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Monaco - May 05, 2026 Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.45 per share and authorized the replenishment of the 2023 Securities Repurchase Program to $500.0 million. Results for the three months ended March 31, 2026 and 2025 For the three months ended March 31, 2026, the Company had net income of $216.3 million, or $4.58 basic and $4.32 diluted earnings per share. For the three months ended March 31, 2026, the Company had adjusted net income (see Non-IFRS Measures section below) of $150.9 million, or $3.20 basic and $3.02 diluted earnings per share, which excludes from net income (i) a $65.9 million, or $1.40 per basic and $1.32 per diluted share, gain on sales of vessels and (ii) a $0.5 million, or $0.01 per basic and diluted share, write-off of deferred financing fees. For the three months ended March 31, 2025, the Company had net income of $58.2 million, or $1.26 basic and $1.22 diluted earnings per share. For the three months ended March 31, 2025, the Company had adjusted net income (see Non-IFRS Measures section below) of $49.0 million, or $1.06 basic and $1.03 diluted earnings per share, which excludes from net income (i) a $9.4 million, or $0.20 per basic and per diluted share, fair value gain on financial assets measured at fair value, and (ii) a $0.3 million, or $0.01 per basic and diluted share, loss on the extinguishment of debt and write-offs of deferred financing fees. Declaration of Dividend On May 4, 2026, the Board of Directors declared a quarterly cash dividend of $0.45 per common share, with a payment date of June 15, 2026 to all shareholders of record as of May 29, 2026 (the record date). As of May 4, 2026, there were 50,417,981 common shares of the Company issued and outstanding. Full report About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns 87 product tankers (32 LR2 tankers, 41 MR tankers and 14 Handymax tankers) with an average age of 10.2 years. The Company has reached agreements to sell six MR product tankers and three LR2 product tankers, which are expected to close in the second quarter of 2026. The Company has also reached agreements for four MR newbuildings that are currently under construction with deliveries expected in 2026 and 2027, four LR2 newbuildings with deliveries expected in 2027 and 2029 and two VLCC newbuildings with deliveries expected in the second half of 2028. Additional information about the Company is available at the Company's website www.scorpiotankers.com, which is not a part of this press release. Scorpio Tankers Inc. press release 
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