 With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from TEAM Tankers Deep Sea Ltd, TORM plc TORM has increased its share capital by 877,128 A-shares corresponding to USD 8,771.28 as a result of the delivery of the first vessel of the transaction, the MR vessel TEAM Corrido. 