The calculation of basic earnings per share was based on a result attributable to ordinary shares and a

weighted average number of ordinary shares outstanding during the six month period ended June of each


	For the six month period ended

		June 30, 2025	June 30, 2024

Result for the period (in USD)		51,766,350	679,620,307
Weighted average number of ordinary shares		194,216,835	197,886,375
Basic earnings per share (in USD)		0.27	3.43


(in shares)	Shares issued	Treasury shares	Shares outstanding	Weighted number of shares
On issue at January 1, 2025	220,024,713	25,807,878	194,216,835	194,216,835
Issuance of shares	—	—	—	—
Purchases of treasury shares	—	—	—	—
Withdrawal of treasury shares	—	—	—	—
Transfer of treasury shares	—	—	—	—
On issue at June 30, 2025	220,024,713	25,807,878	194,216,835	194,216,835

For the six months ended June 30, 2025, the diluted earnings per share (in USD) amount to 0.27 (2024:

3.43). As of January 1, 2024, the Company no longer has instruments that can give rise to dilution.

The table below shows the potential weighted number of shares that could be created if all stock options

There are no more remaining outstanding instruments at June 30, 2025 and June 30, 2024 which can give

(in shares)

June 30, 2025

June 30, 2024

Weighted average of ordinary shares outstanding (basic)

Effect of share-based payment arrangements

Weighted average number of ordinary shares (diluted)