OSM Thome welcomes new institutional investors

21 February 2025

OSM Thome is pleased to announce that institutional investors advised by J.P. Morgan Asset
Management’s Global Transportation Group (“JPMGTG”) will acquire a stake in global ship
management company OSM Thome, subject to regulatory approval. The investors will help support
the future growth of the business. OSM Thome’s founding shareholders, OSM Maritime Partners
(“OSMMP”) and Skagerak Holding (“Skagerak”) will continue as shareholders, resulting in a long–
term ownership constellation that ensures both continuity and growth. Existing financial investor,
funds managed by Oaktree Capital Management, L.P. (“Oaktree”) will fully exit the business in the
transaction.

In 2018, Oaktree invested in OSM Maritime Group, which following the merger with Thome in 2023
became OSM Thome.

Going forward, the founder of OSM, Bjørn Tore Larsen, and the Eek Thorstensen family, who
established Thome, will continue to have significant ownership stakes in OSM Thome, through their
respective companies OSMMP and Skagerak. Bjørn Tore Larsen and Claes Eek Thorstensen will
continue as members of the board of OSM Thome. They represent valuable industry knowledge and
continuity.

The current management will continue in their roles, further signalling continuity to customers and
employees.

“We have had a very good collaboration with Oaktree, and their involvement has definitely
contributed positively to the development of the company over the past years. They are now selling
their stake, in line with their plan from the start. We are looking forward to continuing to grow OSM
Thome together with a new investor who has a long–term perspective and solid expertise in shipping,”
says Bjørn Tore Larsen, Chair of the Board of OSM Thome.

“JPMGTG’s involvement represents high quality, financial depth and a long term commitment to the
industry. We have had the pleasure of working with them for many years, and we warmly welcome
them onboard as partners. I am here speaking on behalf of all our talented people, as well as myself
and the Thorstensen family with whom we have successfully partnered for the last two years” says
Bjørn Tore Larsen.

“I am proud of the partnership we have built and the successes we have achieved since 2018, growing
this business into one of the world’s leading ship managers. My sincere gratitude to Bjørn Tore Larsen
for his vision and to the entire management team for their outstanding work and dedication
throughout this journey. We are confident that JPMGTG is the right partner to steer the business
forward and wish it continued success”, says Jim Van Steenkiste, Managing Director and Co–Portfolio
Manager in the European Principal Group at Oaktree.

“We look forward to both partnering with and supporting the future growth and development of OSM
Thome as a leader in the global ship management industry. We are very excited to be teaming up
with an innovative and visionary team that brings a unique set of skills and insights that has made
OSM Thome what it is today,” says Andrian Dacy, Global Head of Transportation at J.P. Morgan Asset
Management.