CLARIFICATION ANNOUNCEMENT

Rhea-AI Summary

CBL International (NASDAQ: BANL) issued a clarification on October 24, 2025 addressing recent share price and volume fluctuations. The company said it is not aware of any material undisclosed information and that all operations are running as usual. CBL reaffirmed its commitment to transparency and to disclose any material news through official channels.

Shareholders were advised to rely only on official company communications and to contact investor relations at investors@banle-intl.com for inquiries.

KUALA LUMPUR, Oct. 24, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”), a leading marine fuel logistics company in the Asia-Pacific region, is issuing this announcement in response to recent fluctuations in the Company's share price and trading volume.

The Company is not aware of any material, undisclosed information that would account for this market activity. All operations of the Company are running as usual. CBL reaffirms its commitment to transparency and timely disclosure in compliance with all applicable rules and regulations of the U.S. Securities and Exchange Commission and the Nasdaq Stock Market. The Company will announce any material news through its official channels when and as required. Shareholders are advised to rely solely on these official communications.

For further inquiries, please contact our investor relations team at investors@banle-intl.com.

About the Banle Group

CBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistics company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with a one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in 65 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam. The Group actively promotes the use of sustainable fuels and has been awarded the ISCC EU and ISCC Plus certifications.

For more information about our Company, please visit our website at: https://www.banle-intl.com.

Forward-Looking Statements

Certain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, fuel prices and tariffs, market, financial, political and legal conditions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC.

CBL INTERNATIONAL LIMITED
(Incorporated in the Cayman Islands with limited liabilities)

For more information, please contact:

CBL International Limited
Email: investors@banle-intl.com

Strategic Financial Relations Limited
Shelly Cheng Tel: (852) 2864 4857
Iris Au Yeung Tel: (852) 2114 4913
Email: sprg_cbl@sprg.com.hk

FAQ

What did CBL International (BANL) announce on October 24, 2025 about its trading activity?

CBL said it is not aware of any material undisclosed information and noted normal operations despite recent share price and volume fluctuations.

Does the October 24, 2025 BANL clarification indicate operational disruptions?

No; the company stated that all operations are running as usual.

Where will CBL International (BANL) publish material news following the October 24, 2025 clarification?

The company will announce any material news through its official channels as required by SEC and Nasdaq rules.

How should shareholders verify material news for BANL after the October 24, 2025 clarification?

Shareholders are advised to rely solely on CBL's official communications and contact investor relations at investors@banle-intl.com for inquiries.

Did CBL International (BANL) disclose any financial details in the October 24, 2025 clarification?

No; the clarification did not include financial figures or new financial guidance.