Scorpio Tankers Inc. Announces Repayment of Convertible Notes Due May 2022

Monaco - May 16, 2022

Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that today, the Company has repaid the aggregate outstanding principal balance of $69.7 million on its Convertible Notes due May 16, 2022 upon their maturity.

About Scorpio Tankers Inc.
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, finance leases or bareboat charters-in 119 product tankers (42 LR2 tankers, two LR1 tankers, 61 MR tankers and 14 Handymax tankers) with an average age of 6.3 years.

The Company has recently agreed to sell two LR1 tankers, three LR2 tankers, and one MR tanker.

Additional information about the Company is available at the Company's website, which is not a part of this press release.

Scorpio Tankers Inc. press release