Scorpio Tankers Said On May 31, 2023, The Company's Board Of Directors Replenished The 2023 Securities Repurchase Program To Purchase Up To An Aggregate Of $250M Of The Company's Securities

On May 31, 2023, the Company’s Board of Directors replenished the 2023 Securities Repurchase Program to purchase up to an aggregate of $250 million of the Company’s securities which, in addition to its common shares also consist of its Senior Unsecured Notes Due 2025 (NYSE:SBBA). This program resets the program that was previously replenished on May 1, 2023. There is $250 million available under the 2023 Securities Repurchase Program as of June 1, 2023.