      </td>
                      <td style="width: 9.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">460,486</div>
                      </td>
                      <td style="width: 8.54%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(2,045)</div>
                      </td>
                      <td style="width: 8.42%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2,145</div>
                      </td>
                      <td style="width: 8.67%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(284,508)</div>
                      </td>
                      <td style="width: 8.91%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">777,098</div>
                      </td>
                      <td style="width: 9.94%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,192,324</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.57%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.54%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.42%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.67%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 8.91%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.94%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td colspan="8" style="width: 100%; vertical-align: top;">&#160;</td>
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                </table>
                <div style="margin-bottom: 8pt;"><br>
                </div>
                <br>
                <div>
                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                      <tr>
                        <td colspan="7" style="width: 100%; vertical-align: top;">
                          <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 25.15%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                        </td>
                        <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                        </td>
                        <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                        </td>
                        <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top;">
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                        <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">14</font> of 16</font></td>
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                        <td colspan="7" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 25.15%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
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              <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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                          <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
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                          <td rowspan="2" style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                            <div>&#160;</div>
                            <div>&#160;</div>
                          </td>
                          <td style="width: 45.95%; vertical-align: top;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                          </td>
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                        <tr>
                          <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                          </td>
                        </tr>

                    </table>
                    <div><br>
                    </div>
                  </div>
                  Condensed consolidated statement of cash flows (unaudited)</div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-style: italic;">&#160;(in thousands of USD)</div>
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                      <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2024</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 1.1pt; margin-left: 1.1pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">2023</div>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Jan. 1 - Dec. 31, 2024</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: center; margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Jan. 1 - Dec. 31, 2023</div>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Cash flows from operating activities</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Profit (loss) for the period</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">870,829</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">858,027</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Adjustments for:</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(355,549)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(40,034)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Depreciation of tangible assets</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">163,148</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 49.95pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">219,428</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Depreciation of intangible assets</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">2,881</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">1,612</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Impairment losses</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">1,847</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">&#8212;</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Provisions</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(324)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.5pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(295)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Income tax (benefits)/expenses</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">1,892</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">6,009</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Share of profit of equity-accounted investees, net of tax</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(920)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 65.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">927</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Net finance expense</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">130,650</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 49.95pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">104,729</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(Gain)/loss on disposal of assets</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(635,017)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 42.6pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(372,444)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(Gain)/loss on disposal of subsidiaries</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(19,706)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">&#8212;</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Changes in working capital requirements</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">39,307</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">105,881</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in cash guarantees</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(46,869)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 54.4pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">12,234</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in inventory</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">5,197</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 54.4pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">19,132</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in receivables from contracts with customers</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">95,930</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 54.4pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">43,036</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in accrued income</div>
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                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">7,410</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 51.5pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(2,286)</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in deferred charges</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(6,065)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">2,096</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in other receivables</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">3,317</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">1,163</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in trade payables</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(14,867)</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 54.4pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">17,336</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in accrued payroll</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(94)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 65.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">603</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in accrued expenses</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(18,999)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">8,686</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in deferred income</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">6,602</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.5pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(187)</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in other payables</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">7,758</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 65.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">263</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">Change in provisions for employee benefits</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(13)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">3,805</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Income taxes paid during the period</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 47pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(4,549)</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 51.5pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(6,675)</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Interest paid</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(109,136)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 42.6pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(130,375)</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Interest received</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 49.9pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">17,112</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 54.4pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">50,556</div>
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                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Dividends received from equity-accounted investees</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 54.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,050</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Net cash from (used in) operating activities</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">459,064</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
                        <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">837,380</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Acquisition of vessels and vessels under construction</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 31.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,114,907)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 42.6pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(337,195)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Proceeds from the sale of vessels</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,718,862</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 42.95pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,206,636</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Acquisition of other tangible assets and prepayments</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 47pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(5,022)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 51.5pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,407)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Acquisition of intangible assets</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 47pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,541)</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 62.95pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(60)</div>
                      </td>
                    </tr>
                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Proceeds from the sale of other (in)tangible assets</div>
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                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 54.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">2,000</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Loans from (to) related parties</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 47pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(4,485)</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
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                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 61.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">822</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
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                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 42.55pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(45,000)</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">
                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Net cash paid in business combinations and joint ventures</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; text-indent: 31.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,152,620)</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
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                        <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                    <tr>
                      <td style="width: 54.53%; vertical-align: middle;">
                        <div style="color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Repayment of loans from related parties</div>
                      </td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                        <div style="text-align: right; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(81,876)</div>
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                      <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 20.07%; vertical-align: middle;">&#160;</td>
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                <div>
                  <div><br>
                  </div>
                  <div>
                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                        <tr>
                          <td colspan="7" style="width: 100%; vertical-align: top;">
                            <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 25.15%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
                          </td>
                          <td style="width: 2.65%; vertical-align: top;">&#160;</td>
                          <td style="width: 23.61%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                          </td>
                          <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                          <td style="width: 20.84%; vertical-align: top;">
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
                          </td>
                          <td style="width: 2.78%; vertical-align: top;">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top;">
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                            <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 25.15%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 23.61%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.73%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 20.84%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 2.78%; vertical-align: top;" rowspan="1">&#160;</td>
                          <td style="width: 22.23%; vertical-align: top; text-align: right;" rowspan="1">&#160; <font style="color: rgb(0, 32, 96); font-size: 8pt;">Page <font class="BRPFPageNumber">15</font> of 16</font></td>
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                <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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                        <tr>
                          <td colspan="2" rowspan="1" style="background-color: #1A3D68; vertical-align: top; width: 54.05%;">&#160;&#160;</td>
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                          <td rowspan="2" style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div><img src="image00003.jpg"><img src="image00004.jpg"></div>
                            <div>&#160;</div>
                            <div>&#160;</div>
                          </td>
                          <td style="width: 45.95%; vertical-align: top;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 20pt; font-weight: bold;">PRESS RELEASE</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 45.95%; vertical-align: top; border-bottom: #000000 2px solid;">
                            <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Thursday 27 February 2025 &#8211; 07:00 a.m. CET</div>
                          </td>
                        </tr>
                        <tr>
                          <td colspan="2" style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                          </td>
                        </tr>

                    </table>
                    <div><br>
                    </div>
                  </div>
                  <div><br>
                  </div>
                </div>
                <div>
                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z7f4cf7f1ea464983a59bd07d9b98a771">

                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Lease payments received from finance leases</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 54.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,591</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle;">
                          <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">1,706</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">Net cash from (used in) investing activities</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">(682,176)</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle; border-bottom: #000000 2px solid;">
                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">869,680</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(Purchase of) Proceeds from sale of treasury shares</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 38.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(126,913)</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle;">
                          <div style="text-align: right; text-indent: 72.2pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Proceeds from new borrowings</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 38.45pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">2,722,525</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle;">
                          <div style="text-align: right; text-indent: 42.95pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">2,694,127</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Repayment of borrowings</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 31.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(1,177,328)</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle;">
                          <div style="text-align: right; text-indent: 35.6pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(2,933,724)</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Repayment of lease liabilities</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 42.55pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(33,879)</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle;">
                          <div style="text-align: right; text-indent: 47.05pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(21,942)</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Repayment of commercial paper</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 38.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(357,171)</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle;">
                          <div style="text-align: right; text-indent: 42.6pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(458,272)</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Repayment of sale and leaseback</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: middle; background-color: #C2D2E8;">
                          <div style="text-align: right; text-indent: 38.1pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(54,299)</div>
                        </td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 20.07%; vertical-align: middle;">
                          <div style="text-align: right; text-indent: 47.05pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(96,006)</div>
                        </td>
                      </tr>
                      <tr>
                        <td style="width: 54.53%; vertical-align: middle;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Transaction costs related to issue of loans and borrowings</div>
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                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
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                        <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
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                        <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">429,370</div>
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                          <div style="text-align: right; text-indent: 49.95pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">179,929</div>
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                          <div style="text-align: right; text-indent: 58.85pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">3,268</div>
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                        <td style="width: 54.53%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
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                        <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
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                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
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                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">38,869</div>
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                          <div style="text-align: right; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">429,370</div>
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                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
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                        <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">of which restricted cash</div>
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                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                          <div style="text-align: right; text-indent: 67.7pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">&#8212;</div>
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                        <td style="width: 19.01%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                        <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
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                        <td style="width: 54.53%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 19.01%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.6%; vertical-align: bottom;">&#160;</td>
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                        <td style="width: 20.07%; vertical-align: bottom;">&#160;</td>
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                      <tr>
                        <td colspan="7" style="width: 100%; vertical-align: top;">
                          <div style="color: #203671; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-size: 10pt;">CMB.TECH </font><font style="font-family: 'Wingdings 3', Symbol, serif;">w</font><font style="font-size: 10pt;"> Contact</font></div>
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                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Marketing &amp; Communications</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Katrien Hennin</div>
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                        <td style="width: 2.65%; vertical-align: top;">&#160;</td>
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                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 499393470</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">katrien.hennin@cmb.tech</div>
                        </td>
                        <td style="width: 2.73%; vertical-align: top;">&#160;</td>
                        <td style="width: 20.84%; vertical-align: top;">
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt; font-weight: bold;">Head of Investor Relations</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Joris Daman</div>
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                        <td style="width: 2.78%; vertical-align: top;">&#160;</td>
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                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
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                        <td style="width: 2.65%; vertical-align: top;" rowspan="1">&#160;</td>
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