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(Date of Event Which Requires Filing of this Statement)


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SCHEDULE 13D/A 0000905148-18-000162 0001403525 XXXXXXXX LIVE 22 Class A common shares, par value $0.01 per share 03/04/2026 0001655891 G89479102 TORM plc 4th Floor, 120 Cannon Street London X0 EC4N 6AS Richard Ting (213) 830-6300 Oaktree Capital Management, L.P. 333 S. Grand Avenue, 28th Floor Los Angeles CA 90071 Y OCM NJORD HOLDINGS S.A R.L. WC N4 0 23839575 0 23839575 23839575 23.39 OO The percent of class is calculated based on 101,930,641 shares of Class A common shares, par value $0.01 per share (the "Class A Shares") outstanding as of March 6, 2026, as reported in Exhibit 99.1 to the Issuer's Form 6-K filed with the Securities and Exchange Commission on March 6, 2026 (the "Form 6-K"). Y OAKTREE CAPITAL MANAGEMENT GP, LLC AF DE 0 23839575 0 23839575 23839575 23.39 OO The percent of class is calculated based on 101,930,641 Class A Shares outstanding as of March 6, 2026, as reported in the Issuer's Form 6-K. Y OAKTREE CAPITAL HOLDINGS, LLC AF DE 0 23839575 0 23839575 23839575 23.39 OO The percent of class is calculated based on 101,930,641 Class A Shares outstanding as of March 6, 2026, as reported in the Issuer's Form 6-K. 0001403525 N OAKTREE CAPITAL GROUP HOLDINGS GP, LLC AF DE 0 23839575 0 23839575 23839575 23.39 OO The percent of class is calculated based on 101,930,641 Class A Shares outstanding as of March 6, 2026, as reported in the Issuer's Form 6-K. Class A common shares, par value $0.01 per share TORM plc 4th Floor, 120 Cannon Street London X0 EC4N 6AS This Amendment No. 22 ("Amendment No. 22") amends and supplements the statement on Schedule 13D filed by the Reporting Persons on February 5, 2018, as amended by Amendment No. 1 thereto filed March 27, 2020, Amendment No. 2 thereto filed May 19, 2020, Amendment No. 3 thereto filed June 5, 2020, Amendment No. 4 thereto filed June 17, 2020, Amendment No. 5 thereto filed September 14, 2020, Amendment No. 6 thereto filed April 26, 2023, Amendment No. 7 thereto filed June 12, 2023, Amendment No. 8 thereto filed December 4, 2023, Amendment No. 9 thereto filed January 9, 2024, Amendment No. 10 thereto filed January 18, 2024, Amendment No. 11 thereto filed March 14, 2024, Amendment No. 12 thereto filed April 8, 2024, Amendment No. 13 thereto filed June 3, 2024, Amendment No. 14 thereto filed October 3, 2024, Amendment No. 15 thereto filed March 18, 2025, Amendment No. 16 thereto filed September 5, 2025, Amendment No. 17 thereto filed September 15, 2025, Amendment No. 18 thereto filed September 29, 2025, Amendment No. 19 thereto filed November 17, 2025, Amendment No. 20 thereto filed December 23, 2025, and Amendment No. 21 thereto filed January 8, 2026 (the "Original 13D," and together with Amendment No. 22, the "Schedule 13D") with respect to the Class A Shares of the Issuer. Except as specifically provided herein, this Amendment No. 22 does not modify any of the information previously reported on the Schedule 13D. Capitalized terms not otherwise defined in this Amendment No. 22 shall have the same meanings ascribed thereto in the Schedule 13D. The Issuer is a foreign private issuer as defined in Rule 3b-4 of the Act and its principal executive offices are at 4th Floor, 120 Cannon Street, London, EC4N 6AS, United Kingdom. Item 5(a) of the Schedule 13D is hereby amended and restated as follows: The information set forth in rows (11) and (13) of the cover pages of this Schedule 13D is incorporated by reference into this Item 5. Ownership percentages set forth in this Schedule 13D assume 101,930,641 Class A Shares outstanding as of March 6, 2026, which is based on the Issuer's Form 6-K. As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 23,839,575 Class A Shares, which represents approximately 23.39% of the total outstanding Class A Shares. Neither the filing of this Statement nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that such person is the beneficial owner of any of the Class A Shares referred to herein for purposes of the Act, or for any other purpose. Item 5(b) of the Schedule 13D is hereby amended and restated as follows: The information set forth in rows (7) through (10) of the cover pages of this Schedule 13D is incorporated by reference into this Item 5. On March 4, 2026, the Reporting Persons sold 2,585,484 Class A Shares for $29.611 per share, in a block trade pursuant to Rule 144. Except for such transaction, the Reporting Persons have not effected any other transactions in the Class A Shares since the filing of Amendment No. 21. Not applicable. Not applicable. OCM NJORD HOLDINGS S.A R.L. /s/ Martin Eckel Martin Eckel / Manager 03/06/2026 OAKTREE CAPITAL MANAGEMENT GP, LLC /s/ Henry Orren Henry Orren / Senior Vice President 03/06/2026 OAKTREE CAPITAL HOLDINGS, LLC /s/ Henry Orren Henry Orren / Senior Vice President 03/06/2026 OAKTREE CAPITAL GROUP HOLDINGS GP, LLC /s/ Henry Orren Henry Orren/ Senior Vice President 03/06/2026