UPDATE ON FIXED INCOME INVESTOR MEETINGS

Rhea-AI Summary

CMB.TECH (NYSE: CMBT) provided an update on fixed income investor meetings on October 23, 2025. After engaging potential investors, the company decided not to proceed with an issuance of a senior unsecured bond because the indicative terms available in current market conditions were less favourable than other funding sources available to the company. The company referenced prior investor meetings dated October 20, 2025 and provided investor relations contacts for further inquiries.

For more information, contact Joris Daman or Katrien Hennin at the provided phone numbers and emails.

Positive

• Engaged potential investors via fixed income meetings
• Avoided proceeding with less favourable bond terms

Negative

• Will not issue a senior unsecured bond as of Oct 23, 2025
• Indicative bond terms were less favourable under current market conditions

Press release

Antwerp, Oct. 23, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) (“CMB.TECH”) references the stock exchange release dated 20 October 2025 regarding fixed income investor meetings.

Following engagement with potential investors, CMB.TECH has decided not to proceed with the issue of a senior unsecured bond. The indicative terms offered under the current market conditions were less favourable compared to the other funding sources available to the Company.

For further information, please contact:

Joris Daman - Head of Investor Relations CMB.TECH - +32 498 61 71 11 - joris.daman@cmb.tech

Katrien Hennin - Head of Marketing and Communications CMB.TECH - +32 499 39 34 70 - katrien.hennin@cmb.tech

About CMB.TECH

CMB.TECH is one of the largest listed, diversified and future-proof maritime groups in the world with a fleet of about 250 vessels: dry bulk vessels, crude oil tankers, chemical tankers, container vessels, offshore wind vessels and port vessels. CMB.TECH also offers hydrogen and ammonia fuel to customers, through own production or third-party producers. 

CMB.TECH is headquartered in Antwerp, Belgium, and has offices across Europe, Asia, United States and Africa.

CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol “CMBT” and on Euronext Oslo Børs under the ticker symbol “CMBTO”.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbour protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary 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-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include potential legal actions by other parties relating to the Market Court’s decision, the outcome of the proceedings pending before the Enterprise Court in Antwerp, the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the United States Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Attachment

• UPDATE ON FIXED INCOME INVESTOR MEETINGS

Katrien Hennin
CMB.TECH
+32 499393470
katrien.hennin@cmb.tech

FAQ

Why did CMBT decide not to issue a senior unsecured bond on October 23, 2025?

CMBT said the indicative terms from investor engagement were less favourable than other funding sources available.

Does CMBT plan to seek alternative funding after cancelling the bond (CMBT Oct 23, 2025)?

The company indicated other funding sources were available and more favourable; no specific alternative was announced.

When were the fixed income investor meetings referenced by CMBT (symbol CMBT)?

The company referenced investor engagement following a stock exchange release dated October 20, 2025 and provided an update on October 23, 2025.

Who can investors contact about CMBT's funding update on October 23, 2025?

Contact Joris Daman, Head of Investor Relations, or Katrien Hennin, Head of Marketing and Communications, via the provided phone numbers or emails.

Does the Oct 23, 2025 update from CMBT mean the company lost access to debt markets?

The update states indicative terms were less favourable versus other funding sources; it does not state loss of access to debt markets.