Exhibit 99.1 Highlights “During the second quarter of 2023, we experienced a continued healthy rate environment, contributing to a profit before tax of USD 184m compared to USD 107m in the same period last year,” says Jacob Meldgaard and continues: “Based on this, we will return USD 126.6m to our shareholders as dividends for the period.” Results Coverage financing. Since the announcement in March 2023, TORM • TCE for Q2 2023: USD/day 36,360 (Q2 2022: USD/day • As of 14 August 2023, the coverage for the thi ...