Form of Proxy

To re-elect John Fredriksen as a Director of the Company.

To re-elect James OShaughnessy as a Director of the Company.

To re-elect Ola Lorentzon as a Director of the Company.

To re-elect Cato Stonex as a Director of the Company.

To re-elect Ørjan Svanevik as a Director of the Company.

To re-elect Dr. Maria Papakokkinou as a Director of the Company.

To elect Richard C. Prince as a Director of the Company.

To re-appoint PricewaterhouseCoopers of Limassol, Cyprus as auditors and to authorise the Directors to determine their remuneration.

To approve the remuneration of the Companys Board of Directors of a total amount of fees not to exceed USD 600,000 for the year ending December 31, 2025.

To approve with effect from 12:00 p.m. (Cyprus time) on 8th December, 2025 (the Effective Date) and for a period of twelve (12) calendar months from the Effective Date the exclusion of the shareholders right of pre-emption with respect to any offer by the Company to the public against cash consideration, as may be decided by the Board of Directors from time to time, of a maximum of 377,377,111 ordinary shares of nominal value USD 1 each ranking pari passu with the existing ordinary shares ...(due to space limits, see proxy material for full proposal).

To approve with effect from 12:00 pm (Cyprus time) on 8th December, 2025 (the Effective Date) and for a period of twelve (12) calendar months from the Effective Date the exclusion of the shareholders right of pre-emption with respect to any offer by the Company to the public for cash consideration as may be decided by the Board of Directors from time to time, of a maximum of 377,377,111 debentures or other securities convertible into ordinary shares of nominal value USD 1 each ...(due to space limits, see proxy material for full proposal).

To approve on an advisory vote basis the Companys Remuneration Report for the year ended December 31st, 2024 pursuant to the provisions of the Encouragement of Long-Term Shareholders Engagement Law 111(I)/2021.