Stock Exchange

CMB.TECH’s merger with Golden Ocean is progressing, with Golden Ocean shareholders voting on approval August 19, 2025. The stock-for-stock merger entails an exchange ratio of 0.95 CMB.TECH shares per Golden Ocean share. Pending shareholder approval and secondary listing on Euronext Oslo Børs, the merger is expected to close around August 20, 2025, initiating trading of new shares on multiple exchanges. The company has received demand letters and faces potential dissenting shareholder actions and legal proceedings, and must complete Golden Ocean’s refinancing.