Brookfield Corporation becomes TORM plc's controlling shareholder

HELLERUP, Denmark, Aug. 7, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD.A) hereby announces that:

Oaktree Capital Group Holdings GP, LLC ("Oaktree") has notified TORM plc that, following a change in the ownership structure of OCM Njord Holdings S.à r.l. ("Njord Luxco"), Oaktree no longer indirectly holds any shares or voting rights in TORM plc as of 31 July 2026. As part of the transaction, Brookfield Corporation has become the ultimate controlling shareholder of Njord Luxco.

Njord Luxco's direct ownership interest in TORM plc remains unchanged. Njord Luxco continues to hold 20,329,874 Class A shares in TORM plc, each with a nominal value of USD 0.01, representing 19.86% of TORM plc's total share capital and voting rights.

Njord Luxco is jointly controlled by OCM Luxembourg Opps IX S.à r.l. and OCM Luxembourg Opps IX (Parallel II) S.à r.l., which are ultimately controlled by Brookfield Corporation.

Njord Luxco is a limited liability company organized under the laws of Luxembourg under registration number B 176.516 with its registered office at 26A, Boulevard Royal, L-2449 Luxembourg.

Brookfield Corporation is organized as an Ontario, Canada corporation under registration number 1644037 with its registered office at Suite 100, Brookfield Place, 181 Bay Street, Toronto, Ontario, Canada M5J 2T3. The shares of Brookfield Corporation are publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX).