BANL News & Events

CBL International is issuing this announcement in response to recent fluctuations in the Company's share price and trading volume. "The Company is not aware of any material, undisclosed information that would account for this market activity. All operations of the Company are running as usual. CBL reaffirms its commitment to transparency and timely disclosure in compliance with all applicable rules and regulations of the U.S. Securities and Exchange Commission and the Nasdaq Stock Market. The Company will announce any material news through its official channels when and as required. Shareholders are advised to rely solely on these official communications."

CBL International announced that its board of directors has authorized a share repurchase program of up to the lesser of $5M of the company's ordinary shares or 5M ordinary shares.

CBL International announced the official renaming of its Singapore-based wholly owned subsidiary, Majestic Energy, to support its regional growth strategy. Effective immediately, Majestic Energy Pte has been officially renamed to Banle International Pte, reflecting the Group's deepening commitment to the Singapore market and its strategic expansion into sustainable fuels.

The company will not receive any proceeds from the sale of ordinary shares by the selling securityholders.