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NOL: Annual Report 2025

Northern Ocean Limited (OSE: NOL) is pleased to announce that the annual report
for the financial year ended 2025 has been approved.

Hamilton, Bermuda
30 April, 2026

Additional information about the Company can be found at:
http://www.northernocean.no

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.