Fourworld request denied - Offers will close as scheduled
FOURWORLD REQUEST DENIED - OFFERS WILL CLOSE AS SCHEDULED
ANTWERP, Belgium, 14 March 2024 - Euronav NV ("EURN", "Euronav" or "theCompany") (NYSE: EURN & Euronext: EURN) has been informed that the claim initiated byFourWorld Capital Management LLC has been rejected by the United States District Courtforthe Southern District of New York.
More information can be found in the press release by CMB that can beconsultedhere.
Contact:Communications Coordinator - Enya Derkinderen Tel: +32 476646359 Email: communications@euronav.com
Head of Marketing & Communications - Katrien Hennin Tel: +32 499393470 Email: katrien.hennin@cmb.be
Publication final year results - 4 April 2024
About Euronav NV & CMB.TECHEuronav and CMB.TECH together represent a group with around 150 ocean-goingvessels in dry bulk, container shipping, chemical tankers, offshore wind and oil tankers. The group focusesonlarge marine and industrial applications on hydrogen or ammonia. They also offer hydrogen and ammonia fuelto customers, through own production or third-party producers. The company is headquartered in Antwerp,Belgium, and has offices across Europe and Asia.
Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN.
Euronav plans to change the group's name to CMB.TECH. Euronav will remain theoil tanker shipping division within the group.
More information can be found at www.euronav.com.
About CMBCMB (Compagnie Maritime Belge) is a diversified shipping group based inAntwerp,Belgium. CMB is the majority shareholder of Euronav.
More information can be found at www.cmb.be.
Forward-Looking StatementsMatters discussed in this press release may constitute forward-lookingstatements. The Private Securities Litigation Reform Act of 1995 provides safe harbourprotections for forward-looking statements in order to encourage companies to provideprospective information about their business. Forward-looking statements includestatements concerning plans, objectives, goals, strategies, future events or performance,andunderlying assumptions and other statements, which are other than statementsofhistorical facts. The Company desires to take advantage of the safe harbourprovisions of the Private Securities Litigation Reform Act of 1995 and is including thiscautionary statement in connection with this safe harbour legislation. The words"believe",
"anticipate", "intends", "estimate", "forecast", "project", "plan","potential","may", "should", "expect", "pending" and similar expressions identify forward-lookingstatements.The forward-looking statements in this press release are based upon variousassumptions, many of which are based, in turn, upon further assumptions, including withoutlimitation, our management's examination of historical operating trends, data contained inour records and other data available from third parties. Although we believe thatthese assumptions were reasonable when made, because these assumptions areinherently subject to significant uncertainties and contingencies which are difficult orimpossible to predict and are beyond our control, we cannot assure you that we will achieveor
accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in ourview, could cause actual results to differ materially from those discussed in theforward-looking statements include uncertainty as to the number of shares that will betenderedin the Bid and the impact on the continued listing of the shares on the New York StockExchange or Euronext Brussels, the failure of counterparties to fully perform theircontracts with us, the strength of world economies and currencies, general market conditions,including
fluctuations in charter rates and vessel values, changes in demand for tankervessel capacity, changes in our operating expenses, including bunker prices,dry-docking and insurance costs, the market for our vessels, availability of financing andrefinancing, charter counterparty performance, ability to obtain financing and comply withcovenants in such financing arrangements, changes in governmental rules and regulationsoractionstaken by regulatory authorities, potential liability from pending or futurelitigation, general domestic and international political conditions, potential disruption ofshipping routes dueto accidents or political events, vessels breakdowns and instances ofoff-hiresand otherfactors. Please see our filings with the United States Securities and ExchangeCommissionfor a more complete discussion of these and other risks and uncertainties.
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