FRO – Changes to the Board Composition

Core Viewpoint - Frontline plc announces the resignation of Mr. Ørjan Svanevik as Director and the appointment of Mr. Mikkel Storm Weum as his successor, highlighting a transition in leadership within the company [1]. Group 1: Leadership Changes - Mr. Ørjan Svanevik has resigned as Director of Frontline plc, and the Board expresses gratitude for his contributions during his tenure [1]. - Mr. Mikkel Storm Weum has been appointed as a new Director, bringing extensive experience in the maritime industry [1]. Group 2: Mr. Mikkel Storm Weum's Background - Mr. Weum is currently an Investment Director at Seatankers Management Norway AS, focusing on Sale and Purchase, Newbuildings, and Projects [2]. - He serves on the Board of NYSE-listed companies Flex LNG Ltd and Star Bulk Carriers Corp, indicating a strong presence in the shipping sector [2]. - Mr. Weum has held senior positions in SFL Management AS and Teekay Offshore, with a focus on Business Development and Commercial operations [2]. - He holds a Master's degree in Naval Architecture from Newcastle University and a MSc in Shipping Trade and Finance from Cass Business School, City University, showcasing his academic credentials [2].