ANNUAL GENERAL MEETING OF 16 MAY 2024 - CLARIFICATION AS TO THE TAX TREATMENT OF
THE PROPOSED DISTRIBUTION

ANTWERP, Belgium, 14 May 2024 - Euronav NV (NYSE: EURN & Euronext: EURN) 
("Euronav" or the "Company") clarifies that the proposal by the Supervisory
Board to the 
Annual Shareholders' Meeting on 16 May 2024 to distribute USD 4.57 per share to
all 
shareholders, is a payout in cash which is proposed as a combination of a
dividend (USD 
0.27 per share) and a distribution out of the available share premium (USD 4.30
per share).

The dividend distribution is subject to 30% withholding tax (to the extent no
exemption or 
reduction applies). Of the share premium distribution, USD 0.81 per share is
subject to 
30% withholding tax (to the extent no exemption or reduction applies). The
remaining USD 
3.49 per share is exempt from any withholding tax.
 
*
* *
Contact:
Head of Marketing & Communications - Katrien Hennin
Tel: +32 499393470 
Email: Katrien.hennin@cmb.tech

Annual General Meeting - 16 May 2024 
About Euronav NV & CMB.TECH
Euronav and CMB.TECH together represent a group with around 150 ocean-going
vessels (including newbuildings) 
in dry bulk, container shipping, chemical tankers, offshore wind and oil
tankers. The group focuses on large 
marine and industrial applications on hydrogen or ammonia. They also offer
hydrogen and ammonia fuel to 
customers, through own production or third-party producers. The company is
headquartered in Antwerp, Belgium, 
and has offices across Europe and Asia. 

Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN.

Euronav plans to change the group's name to CMB.TECH. Euronav will remain the
oil tanker shipping company 
within the group.

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 or meet expected timings. 

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 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.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange