<SEC-DOCUMENT>0000919574-25-002133.txt : 20250328
<SEC-HEADER>0000919574-25-002133.hdr.sgml : 20250328
<ACCEPTANCE-DATETIME>20250327190050
ACCESSION NUMBER:		0000919574-25-002133
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20250331
FILED AS OF DATE:		20250328
DATE AS OF CHANGE:		20250327

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
		EIN:				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:		25780997

	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>d11689938_6-k.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</div>
    <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">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 March 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>
    </div>
    <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;">+32-3-247-59-11 </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>
    </div>
    <div><br>
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      <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="d11689938_ex99-1.htm">Exhibit 99.1</a> is a copy of the press release of CMB.TECH NV (the &#8220;Company&#8221;), dated March 27, 2025, announcing that the Company has
        reported its final financial results for the full year 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><br>
      </div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
      <div><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>
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              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
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            <td style="width: 53.07%; vertical-align: top;" colspan="2">
              <div style="color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">CMB.TECH NV</div>
            </td>
            <td style="width: 1.23%; 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;">(Registrant)</div>
            </td>
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              <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>
            </td>
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              <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>
            </td>
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            <td style="width: 45.71%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">Dated: March 27, 2025</div>
            </td>
            <td style="width: 53.07%; vertical-align: top;" colspan="2">
              <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>
            </td>
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              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 53.07%; vertical-align: top;" colspan="2">
              <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>
            </td>
          </tr>
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              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 7.12%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">By:</div>
            </td>
            <td style="width: 45.95%; 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: 1.23%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
          </tr>
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            <td style="width: 45.71%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 7.12%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 45.95%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">Ludovic Saverys</div>
            </td>
            <td style="width: 1.23%; 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>
            </td>
            <td style="width: 7.12%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 45.95%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">Chief Financial Officer</div>
            </td>
            <td style="width: 1.23%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
          </tr>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d11689938_ex99-1.htm
<TEXT>
<html>
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    <!-- Licensed to: Seward Kissel LLP
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  <div style="text-align: right;"><br>
    <font style="font-weight: bold; font-size: 11pt;">Exhibit 99.1</font><br>
  </div>
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            <td style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
            <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
          </tr>
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              <div><img src="image00002.jpg"><img src="image00003.jpg"></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>
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            <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 March 2025 &#8211; 22:00 p.m. CET</div>
            </td>
          </tr>
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              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
              </div>
              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</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 FINAL YEAR RESULTS</div>
    <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 16pt;">TRANSFORMATIONAL YEAR AND STRONG EARNINGS</div>
    <div><br>
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    <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">ANTWERP, Belgium, 27 March 2025 &#8211; CMB.TECH NV (&#8220;CMBT&#8221;, &#8220;CMB.TECH&#8221; or &#8220;the Company&#8221;) (NYSE: CMBT &amp; Euronext: CMBT) reported its final
      financial results today for the full year 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 2024</div>
    <div style="text-align: justify;"><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5f9c0adb4c2b4c7a9c78e6d5743868aa" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <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 full year 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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              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Total contract backlog increased to&#160;USD&#160;2.94 billion</div>
            </td>
          </tr>

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    <div>
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              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Name change from Euronav to CMB.TECH (ticker symbol CMBT)</div>
            </td>
          </tr>

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    <div>
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            <td style="width: 36pt; vertical-align: top; text-align: right;">
              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH focused on its fleet rejuvenation with 21 newbuild deliveries</div>
            </td>
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      </table>
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    <div>
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            <td style="width: 36pt; vertical-align: top; text-align: right;">
              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Further fleet expansion with 1 container vessel, 2 dry bulk carriers, 2 product tankers, 6 chemical tankers and 2
                CTVs contracted in 2024 &amp; Q1 2025</div>
            </td>
          </tr>

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              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
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            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Sale of 6 older Suezmaxes, 4 older VLCCs and 1 container vessel</div>
            </td>
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              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
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            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">New hydrogen engine R&amp;D Center in Japan</div>
            </td>
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    <div>
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              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
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            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Sale of Euronav Ship Management Hellas (ESMH) to Anglo- Eastern Univan Group</div>
            </td>
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      </table>
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    <div><br>
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    <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">HIGHLIGHTS Q1 2025</div>
    <div><br>
    </div>
    <div>
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            <td style="width: 36pt; vertical-align: top; text-align: right;">
              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH joins forces with MOL to jointly own and charter a total of 9 ammonia-fuelled vessels</div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8791f748f24342cb9ba2ebaa71fe22ff" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; text-align: right;">
              <div style="text-align: left; margin-left: 18pt; color: #252F69; font-size: 9pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; text-indent: 36pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Share purchase agreement with Hemen Holding Limited for the acquisition of 81,363,730 shares in Golden Ocean Group
                Limited</div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <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 USD 406.6 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;">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;In 2024, Euronav became CMB.TECH. We transitioned from being a pure-play crude oil carrier to a future-proof and
      diversified maritime group. Our strategy of diversification and decarbonisation is in full swing: we have taken delivery of 21 newbuildings, we have sold 10 older tankers, we have ordered 13 new ships, we have inaugurated our hydrogen production
      facility in Walvis Bay (Namibia) and we have opened our Hydrogen Engine R&amp;D Centre in Japan. In the first quarter of 2025, we acquired the shares of Golden Ocean from Hemen Holding Ltd. and signed a landmark agreement with MOL for nine
      ammonia-fuelled ships, which is an important milestone towards the shipping industry's goals of achieving zero emissions by 2050. More than ever, we are decarbonising today to navigate tomorrow!&#8221;</div>
    <div><br>
    </div>
  </div>
  <div><br>
  </div>
  <div>
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        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="7">
            <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
            </div>
            <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">1</font> of 17 </div>
          </td>
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              <td style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
              <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
            </tr>
            <tr>
              <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                <div><img src="image00002.jpg"><img src="image00003.jpg"></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 March 2025 &#8211; 22:00 p.m. CET</div>
              </td>
            </tr>
            <tr>
              <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                </div>
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>

        </table>
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    <div><br>
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  <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; font-weight: bold;">RECAP 2024</div>
    <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">In 2024, CMB.TECH focused on its fleet rejuvenation with 21 newbuild deliveries (3 Suezmaxes, 8 dry bulk carriers, 4
      container vessels, 4 chemical tankers, and 2 CTVs) and the sale of 6 older Suezmaxes, 4 older VLCCs and one container vessel. Furthermore, the company also ordered an additional 7 vessels (2 Newcastlemaxes, 2 product tankers, one container vessel and
      2 CSOVs).</div>
    <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;"><u>VESSELS CAPITAL GAIN IN USD</u></div>
    <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The total capital gain in 2024 amounted to USD 635.0 million and in Q1 2025 the capital gain will amount to approximately
      USD 46.5 million.&#160;</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;">CMB.TECH has entered into a share purchase agreement with Hemen Holding Limited for the acquisition of 81,363,730 shares in
      Golden Ocean Group Limited (representing ca. 40.8%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> of Golden Ocean&#8217;s outstanding shares and votes which includes all Golden Ocean shares controlled by Hemen), at a price of USD 14.49 per share.</div>
    <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 21 March 2025, Golden Ocean Group Limited announced the appointment by the Board of Directors of Mr. Patrick De
      Brabandere and Mr. Patrick Molis as Directors of the Company. Taking into account these changes, the Board of Directors currently consists of Mr. James O&#8217;Shaughnessy, Ms. Tonesan Amissah, Mr. Patrick De Brabandere and Mr. Patrick Molis.</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="text-align: justify; margin-bottom: 8pt; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="color: #252F69;">An overview and outlook of the markets can be
        found in our </font><u>Q4 2024 press release</u><font style="color: #252F69;">.</font></div>
    <div><br>
    </div>
    <br>
    <br>
    <hr noshade="noshade" align="left" style="background-color: #000000; border: 0px; height: 1px; width: 2in; margin-left: 0pt; margin-right: auto; color: #000000;">
    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> Excluding treasury shares</div>
    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif;"> <br>
    </div>
    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif;">
      <div><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;">

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              <td style="width: 100%; vertical-align: top;" colspan="7">
                <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                </div>
                <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 2 of 17 </div>
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                <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
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                <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                  <div><img src="image00002.jpg"><img src="image00003.jpg"></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 March 2025 &#8211; 22:00 p.m. CET</div>
                </td>
              </tr>
              <tr>
                <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                  <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                  </div>
                  <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                  <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                </td>
              </tr>

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    </div>
    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif;">
      <div style="text-align: justify; color: #252F69; font-style: italic; font-weight: bold;">Key figures</div>
      <div><br>
      </div>
      <div style="border: 2px solid rgb(0, 0, 0); padding: 5px; width: 99%;">
        <table cellspacing="0" cellpadding="0" border="0" id="z35007428ba9b448c82a02d5d62b63f38" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <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;">&#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>
              <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
              <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; font-weight: bold;">The most important key figures are:</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: 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>
              <td style="width: 12.44%; vertical-align: bottom;">&#160;</td>
              <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: 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>
            </tr>
            <tr>
              <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
              <td style="width: 42.02%; vertical-align: middle;">
                <div style="color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(in thousands of USD)</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; 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: 1.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 12.12%; 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>
              </td>
              <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; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">YTD 2024</div>
              </td>
              <td style="width: 1.1%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
              <td style="width: 12.44%; 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: 1.42%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 1.41%; vertical-align: bottom;">&#160;</td>
              <td style="width: 42.02%; vertical-align: 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>
            </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;">Revenue</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: bottom; background-color: #C2D2E8;">
                <div style="text-align: right; text-indent: 25.2pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">226,029</div>
              </td>
              <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: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">268,633</div>
              </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;">
                <div style="text-align: right; text-indent: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">940,246</div>
              </td>
              <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: 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;">
                <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Other operating income</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>
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                <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>
              <td style="width: 12.12%; vertical-align: middle;">
                <div style="text-align: right; text-indent: 31.85pt; margin-right: 2.25pt; 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: bottom; 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: bottom;">
                <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: 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;">
                <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Raw materials and consumables</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: bottom; 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>
              </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;">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: bottom; 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;">(42,692)</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: 20.05pt; margin-right: 2.25pt; 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>
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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;">Vessel operating 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: bottom; 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: 20.05pt; margin-right: 2.25pt; 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>
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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;">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: bottom; 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: 24.5pt; margin-right: 2.25pt; 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>
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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;">General and administrative 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: bottom; 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: 20.05pt; margin-right: 2.25pt; 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>
              </td>
              <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>
              </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 gain (loss) on disposal of tangible assets</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: 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;">71,114</div>
              </td>
              <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: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">323,327</div>
              </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;">
                <div style="text-align: right; text-indent: 22.95pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">635,017</div>
              </td>
              <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;">372,444</div>
              </td>
              <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;">Depreciation</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: bottom; 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;">(43,911)</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: 20.05pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(49,417)</div>
              </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;">
                <div style="text-align: right; text-indent: 15.6pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(166,029)</div>
              </td>
              <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;">(221,040)</div>
              </td>
              <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;">Impairment losses</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: bottom; 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;">(1,847)</div>
              </td>
              <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>
              </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;">
                <div style="text-align: right; text-indent: 24.5pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(1,847)</div>
              </td>
              <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>
              </td>
              <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: 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>
            </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 finance 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: bottom; 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;">(47,096)</div>
              </td>
              <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: 20.05pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(18,004)</div>
              </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;">
                <div style="text-align: right; text-indent: 15.6pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(130,650)</div>
              </td>
              <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;">(104,729)</div>
              </td>
              <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; border-bottom: #000000 2px solid;">
                <div style="margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Share of profit (loss) of equity accounted investees</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: 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;">(1,418)</div>
              </td>
              <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: 31.5pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(915)</div>
              </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; border-bottom: #000000 2px solid;">
                <div style="text-align: right; text-indent: 38.85pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">920</div>
              </td>
              <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: 34.6pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">(927)</div>
              </td>
              <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; 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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                <div style="text-align: right; text-indent: 27.05pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">89,421</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: 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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                <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;">872,722</div>
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              <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: 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; 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: bottom; 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>
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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: 1.25%; 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; 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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              <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>
              <td style="width: 42.02%; vertical-align: middle;">
                <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">Attributable to: Owners of the Company</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: 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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              <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>
              <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>
              <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: 1.42%; 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>
              <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>
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              <td style="width: 1.26%; vertical-align: bottom;">&#160;</td>
              <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>
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              <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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                <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: 1.42%; vertical-align: middle;">&#160;</td>
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                <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: 1.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <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: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <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>
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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: 1.26%; vertical-align: bottom;">&#160;</td>
              <td style="width: 12.62%; 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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              <td style="width: 1.42%; vertical-align: bottom;">&#160;</td>
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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: 1.42%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <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: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
              <td style="width: 12.15%; 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: 1.42%; 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: 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: 12.62%; 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;">0.48</div>
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              <td style="width: 12.15%; vertical-align: bottom;">
                <div style="text-align: right; text-indent: 35.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">2.01</div>
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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: 1.26%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
              <td style="width: 12.15%; vertical-align: bottom;">
                <div style="text-align: right; text-indent: 35.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">4.25</div>
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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>
            </tr>
            <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;">&#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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                <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
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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; background-color: #C2D2E8;">&#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: 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; background-color: #C2D2E8;">&#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: 1.24%; vertical-align: bottom;">&#160;</td>
              <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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              <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
              <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#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>
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                <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;">
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              <td style="width: 1.24%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                <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>
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              <td style="width: 1.24%; vertical-align: bottom;">&#160;</td>
              <td style="width: 1.4%; vertical-align: bottom; background-color: #C2D2E8;">&#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; background-color: #C2D2E8;">&#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>
              <td style="width: 11.98%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">
                <div style="text-align: right; text-indent: 31.85pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">1,893</div>
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              <td style="width: 11.98%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: right; text-indent: 30.3pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">6,009</div>
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              <td style="width: 1.4%; vertical-align: bottom;">&#160;</td>
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              <td style="width: 42.15%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
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              <td style="width: 1.24%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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                <div style="text-align: right; text-indent: 12.35pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,169,401</div>
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              <td style="width: 11.98%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="text-align: right; text-indent: 10.8pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-weight: bold;">1,190,186</div>
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              <td style="width: 1.4%; vertical-align: bottom; padding-bottom: 2px;">&#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;">&#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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      <div style="color: #252F69;"><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 style="width: 100%; vertical-align: top;" colspan="7">
                  <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                  </div>
                  <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 3 of 17 </div>
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                <td style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
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                <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                  <div><img src="image00002.jpg"><img src="image00003.jpg"></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>
              <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 March 2025 &#8211; 22:00 p.m. CET</div>
                </td>
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                  <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
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                  <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                  <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                </td>
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            <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>
          </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; 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>
            <td style="width: 42.15%; vertical-align: middle;">
              <div style="color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;">(in USD 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: 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>
            </td>
            <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>
            </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: 9.3pt; margin-right: 2.25pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">194,216,835</div>
            </td>
            <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: 6.15pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">202,035,555</div>
            </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;">
              <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>
            </td>
            <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>
            </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-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;">0.93</div>
            </td>
            <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: 35.4pt; color: #1F3864; font-family: Verdana, sans-serif; font-size: 7pt;">2.35</div>
            </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;">
              <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>
            </td>
            <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="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>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <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 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>
    <div><br>
    </div>
    <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>
    <table cellspacing="0" cellpadding="0" id="z95da6025cf534c3f9238952bd9a54112" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="border-bottom: 2px solid #000000; border-left: 2px solid; border-top: 2px solid #000000; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid; border-right: 2px solid; border-top: 2px solid #000000; vertical-align: middle; width: 26.82%;">
            <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; vertical-align: middle; width: 26.86%;">
            <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 style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 100%;" colspan="3">
            <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; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <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: 26.86%;">
            <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; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <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: 26.86%;">
            <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">48,500</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: 100%;" colspan="3">
            <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; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <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: 26.86%;">
            <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; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <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: 26.86%;">
            <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">30,500</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: 100%;" colspan="3">
            <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; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">30,600</div>
          </td>
          <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.86%;">&#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: 100%;" colspan="3">
            <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; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <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: top; width: 26.86%;">&#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: 100%;" colspan="3">
            <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; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">25,600</div>
          </td>
          <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.86%;">&#160;</td>
        </tr>
        <tr>
          <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">19,900</div>
          </td>
          <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.86%;">&#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: 100%;" colspan="3">
            <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">OFFSHORE WIND (CTV)</div>
          </td>
        </tr>
        <tr>
          <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; vertical-align: top; width: 46.32%;">
            <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-left: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.82%;">
            <div style="text-align: justify; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">2,973</div>
          </td>
          <td style="border-bottom: 2px solid #000000; border-right: 2px solid #000000; vertical-align: top; width: 26.86%;">&#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><br>
    </div>
    <div>
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              <td style="width: 100%; vertical-align: top;" colspan="7">
                <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                </div>
                <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 4 of 17 </div>
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                  <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
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                    <div><img src="image00002.jpg"><img src="image00003.jpg"></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>
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                  <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 March 2025 &#8211; 22:00 p.m. CET</div>
                  </td>
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                  <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                    <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                    </div>
                    <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                    <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                  </td>
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      </div>
      <div style="margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Difference between Q4 2024 preliminary results and Q4 2024 final results</div>
      <div style="margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The only difference is situated in the balance sheet which is related to a netting of deferred tax assets and liabilities
        for an amount of USD 6.6 million.</div>
      <div style="margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Independent auditor's procedures</div>
      <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The statutory auditor, BDO Bedrijfsrevisoren - R&#233;viseurs d&#8217;Entreprises, represented by Veerle Catry, has confirmed that
        the audit procedures, which have been in relation to the financial information for the year ended 31 December 2024 in accordance with the International Standards on Auditing are substantially completed and have not revealed any material corrections
        required to be made to the financial information included in the company&#8217;s annual announcement.</div>
      <div>
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                      <div>
                        <div style="text-align: justify; margin-top: 12pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">CMB.TECH highlights in 2024</div>
                      </div>
                      <div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">24 January 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Newcastlemax the Mineral Luxembourg (2024 &#8211; 210,000 dwt) was delivered.</div>
                        <div><br>
                        </div>
                      </div>
                      <div>
                        <div><br>
                        </div>
                        <div style="text-align: justify; margin-top: 12pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">6 February 2024</div>
                      </div>
                      <div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH took delivery of Suezmax Bristol (2024 &#8211; 156,851).</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">7 February 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Euronav NV (now CMB.TECH NV) held a Special Meeting of Shareholders to approve the purchase of 100% of the
                          shares of CMB.TECH Enterprises NV for a total purchase price of USD 1.150 billion in cash.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">12 February 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH, in partnership with Yara Clean Ammonia, North Sea Container Line and Yara International,
                          announced the order of the world's first ammonia-powered container ship, Yara Eyde.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">14 February 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group announced the launch of the mandatory public takeover bid by CMB on all the shares in Euronav NV
                          (now CMB.TECH NV).</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">26 February 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH announced it had concluded an order for two product tankers with China Merchants Jinling Shipyard
                          (Yangzhou) Dingheng Co.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">18 March 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group confirmed that the acceptance period of the mandatory public takeover bid launched by CMB NV
                          (the "Bidder") for all shares issued by Euronav NV (now CMB.TECH) not already owned by CMB or its affiliates (the "Bid"), expired on 15 March 2024.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">19 March 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Newcastlemax the Mineral France (2024 &#8211; 210,000 dwt) was delivered.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">20 march 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH has sold the VLCC Nectar (2008 &#8211; 307,284 DWT), VLCC Newton (2009 &#8211; 307,208 DWT), and VLCC Noble
                          (2008 &#8211; 307,284 DWT). The vessels were delivered to their new owner during Q2 2024 and a capital gain of approximately USD 82.7 million was booked.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">22 March 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH announced it had purchased on NYSE and on Euronext Brussels a total of 4,719,534 of its own
                          shares.</div>
                      </div>
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                <td style="width: 100%; vertical-align: top;" colspan="7">
                  <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                  <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                  </div>
                  <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 5 of 17 </div>
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                        <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
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                          <div><img src="image00002.jpg"><img src="image00003.jpg"></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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                        <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 March 2025 &#8211; 22:00 p.m. CET</div>
                        </td>
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                        <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                          <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                          </div>
                          <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                          <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                        </td>
                      </tr>

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              <div style="border: 2px solid #000000; padding: 5px; width: 99%;">
                <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z9e171409ac3c4ffab57e712ae9c2e093">

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                        <div>&#160;
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">29 March 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH announced it had purchased on NYSE and on Euronext Brussels a total of 2,620,931 of its own
                            shares.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">8 April 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH announced it had purchased on NYSE and on Euronext Brussels a total of 412,926 of its own
                            shares.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">12 April 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group took delivery of the Bochem Casablanca (2024- 25,000 dwt).</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">15 April 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH announced it had purchased on NYSE and on Euronext Brussels a total of 263,771 of its own
                            shares.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">16 April 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH and Anglo-Eastern Univan Group (&#8220;Anglo-Eastern&#8221;) announced a Heads of Agreement (&#8220;HoA&#8221;) for the
                            sale and purchase of Euronav Ship Management Hellas (&#8220;ESMH&#8221;), Euronav (now CMB.TECH)&#8217;s ship management arm.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">2 May 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Cleanergy Solutions Namibia (a joint venture between CMB.TECH and the Ohlthaver &amp; List Group)
                            welcomed His Majesty the King of the Belgians and His Excellency dr. Nangolo Mbumba, President of the Republic of Namibia to Cleanergy&#8217;s hydrogen production and refuelling station in Walvis Bay, Namibia.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">13 May 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH took delivery of the CMA CGM Baikal. This ship had been previously sold and a capital gain of
                            USD 15.6 million was booked in Q2 2024.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">16 May 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group held its General Meeting of Shareholders.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">23 May 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH and Damen signed a collaboration agreement on four hydrogen-powered ASD Tugs. Built by Damen,
                            these vessels will use CMB.TECH's innovative dual fuel hydrogen technology that will significantly reduce emissions.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">24 May 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group took delivery of Windcat 57, the first CTV of the new hydrogen-powered MK5 series. The vessel
                            is deployed in Scotland.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">10 June 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">FRS Windcat Polska, together with Gdansk based shipyard ALU International, has ordered two
                            hydrogen-powered newbuild CTVs, dedicated to the Polish offshore wind industry.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">18 June 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group successfully completed the sale of Euronav Ship Management Hellas (ESMH) to Anglo- Eastern.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">24 June 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH took delivery of the fifth super-eco Newcastlemax Mineral Deutschland (2024 &#8211; 210,000 dwt).</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">28 June 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH took delivery of the Bochem Shanghai (2024 &#8211; 25,000 dwt).</div>
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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>
                    </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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
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                        <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 6 of 17 </div>
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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 March 2025 &#8211; 22:00 p.m. CET</div>
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                      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                      </div>
                      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
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                  <div>&#160;
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">2 July 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Extraordinary General meeting approved the name change from Euronav to CMB.TECH.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">15 July 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group changed its ticker from EURN to CMBT.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">5 August 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Newcastlemax Mineral Italia (2024 &#8211; 210,000 dwt) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">6 August 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The container vessel CMA CGM Etosha (2024 &#8211; 6,000 TEU) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">8 August 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The chemical tanker Bochem New Orleans (2024 &#8211; 25,000 dwt) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">28 August 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Newcastlemax Mineral Danmark (2024 &#8211; 210,000 dwt) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">4 September 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">JPNH<sub style="vertical-align: bottom; line-height: 1; font-size: smaller;">2</sub>YDRO, a joint venture between CMB.TECH, TSUNEISHI Facilities &amp; Craft and Kambara Kisen,
                      held an official ceremony to inaugurate the new hydrogen engine R&amp;D Center.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">26 September 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH sold two Suezmax vessels, Statia (2006, 150,205 dwt) &amp; Sapphira (2008, 150,205 dwt) to a wholly
                      owned subsidiary of CMB NV as part of the fleet rejuvenation.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">1 October 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The name change of Euronav NV to CMB.TECH NV, which was approved by shareholders at the Extraordinary General
                      Meeting of Euronav NV on 2 July 2024, became effective.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">7 October 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Suezmax Helios (2024 - 156,790 dwt) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">8 October 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Newcastlemax Mineral Eire (2024 &#8211; 210,000 dwt) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">15 October 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Newcastlemax Mineral Hellas (2024- 210,000 dwt) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">15 October 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The chemical tanker Bochem Brisbane (2024 - 25,000 dwt) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">16 October 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The container vessel CMA CGM Dolomites (2024 - 6,000 TEU) was delivered.</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">23 October 2024</div>
                    <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB reopened its Belgian public takeover bid on all shares in CMB.TECH not already owned by CMB or persons
                      affiliated with it.</div>
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                  <td style="width: 100%; vertical-align: top;" colspan="7">
                    <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                    <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                    </div>
                    <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 7 of 17 </div>
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                      <div><img src="image00002.jpg"><img src="image00003.jpg"></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>
                    </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 March 2025 &#8211; 22:00 p.m. CET</div>
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                      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                      </div>
                      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                      <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
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                      <div>&#160;
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">21 November 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The public takeover bid launched by CMB NV on all shares in CMB.TECH, not already owned by CMB or persons
                          affiliated with it, expired.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">22 November 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Newcastlemax Mineral Espana (2024 &#8211; 210,000 dwt) was delivered.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">25 November 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The Suezmax Orion (2024 - 156,790 dwt) was delivered.</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">9 December 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">CMB.TECH sold three Suezmax vessels, Selena (2007, 150,205 dwt), Cap Victor (2007, 158,853 dwt) &amp; Cap
                          Felix (2008, 158,765 dwt).</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">18 December 2024</div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">The group, together with Damen Shipyards, successfully launched the second Windcat CSOV in the water in
                          Vietnam.</div>
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                      <div>&#160;
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                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Events occurring after the end of the financial year ending 31 December 2024</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 31 December 2024, CMB.TECH has sold the Suezmax Cap Lara (2007, 158,826 dwt). The sale will generate
                            a capital gain of USD 18.78 million. The vessel was delivered to its new owner on 10 March 2025.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 7 January 2025, the Company took delivery of Newcastlemax Mineral Portugal (2025 - 210,754 dwt).</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On January 13, 2025, Windcat Workboats International BV, a subsidiary of CMB.TECH, has ordered a
                            newbuild hydrogen-powered (dual fuel) multifunctional harbour utility vessel (MPHUV) with Neptune Construction. Delivery is scheduled end 2025, beginning 2026.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 23 January 2025, the Company took delivery of Newcastlemax Mineral Osterreich (2025- 210,761 dwt).</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 27 January 2025, the VLCC Alsace (2012 &#8211; 299,999 DWT) has successfully been delivered to its new
                            owner. A capital gain of approximately USD 27.46 million will be accounted for in Q1 2025.</div>
                          <div style="text-align: left; 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 will generate a capital gain of
                            0.25 million USD. The vessel was delivered to its new owner in Q1 2025.</div>
                          <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 4 March 2025, CMB.TECH NV announced that it has entered into a share purchase agreement with Hemen
                            Holding Limited for the acquisition of 81,363,730 shares in Golden Ocean Group Limited (representing ca. 40.8%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> of Golden Ocean&#8217;s outstanding shares and votes which includes all Golden Ocean shares controlled by
                            Hemen), at a price of USD 14.49 per share.</div>
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                          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 24 March 2025, CMB.TECH announced that it has signed an agreement with Mitsui O.S.K. Lines, Ltd.
                            (&#8220;MOL&#8221;) and MOL CHEMICAL TANKERS PTE. LTD. (&#8220;MOLCT&#8221;) for nine ammonia-powered vessels. These vessels will be among the world's first ammonia-powered Newcastlemax bulk carriers and chemical tankers. The delivery of these ships is
                            expected between 2026 and 2029. Three ammonia-fitted 210.000 dwt Newcastlemax bulk carriers currently on order at Qingdao Beihai Shipyard will be jointly owned by CMB.TECH and MOL and chartered to MOL for a period of 12 years
                            each. Six chemical tankers - two ammonia fitted and four ammonia-ready - have been ordered at China Merchants Jinling Shipyard (Yangzhou) by CMB.TECH and chartered to MOLCT for 10 and 7 years each respectively.</div>
                          <div><br>
                          </div>
                        </div>
                        <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">On 21 March 2025, Golden Ocean Group Limited announced the appointment by the Board of Directors of Mr.
                          Patrick De Brabandere and Mr. Patrick Molis as Directors of the Company. Taking into account these changes, the Board of</div>
                      </div>
                    </td>
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              </table>
            </div>
            <br>
          </div>
          <br>
          <hr noshade="noshade" align="left" style="background-color: #000000; border: 0px; height: 1px; width: 2in; margin-left: 0pt; margin-right: auto; color: #000000;">
          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> Excluding treasury shares</div>
          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif;"> <br>
          </div>
          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif;">
            <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 style="width: 100%; vertical-align: top;" colspan="7">
                      <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                      <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                      </div>
                      <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 8 of 17 </div>
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                            <div><img src="image00002.jpg"><img src="image00003.jpg"></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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                          <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 March 2025 &#8211; 22:00 p.m. CET</div>
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                          <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                            </div>
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                          </td>
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              <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; border: 2px solid #000000; padding: 5px; width: 99%;">
                <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z5cbfcdb5659a4d69b64652f20cbeb6e8">

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                        <div>&#160;
                          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Directors currently consists of Mr. James O&#8217;Shaughnessy, Ms. Tonesan Amissah, Mr. Patrick De
                            Brabandere and Mr. Patrick Molis.</div>
                          <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">In March 2025, the Company took delivery of the CTV Hydrocat 60.</div>
                        </div>
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              <div style="border: 2px solid #000000; padding: 5px; width: 99%;">
                <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z736a337694034202805831893f3cdc0a">

                    <tr>
                      <td style="width: 100.00%;">
                        <div>&#160;
                          <div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">Financial calendar 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">10 April 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Annual report 2024 available on the website</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">14 May 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Announcement of first quarter results 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">15 May 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Annual General Meeting of Shareholders</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">7 August 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Announcement of second quarter results 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">14 August 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Half year report 2025 available on website</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">13 November 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Announcement of third quarter results 2025</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">26 February 2026</div>
                            <div style="text-align: left; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">Announcement of fourth quarter results 2025</div>
                          </div>
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            <br>
            <div><br>
            </div>
            <div style="text-align: justify; font-family: Univers, Calibri, sans-serif; font-size: 9pt;"><font style="font-family: Verdana, sans-serif; font-size: 10pt; color: #004B8E;">T</font><font style="color: #252F69;">he Supervisory Board, represented by Marc Saverys, its Chairman, and the Management Board, represented by Alexander Saverys, Chief Executive Officer, and Ludovic Saverys, Chief Financial Officer, hereby
                confirm, in the name and for account of CMB.TECH that, to the best of their knowledge the consolidated financial statements as of and</font><font style="font-family: Verdana, sans-serif; font-size: 10pt; color: #004B8E;">&#160;</font><font style="color: #252F69;">for the</font><font style="font-family: Verdana, sans-serif; font-size: 10pt; color: #004B8E;">&#160;</font><font style="color: #252F69;">year ended 31 December 2024 presented herein were established in accordance with applicable accounting standards (IFRS as adopted by the EU) and give a true and fair view, as defined by these
                standards, of the assets, liabilities, financial position and results of CMB.TECH NV.</font></div>
            <div style="margin-bottom: 8pt;"><br>
            </div>
            <div style="margin-bottom: 8pt;">
              <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="ze4ca298e8f104e25b3bd2cd06e8d8dc1">

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                    <td style="width: 50.00%;">
                      <div style="font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">&#160;On behalf of the Supervisory Board and the Management Board:</div>
                    </td>
                    <td style="width: 50.00%;">
                      <div style="font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">&#160;</div>
                    </td>
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                    <td style="width: 50%; font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">
                      <div>&#160;</div>
                      <div> <br>
                      </div>
                      <div> <br>
                      </div>
                      <div> <br>
                      </div>
                    </td>
                    <td style="width: 50.00%;">
                      <div style="font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">&#160;</div>
                    </td>
                  </tr>
                  <tr>
                    <td style="width: 50.00%;">
                      <div style="font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">&#160;Alexander Saverys<font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; width: 432pt;"> <br>
                        </font></div>
                    </td>
                    <td style="width: 50.00%;">
                      <div style="font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">&#160;Marc Saverys</div>
                    </td>
                  </tr>
                  <tr>
                    <td style="width: 50.00%;">
                      <div style="font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">&#160;Chief Executive Officer<font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; width: 12pt;"> <br>
                        </font></div>
                    </td>
                    <td style="width: 50.00%;">
                      <div style="font-family: Univers,Calibri,'sans-serif'; font-size: 9pt; color: rgb(37, 47, 105);">&#160;Chairman of the Supervisory Board</div>
                    </td>
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              </table>
            </div>
            <div style="margin-bottom: 8pt;"><br>
            </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;">

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                      <td style="width: 100%; vertical-align: top;" colspan="7">
                        <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                        <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                        </div>
                        <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page 9 of 17 </div>
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                          <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                            <div><img src="image00002.jpg"><img src="image00003.jpg"></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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                          <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 March 2025 &#8211; 22:00 p.m. CET</div>
                          </td>
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                          <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                            </div>
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                          </td>
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                <div><br>
                </div>
                <div style="text-align: right; margin-top: 12pt; color: #26315C; font-family: 'Univers Light', Calibri, sans-serif; font-size: 9pt; font-style: italic; font-weight: bold;">Annual report available on the website &#8211; 10 April 2025</div>
              </div>
              <div><br>
              </div>
              <div style="text-align: justify; margin-bottom: 8pt; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt; font-weight: bold;">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><u>https://cmb.tech</u></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;"><br>
              </div>
              <div style="margin-bottom: 8pt;">
                <div><br>
                </div>
                <div>
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                        <td style="width: 100%; vertical-align: top;" colspan="7">
                          <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                          </div>
                          <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">10</font> of 17 </div>
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                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">&#160;</div>
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                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-size: 11pt; font-weight: bold;">
                  <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;">

                          <tr>
                            <td style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
                            <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
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                            <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                              <div><img src="image00002.jpg"><img src="image00003.jpg"></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>
                            </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 March 2025 &#8211; 22:00 p.m. CET</div>
                            </td>
                          </tr>
                          <tr>
                            <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                              </div>
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                            </td>
                          </tr>

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                  </div>
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                <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</div>
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                      <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: 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>
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                    </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>
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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;">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>
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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;">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>
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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;">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>
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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;">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>
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                      <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>
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                      <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>
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                      <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;">10,074</div>
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                      <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>
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                    <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;">3,434,227</div>
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                      <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>
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                    <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>
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                      <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>
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                      <td style="width: 1.41%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; 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;">22,511</div>
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                      <td style="width: 50.44%; vertical-align: middle;">
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                      <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>
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                      <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>
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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;">Current tax assets</div>
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                      <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>
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                      <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>
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                    </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>
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                      <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>
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                    <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>
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                      <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>
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                    <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-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>
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                      <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>
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                    <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>
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                    <tr>
                      <td style="width: 50.44%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                      <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>
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                      <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>
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                    <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>
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                    <tr>
                      <td style="width: 50.44%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                      <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;">3,905,046</div>
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                      <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>
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                    <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: 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-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>
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                    <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>
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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;">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>
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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;">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>
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                      <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>
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                      <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>
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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;">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>
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                    </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>
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                    </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;">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;">1,450,869</div>
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                      <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: 70.35pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">438</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>
                    <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 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; 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;">2,320,066</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;">637,154</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>

                </table>
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              <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;">

                      <tr>
                        <td style="width: 100%; vertical-align: top;" colspan="7">
                          <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                          </div>
                          <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">11</font> of 17 </div>
                        </td>
                      </tr>

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                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">&#160;</div>
                </div>
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              <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
                <div style="page-break-after: always;" class="BRPFPageBreak">
                  <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
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              <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;">

                        <tr>
                          <td style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
                          <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
                        </tr>
                        <tr>
                          <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                            <div><img src="image00002.jpg"><img src="image00003.jpg"></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 March 2025 &#8211; 22:00 p.m. CET</div>
                          </td>
                        </tr>
                        <tr>
                          <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                            </div>
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                          </td>
                        </tr>

                    </table>
                  </div>
                </div>
                <div><br>
                </div>
              </div>
              <div><br>
              </div>
              <div>
                <table cellspacing="0" cellpadding="0" id="zff1035fbe4484bedb9b0c226b009aa8d" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                    <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>
                    </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;">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>
                      </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;">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;">201,937</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;">3,905,046</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>
              </div>
              <div> <br>
                <br>
                <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 style="width: 100%; vertical-align: top;" colspan="7">
                          <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                          </div>
                          <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">12</font> of 17 </div>
                        </td>
                      </tr>

                  </table>
                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">&#160;</div>
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              <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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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>
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              <div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-weight: bold;">
                  <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 style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
                            <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
                          </tr>
                          <tr>
                            <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                              <div><img src="image00002.jpg"><img src="image00003.jpg"></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 March 2025 &#8211; 22:00 p.m. CET</div>
                            </td>
                          </tr>
                          <tr>
                            <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                              </div>
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                            </td>
                          </tr>

                      </table>
                    </div>
                  </div>
                  <div><br>
                  </div>
                  <br>
                  Condensed consolidated statement of profit or loss</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" id="z6c1e0d6676a745978455e865ba6d748d" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                    <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>
                    </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;">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>
                    </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;">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>
                      </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;">(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>
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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;">
                        <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>
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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;">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>
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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;">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>
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                      <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>
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                </table>
                <div style="margin-bottom: 8pt;"><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 style="width: 100%; vertical-align: top;" colspan="7">
                            <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                            </div>
                            <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">13</font> of 17 </div>
                          </td>
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                    </table>
                    <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">&#160;</div>
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                <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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                <div>
                  <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-weight: bold;">
                    <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 style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
                              <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
                            </tr>
                            <tr>
                              <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                                <div><img src="image00002.jpg"><img src="image00003.jpg"></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 March 2025 &#8211; 22:00 p.m. CET</div>
                              </td>
                            </tr>
                            <tr>
                              <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                                </div>
                                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                              </td>
                            </tr>

                        </table>
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                    <div><br>
                    </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 comprehensive income</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>
                  <div style="margin-bottom: 8pt;"><br>
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                  <table cellspacing="0" cellpadding="0" id="ze153872ed581484aa11e85a8a47ada8f" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

                      <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; 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>
                        <td style="width: 19.48%; 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: 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>
                      </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-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>
                        </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;">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;">
                          <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt; font-style: italic;"><u>Items that will never be reclassified to profit or loss:</u></div>
                        </td>
                        <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.57%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                        <td style="width: 19.48%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                        <td style="width: 1.57%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#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>
                      </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;"><u>Items that are or may be reclassified to profit or loss:</u></div>
                        </td>
                        <td style="width: 1.57%; vertical-align: bottom;">&#160;</td>
                        <td style="width: 1.57%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                        <td style="width: 19.48%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#160;</td>
                        <td style="width: 1.57%; vertical-align: bottom; background-color: rgb(194, 210, 232);">&#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;">Foreign currency translation differences</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;">(2,280)</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;">259</div>
                        </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;">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>
                        </td>
                      </tr>
                      <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>
                        </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;">(25,749)</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;">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>
                        </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;">(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>
              </div>
              <div> <br>
              </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 style="width: 100%; vertical-align: top;" colspan="7">
                          <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                          </div>
                          <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">14</font> of 17 </div>
                        </td>
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                  </table>
                  <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">&#160;</div>
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              <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
                <div style="page-break-after: always;" class="BRPFPageBreak">
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              </div>
              <div>
                <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-weight: bold;">
                  <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 style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
                            <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
                          </tr>
                          <tr>
                            <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                              <div><img src="image00002.jpg"><img src="image00003.jpg"></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 March 2025 &#8211; 22:00 p.m. CET</div>
                            </td>
                          </tr>
                          <tr>
                            <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                              </div>
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                              <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                            </td>
                          </tr>

                      </table>
                    </div>
                  </div>
                  <div><br>
                  </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</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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                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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>
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                      <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>
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                      <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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; 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: 9.92%; 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: 37.56%; 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: 8.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 37.56%; 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: 8.92%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 9.92%; vertical-align: bottom;">&#160;</td>
                    </tr>
                    <tr>
                      <td style="width: 100%; vertical-align: top;" colspan="8">&#160;</td>
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                </table>
                <div style="margin-bottom: 8pt;"><br>
                </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 style="width: 100%; vertical-align: top;" colspan="7">
                            <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                            <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                            </div>
                            <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">15</font> of 17 </div>
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                    <div style="text-align: right; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 9pt;">&#160;</div>
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                <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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                <div>
                  <div style="text-align: center; margin-bottom: 8pt; color: #002060; font-family: Univers, Calibri, sans-serif; font-weight: bold;">
                    <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 style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
                              <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
                            </tr>
                            <tr>
                              <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                                <div><img src="image00002.jpg"><img src="image00003.jpg"></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 March 2025 &#8211; 22:00 p.m. CET</div>
                              </td>
                            </tr>
                            <tr>
                              <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
                                </div>
                                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                                <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                              </td>
                            </tr>

                        </table>
                      </div>
                    </div>
                    <div><br>
                    </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 cash flows</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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                      <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: 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>
                        </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: 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: 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>
                        </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;">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;">(325)</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;">1,893</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>
                        </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;">7,410</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; font-style: italic;">(2,286)</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 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>
                        </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 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>
                        </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 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>
                        </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;">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>
                        </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 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>
                        </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 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>
                        </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 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>
                        </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;">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>
                        </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;">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>
                        </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;">2,000</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;">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>
                        </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-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Net cash on deconsolidation / sale 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; 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>
                        </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;">Investments in other companies</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;">(45,000)</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;">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>
                        </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-left: 2.25pt; 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; text-indent: 42.55pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(79,930)</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: 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;">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;">(680,230)</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>
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                        <td style="width: 100%; vertical-align: top;" colspan="7">
                          <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: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
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                          <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">16</font> of 17 </div>
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                          <td style="background-color: #17375E; vertical-align: top; width: 54.05%;" rowspan="1">&#160;</td>
                          <td style="background-color: #17375E; vertical-align: top; width: 45.95%;" rowspan="1">&#160;</td>
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                          <td style="width: 54.05%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="2">
                            <div><img src="image00002.jpg"><img src="image00003.jpg"></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>
                          </td>
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                          <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 March 2025 &#8211; 22:00 p.m. CET</div>
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                          <td style="width: 100%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
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                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Regulated information</div>
                            <div style="text-align: center; color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">&#160;</div>
                          </td>
                        </tr>

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                <table cellspacing="0" cellpadding="0" id="za4cff27f16a345489c12c922fcde3bc1" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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                      <td style="width: 55.1%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; 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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                      <td style="width: 55.1%; vertical-align: middle;">
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
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                        <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>
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                    <tr>
                      <td style="width: 55.1%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
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                        <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>
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                      <td style="width: 55.1%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; 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>
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                      <td style="width: 55.1%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
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                        <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>
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                      <td style="width: 55.1%; 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>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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;">(54,299)</div>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; 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>
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                      <td style="width: 55.1%; 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: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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;">(19,223)</div>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
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                        <div style="text-align: right; text-indent: 47.05pt; margin-right: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">(14,530)</div>
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                      <td style="width: 55.1%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Dividends paid</div>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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;">(1,126,683)</div>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; 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;">(630,540)</div>
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                      <td style="width: 55.1%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 18.77%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
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                      <td style="width: 55.1%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 18.77%; 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;">(172,971)</div>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; 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;">(1,460,887)</div>
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                      <td style="width: 55.1%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; vertical-align: bottom;">&#160;</td>
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                    <tr>
                      <td style="width: 55.1%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 18.77%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
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                      <td style="width: 55.1%; vertical-align: middle; border-bottom: #000000 2px solid;">
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                      </td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 18.77%; 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;">(394,137)</div>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; 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;">246,173</div>
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                    <tr>
                      <td style="width: 55.1%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; vertical-align: bottom;">&#160;</td>
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                    <tr>
                      <td style="width: 55.1%; 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 and cash equivalents at the beginning of the period</div>
                      </td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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;">429,370</div>
                      </td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; 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;">179,929</div>
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                    <tr>
                      <td style="width: 55.1%; vertical-align: middle;">
                        <div style="margin-right: 2.25pt; margin-left: 2.25pt; color: #002060; font-family: Verdana, sans-serif; font-size: 7pt;">Effect of changes in exchange rates</div>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; 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;">3,636</div>
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                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 19.82%; 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;">3,268</div>
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                      <td style="width: 55.1%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 18.77%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8; border-bottom: #000000 2px solid;">&#160;</td>
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                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 18.77%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom; background-color: #C2D2E8;">&#160;</td>
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                      <td style="width: 18.77%; vertical-align: bottom;">&#160;</td>
                      <td style="width: 1.58%; vertical-align: bottom;">&#160;</td>
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                      <td style="width: 19.82%; vertical-align: bottom;">&#160;</td>
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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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                          <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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                          <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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                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">Tel: +32 498617111</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;">joris.daman@cmb.tech</div>
                          <div style="color: #252F69; font-family: Univers, Calibri, sans-serif; font-size: 8pt;"> <br>
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                          <div style="text-align: right; color: rgb(37, 47, 105); font-family: Univers,Calibri,sans-serif; font-size: 8pt;">Page <font class="BRPFPageNumber">17</font> of 17 </div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
