#Denmark #Board of Directors #Hellerup #TORM plc #Jann Brown

TORM plc Appoints Jann Brown to its Board of Directors

TORM plc, a notable leader in the transportation of refined oil products, has announced significant governance enhancement with the appointment of Jann Brown to its Board of Directors. This development, effective from October 1, 2026, is perceived as a thoughtful step towards reinforcing the company’s commitment to strong leadership and value creation for shareholders.

The decision arises from a planned succession process that underlines TORM's aim for sustained governance and operational continuity. The announcement has created a wave of anticipatory excitement regarding TORM's strategic direction in an increasingly complex market environment.

Annette Malm Justad has also been promoted to the role of Senior Independent Director, further solidifying the board's governance framework. This strategic alignment suggests a determined focus on not only overseeing TORM’s business operations but also appropriately engaging with its shareholders and stakeholders.

Speaking on the appointment, Simon Mackenzie Smith, Chair of the Board, expressed confidence in Jann Brown's capabilities. Smith stated, "I am delighted to welcome Jann to the Board of TORM. Her extensive international experience, strong financial background, and broad board expertise will be a valuable addition. Together, with our management team, I am confident we are well positioned to navigate the changing market and enhance shareholder value."

In response to her upcoming role, Jann Brown shared her excitement, declaring it an honor to join TORM's Board at a pivotal time. She noted the company's strong market position and capable management as vital components of its long-term ambitions. Brown looks forward to leveraging her expertise in contributing to TORM's ongoing success story.

About Jann Brown

Jann Brown brings a wealth of experience to the board, with a storied career encompassing multiple sectors including energy, engineering services, manufacturing, and investment management. A seasoned board member, she has honed her skills in fields such as financial reporting, risk management, and corporate governance throughout her tenure in various executive and non-executive positions in listed companies. A qualified Chartered Accountant with an Honours degree in history from the University of Edinburgh, Brown's multifaceted background stands to enhance TORM’s strategic decisions significantly.

TORM plc operates globally and is recognized as one of the foremost carriers of refined oil products. Founded in 1889, the company is committed to a rigorous safety culture, environmental responsibility, and superior customer service. TORM's shares are publicly traded on both Nasdaq Copenhagen and Nasdaq New York under the tickers TRMD A and TRMD respectively.

This move to include Jann Brown on the Board signals TORM's progressive stance towards future challenges and opportunities within the maritime and oil transportation sectors. The addition is expected to boost TORM's governance framework further enhancing its ability to thrive and adapt amid evolving market dynamics.

TORM remains steadfast in its commitment to delivering sustained value for its investors and will continue to explore avenues for growth and operational excellence. As TORM positions itself for future challenges, the expertise brought by new board members like Jann Brown is likely to play a significant role in navigating the road ahead.