On the cost side, vessel OPEX was higher quarter over quarter as the second quarter was impacted by higher crew travel costs related to the disruptions in the Middle East.

Aug 19, 2026 / receipt, needs a key / Knut Traaholt, CFO | earnings call 2026-08-19 | transcript ac72e243-6d78-400a-908d-e0aea30c4b33 | chars 5699-5870 | segment 6

Income tax expense reported in the income statement ( 82 ) ( 132 ) ( 78 ) A reconciliation between the tax expense and the product of the accounting profit multiplied by the Bermuda domestic tax rate for the year ended December 31, 2025, 2024 and 2023 is as follows: (in thousands of $) 2025 2024 2023 Income before tax 74,897 117,816 120,117 Income tax at 0 % (2024: 0 % (2023: 0 %)) - - - Effect of higher

filing / Feb 27, 2026 / receipt

$200 will not recognize that gain, to the extent that there are not expenses associated with the transaction that meet the requirement for deductibility as a trade or business expense (other than travel expenses in connection with a business trip or as an expense for the production of income).

filing / Feb 27, 2026 / receipt

• fail to realize anticipated benefits, such as cost savings or cash flow enhancements; • incur or assume unanticipated liabilities, losses or costs associated with any vessels or businesses acquired, particularly if any vessel we acquire proves not to be in good condition; • be unable to hire, train or retain qualified shore and seafaring personnel to manage and operate our growing business and fleet; • decrea

filing / Feb 27, 2026 / receipt

We lease office space in Oslo, Norway from Front Ocean Management AS, a related party. ITEM 4A. UNRESOLVED STAFF COMMENTS None.

filing / Feb 27, 2026 / receipt

• incur other significant charges, such as impairment of goodwill or other intangible assets, asset devaluation or restructuring charges.

filing / Feb 27, 2026 / receipt