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Frontline Announced Earlier Confirmation That It Received From Euronav An Arbitration Request For Proceedings On The Merits Following Frontline’s Decision To Terminate The Combination Agreement

Frontline plc ("Frontline") (NYSE: FRO), formerly Frontline Ltd., confirms that it has received from Euronav NV an arbitration request for proceedings on the merits following Frontline's decision to terminate the combination agreement as further explained in Frontline's press release dated 9 January 2023.

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Euronav Acknowledged Receipt From CMB NV of a Letter to Our Supervisory Board Asking It to Terminate the Combination Agreement With Frontline; Reaffirms Commitment to Combination

Euronav NV ("EURN" or "Euronav") (NYSE: EURN & Euronext: EURN) acknowledges the receipt from CMB NV ("CMB") of a letter to our Supervisory Board asking it to terminate the Combination Agreement with Frontline Ltd. ("Frontline"), following the publication of a 13D filing in relation to the recent increase of its holdings in Euronav.

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