CMB.TECH Posts Revenue Of USD 235 Million In Q1

CMB.TECH NV CMBT:

• PROFIT OF USD 40.4 MLN IN Q1 2025

• IN Q1 CMB.TECH INCREASES ITS CONTRACT BACKLOG BY USD 921 MLN(TO USD 2.94 BLN)

• FROM A LONGER-TERM PERSPECTIVE, STRUCTURAL HEADWINDS REMAIN

• CMB.TECH - Q1 EBITDA (A NON-IFRS MEASURE) USD 158.4 MLN(FIRST QUARTER 2024: USD 550.5 MLN)

• CMB.TECH IN Q1 CMB.TECH REALISED A NET GAIN OF USD 40.4 MLN OR USD 0.21 PER SHARE

• PERSISTENT DOWNWARD PRESSURE ON OIL PRICES COULD OVER TIME CURTAIL PRODUCTION, EXPORTS FROM US, BROADER AMERICAS, FURTHER WEIGHING ON TANKER DEMAND

• Q1 REVENUE USD 235.0 MLN