Diana Shipping Inc. Sends Letter to Genco Shipping & Trading Shareholders Making the Case for Electing Six Independent Nominees With Proven Track Records of Creating Shareholder Value

Particulars Why the Entrenched Genco Board Ought to Not Be Trusted to Act in Shareholders’ Finest Pursuits

Contrasts Diana’s Six Completed, Independent Nominees In opposition to a Board That Has Spent Six Months and Over $13 Million Defending Itself and Administration

Releases Video Message to Genco Shareholders from CEO Semiramis Paliou Outlining the Compelling Value of Diana’s Supply and the Pressing Want for Board Change

Calls on Genco Shareholders to Elect a Board That Will Lastly Put Shareholders First by Voting the GOLD Common Proxy Card “FOR” Diana’s Six Independent Director Nominees

ATHENS, Greece, Could 31, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Firm”), a world transport firm specializing in the possession and bareboat charter-in of dry bulk vessels that’s the largest shareholder of Genco Shipping & Trading Restricted (NYSE: GNK) (“Genco”), as we speak despatched an open letter to Genco shareholders making the definitive case for electing Diana’s six impartial director nominees to the Genco Board of Administrators (the “Genco Board”) — Gustave Brun-Lie, Paul Cornell, Chao Sih Hing Francois, Jens Ismar, Viktoria Poziopoulou and Quentin Soanes — at Genco’s 2026 Annual Assembly of Shareholders to be held on June 18, 2026.

In as we speak’s letter, Diana attracts a pointy distinction between its six impartial nominees — completed transport, finance, M&A and authorized executives with confirmed monitor information of creating and maximizing shareholder worth — and the entrenched Genco Board, which has persistently prioritized administration’s compensation and management over the pursuits of the shareholders it’s supposed to signify.

Semiramis Paliou, Diana’s Chief Government Officer, commented:

“The Genco Board has spent greater than $13 million of shareholder cash making an attempt to persuade shareholders that the administrators at present governing Genco are accountable stewards. They aren’t. This can be a board led by a CEO/Chairman who mixed the roles to consolidate his energy and keep away from impartial oversight, the place the compensation committee chair has spent 20 years approving outsized pay packages for an govt with whom he has private and monetary ties, and the place three of six administrators personal zero shares. Now we have now elevated our supply to $24.80 per share — our third proposal — and nonetheless the Board has not engaged to date. Our six nominees are completely different in each respect that issues — they’re genuinely impartial, deeply skilled, and dedicated to one factor: lastly making certain this board acts in the pursuits of Genco’s actual house owners.”

In reference to as we speak’s letter, Diana additionally launched a video message from Chief Government Officer Semiramis Paliou during which she speaks instantly to Genco shareholders about the worth of Diana’s supply, the case for board change, and the significance of appearing instantly. The video is obtainable at www.CashforGenco.com and is embedded beneath.

Diana urges all Genco shareholders to vote the GOLD common proxy card “FOR” every of its six impartial nominees and WITHHOLD on Genco’s nominees. Diana additionally urges shareholders to tender their shares pursuant to Diana’s tender supply at $24.80 per share in money. The proxy vote and the tender supply are impartial of one another — shareholders can and will act on each alternatives.

Shareholders who’ve already voted the WHITE card can change their vote by signing, relationship and returning the enclosed GOLD common proxy card. Solely the latest-dated proxy will rely. Please act as quickly as attainable — the tender supply expires at 5:00 p.m., New York Metropolis time, on June 26, 2026, except additional prolonged, and the Annual Assembly is on June 18, 2026.

For extra details about Diana’s six impartial nominees, its case for change, and different supplies associated to its proxy marketing campaign, please go to www.CashforGenco.com.

For help voting or tendering shares, contact Diana’s proxy solicitor and data agent, Okapi Companions LLC, toll-free at (855) 305-0857 or by electronic mail at data@okapipartners.com.

The complete textual content of Diana’s letter to shareholders is beneath.

Could 31, 2026

Expensive Fellow Genco Shareholder:

Now we have written to you many instances about the compelling worth of our absolutely financed, all-cash supply, which had now been elevated to $24.80 per share, to purchase Genco Shipping & Trading Restricted (“Genco”), and the refusal to date of the Genco Board of Administrators (the “Genco Board”) led by Chairman and CEO John Wobensmith to interact with us. The Genco Board and administration group have as a substitute spent greater than $13 million of shareholder cash — and counting — by hiring at the very least seven advisors (together with two legislation corporations, two funding banks and two public relations corporations) to mislead you into believing that Genco’s present inventory worth displays their efficiency and counsel that our supply is inadequate, and to help their refusal to even interact with Diana because it pursues a value-enhancing transaction benefitting shareholders.

The info are as follows: (1) Diana’s purchases of Genco shares and all-cash supply have artificially inflated Genco’s share worth to a degree it couldn’t maintain by itself, (2) Diana’s all-cash supply of $24.80 per share represents premium worth in contrast to Genco’s undisturbed buying and selling worth previous our preliminary supply, and is priced at roughly 1.0x Genco’s internet asset worth (“NAV”) at cyclically excessive asset values, when comparable business buyouts commerce at a median of round 0.80x NAV. In the absence of our supply, the worth of your funding is in danger — the share worth might revert to the roughly 30% low cost to NAV at which Genco and business friends have traded since 2020. That may put the inventory worth in the space of $18.00 per share — a degree none of us need.

We imagine that solely significant board refreshment will guarantee Genco explores all alternatives to maximize worth in your behalf and have nominated six excellent enterprise leaders for election to the Genco Board at Genco’s Annual Assembly to be held on June 18. As this date approaches, we urge you to concentrate on the most basic query dealing with you as a shareholder: Who would you like to be accountable for the worth of your funding?

You’ll be able to elect Diana’s nominees — who’re impartial of Diana and dedicated to appearing in the finest pursuits of ALL Genco shareholders — or you may reelect Genco’s current administrators who’ve demonstrated a self-serving sample of entrenchment, favoring their and administration’s pursuits over worth creation for shareholders.

A Genco Board That Works for Administration — Not Shareholders

We imagine the time has come to change the Genco Board, which, as half of their misinformation marketing campaign to divert your consideration from our engaging supply, desperately desires you to imagine they’re a mannequin of good governance. Don’t be deceived. They aren’t what they declare to be. Think about the info:

• John Wobensmith at present serves as each Chairman and CEO of Genco, having served as the CEO of Genco since 2017 and as an govt officer of Genco since 2005. It’s extremely regarding that Wobensmith added the Chairman position in August 2025 – as Diana was in the course of of buying Genco shares – to consolidate his energy and additional entrench himself atop Genco. He has restricted impartial oversight and, subsequently, is in a position to run the Genco Board and Genco in a way that preserves his position as Genco’s sole chief and serves his personal monetary pursuits. The info bear this out. He has averaged $4.5 million yearly since changing into CEO – considerably above the business median at comparable corporations. A majority of his Genco inventory was pledged as collateral for private loans — a truth buried in a footnote in Genco’s proxy. Wobensmith has now supposedly repaid these loans, however solely after we highlighted the existence of these pledges for buyers. In his earlier position as Genco’s CFO, he obtained $17.5 million in compensation in 2014, the yr Genco filed for chapter. Notably, he’s a two-time chapter filer, as he was additionally a director of Ultrapetrol (Bahamas) when it filed in 2017.
• Kathleen Haines has been a Genco director since 2017. Haines was handpicked by Wobensmith to function “Lead Independent Director” however has neither the independence nor the management expertise to act as an efficient counterbalance to Wobensmith. Haines was launched to Genco by former Chairman James Dolphin, with whom she served on the OSG America board. In that position, they had been named co-defendants in three shareholder class motion lawsuits alleging they weren’t really impartial. Other than OSG America (an MLP) and Genco, Haines has not served on every other public firm boards – a curious lack of boardroom expertise for a lead impartial director. On her Genco biography, her employer is listed as Holbridge Capital Advisors, which has no company registration on file wherever in the United States. In accordance to Genco’s personal proxy assertion, Ms. Haines beneficially owns zero shares of Genco frequent inventory.
• Basil Mavroleon has served on the Genco Board since 2005 (with the exception of a one-year interval following Genco’s 2014 chapter overseen by Wobensmith and Mavroleon) and chairs the Compensation Committee as a supposedly “impartial director” — a characterization that can not be sustained upon any diploma of scrutiny. A shipbroker by commerce, Mavroleon has longstanding monetary and private ties to Wobensmith by means of AMA Capital Companions, the service provider financial institution the place Wobensmith labored earlier than becoming a member of Genco. Beneath Mavroleon’s management, the Compensation Committee has lavished extraordinary compensation on Wobensmith relationship again to Genco’s 2014 chapter and earlier than. The truth is, Wobensmith’s compensation elevated in 2025 despite the fact that Genco turned $76 million of 2024 internet earnings right into a internet loss of $4.4 million in 2025. When administration missed its personal efficiency targets, Mavroleon’s committee moved the goalposts nearer relatively than maintain Wobensmith and different executives accountable. Tellingly, after Diana introduced its money supply, Genco’s “impartial” compensation committee, led by Mavroleon, decided it was an applicable time to undertake a brand new enhanced severance plan masking Wobensmith, different members of Genco administration and unnamed further Genco workers that will lead to vital prices to the Firm (the full quantity of which Genco refuses to disclose). After greater than twenty years on the Genco Board, in accordance to Genco’s personal proxy assertion, Mavroleon beneficially owns simply 739 shares of Genco inventory.
• Arthur Regan joined the Genco Board in 2016 at Apollo International’s specific request. Genco itself acknowledged at the time — in its personal proxy supplies — that his appointment would give Apollo International “the perspective of a major stockholder,” that means he was appointed not as an impartial director however as a stakeholder consultant. When Apollo International offered its total stake, Regan remained on the board with none public reassessment of his independence. The truth is, Regan served as a Genco govt (Government Chairman) from November 2016 till Could 2021, a four-and-a-half-year interval throughout which Wobensmith served beneath him as an govt officer. Regan now chairs the Nominating and Company Governance Committee, the physique accountable for evaluating the independence of others.
• Karin Orsel and Paramita Das spherical out a Genco Board that has collectively failed to present significant impartial oversight. Ms. Orsel has served on the Genco Board since 2021, a interval throughout which the Genco Board lumped extreme compensation on Wobensmith and others whereas efficiency declined — and she or he has an obligation to shareholders that she has not fulfilled. Ms. Das, the solely new director in the final 5 years, brings no transport business working expertise to an organization whose future is dependent upon precisely that. Neither has taken any seen motion to maintain administration accountable or advocate for the pursuits of the shareholders they’ve an obligation to signify. Furthermore, in accordance to Genco’s personal proxy assertion, neither beneficially personal any Genco shares.

On Could 27, 2026, Diana elevated its all-cash supply to $24.80 per share — a 39% premium to Genco’s undisturbed share worth — our newest try to enter into good religion negotiations with Genco concerning a transaction. This supply worth is supported by Diana’s all-cash tender supply, which we now have prolonged to June 26, 2026.

Thus far, this Genco Board has rejected our all-cash, absolutely financed premium presents with out a single assembly, telephone name, or request for clarification. Not as soon as in six months has Genco provided to make diligence supplies confidentially obtainable to Diana so as to show the worth that Genco claims to exist above our supply worth. Why would you need administrators who’re so determined to retain management and shield the administration group that they won’t even discover what Genco may have the option to get in religion negotiation with a motivated purchaser?

Diana’s Nominees: Six Independent Administrators with Proven Track Records of Creating Value

As Genco’s largest shareholder, our pursuits are aligned with yours and we now have delivered the uncommon alternative to change the recalcitrant Genco Board. Our six nominees are completed, absolutely impartial transport and finance executives with no ties to Diana and no agenda aside from making certain the Genco Board lastly acts in your pursuits. Their information converse for themselves:

• Jens Ismar served as CEO of Western Bulk for 11 years, rising the operated fleet from 60 to 150 vessels and main the firm’s itemizing on the Oslo Inventory Trade. At Bergesen, he organized the VLGC and fuel markets into swimming pools, enhancing revenues and repair ranges whereas overseeing fleet renewal. He has served on the boards of a number of public corporations and has been instantly concerned in driving shareholder worth by means of energetic board engagement, together with the sale of Ocean Yield at a 26% premium.
• Paul Cornell co-founded Quintana Maritime in 2005, grew it into one of the world’s largest drybulk carriers, and offered it in 2008 for a major return to buyers. He subsequently co-founded a second Quintana entity, grew it to roughly 14 drybulk carriers and offered it for a pretty return to Golden Ocean. He has managed over the course of his profession the profitable negotiation and exit of roughly $1.2 billion in portfolio firm investments by means of Quintana Capital.
• Chao Sih Hing Francois remodeled Wah Kwong Marine Transport from a standard shipowner right into a diversified maritime companies group over seven years, rising its ship administration enterprise from 30 to roughly 100 vessels beneath technical administration and finishing 80 newbuilding supervision tasks. He’s Co-founder and Chairman of the Hong Kong Chamber of Shipping and Chairman of the Bureau Veritas International Marine and Offshore Advisory Council.
• Gustave Brun-Lie has almost 40 years of transport expertise and helped construct RS Platou into one of Norway’s main shipbroking homes, growing its newbuilding desk right into a top-tier dealer throughout vessel sorts and increasing into LNG carriers and cruise vessels. He has additionally served in board roles at a quantity of main transport business corporations together with Wilhelmsen Ship Administration and Torvik’s Rederi.
• Viktoria Poziopoulou has roughly 35 years of transport authorized expertise, together with advising on the sale of a whole privately held drybulk fleet to a public firm. She has been concerned in structuring financings, refinancings and restructurings with cumulative worth exceeding $2 billion, and overseeing sale, buy and newbuilding contracts for greater than 200 vessels. She served as Normal Counsel of Pavimar S.A., Quintana Shipping Ltd. and NYSE-listed Excel Maritime Carriers.
• Quentin Soanes took Braemar from a privately held agency to a publicly listed firm on the London Inventory Trade, led an acquisition technique that delivered double and triple-digit IRRs, and served as Chairman of the Baltic Trade from 2012 to 2014. He has served as Government Chairman of Sterling Shipping Providers Ltd.

The Distinction Might Not Be Clearer — Think about It Fastidiously Earlier than You Vote

Every of Diana’s nominees brings one thing the Genco Board can’t supply shareholders: real independence, a confirmed file of worth creation, and a dedication to exploring all alternatives to maximize worth for all shareholders. The Genco Board has had a golden alternative to do precisely that — and for six months it has refused.

Do Not Wait Till June 18 to Make Your Voice Heard — Vote the GOLD Card At present

We urge you to vote the GOLD common proxy card “FOR” every of our six impartial nominees and WITHHOLD on Genco’s nominees. We additionally urge you to tender your shares pursuant to Diana’s tender supply at $24.80 per share in money. The proxy vote and the tender supply are impartial of one another — you may and will do each.

In case you have already voted the WHITE card, you may change your vote by signing, relationship and returning the enclosed GOLD common proxy card. Solely your latest-dated proxy will rely. Please act as quickly as attainable — the tender supply expires at 5:00 p.m., New York Metropolis time, on June 26, 2026, except additional prolonged, and the Annual Assembly is on June 18, 2026.

For help voting or tendering your shares, contact our proxy solicitor and data agent, Okapi Companions LLC, toll-free at (855) 305-0857 or by electronic mail at data@okapipartners.com.

Sincerely,

Semiramis Paliou
Chief Government Officer and Director
Diana Shipping Inc. (NYSE: DSX)

About Diana Shipping Inc.

Diana Shipping Inc. (“Diana”) (NYSE: DSX) is a world supplier of transport transportation companies by means of its possession and bareboat charter-in of dry bulk vessels. Diana’s vessels are employed totally on quick to medium-term time charters and transport a spread of dry bulk cargoes, together with such commodities as iron ore, coal, grain and different supplies alongside worldwide transport routes.

About Star Bulk Carriers Corp.

Star Bulk Carriers Corp. (“Star Bulk”) is a world transport firm offering worldwide seaborne transportation options in the dry bulk sector. Star Bulk’s vessels transport main bulks, which embody iron ore, minerals and grain, and minor bulks, which embody bauxite, fertilizers and metal merchandise. Star Bulk was included in the Marshall Islands on December 13, 2006 and maintains govt places of work in Athens, New York, Stamford and Singapore.

Cautionary Assertion Relating to Ahead-Trying Statements

Issues mentioned on this communication and different statements made by Diana or Star Bulk, as relevant, could represent forward-looking statements. The Personal Securities Litigation Reform Act of 1995 gives protected harbor protections for forward-looking statements so as to encourage corporations to present potential details about their enterprise. Ahead-looking statements embody, however will not be restricted to, statements concerning the intent, beliefs, expectations, targets, objectives, future occasions, efficiency or methods and different statements of Diana, Star Bulk or their respective administration groups, that are aside from statements of historic info.

Diana and Star Bulk want to take benefit of the protected harbor provisions of the Personal Securities Litigation Reform Act of 1995 and is together with this cautionary assertion in reference to this protected harbor laws. These forward-looking statements relate to, amongst different issues, Diana’s proposal to purchase Genco and the anticipated advantages of such a transaction, and Diana’s skill to finance such transaction. Ahead wanting statements will be recognized by phrases similar to “imagine,” “will,” “anticipate,” “intend,” “estimate,” “forecast,” “undertaking,” “plan,” “potential,” “could,” “ought to,” “anticipate,” “pending” and comparable expressions establish forward-looking statements.

The forward-looking statements on this press launch and in different statements made by Diana or Star Bulk, as relevant, are based mostly upon numerous assumptions, many of that are based mostly, in flip, upon additional assumptions, together with with out limitation, administration’s examination of historic working developments, knowledge contained in Diana’s or Star Bulk’s information, Genco’s public filings and disclosures and knowledge obtainable from third events. Though Diana or Star Bulk, as relevant, believes that these assumptions had been cheap when made, as a result of these assumptions are inherently topic to vital uncertainties and contingencies which might be troublesome or unattainable to predict and are past their management, Diana or Star Bulk, as relevant, can’t guarantee you that it’s going to obtain or accomplish these expectations, beliefs or projections.

The forward-looking statements on this communication are based mostly on present expectations, assumptions, and estimates, and are topic to quite a few dangers and uncertainties. These embody, with out limitation, dangers relating to: (i) the risk that the proposed transaction could not proceed; (ii) the skill to acquire regulatory or shareholder approvals, if required; (iii) the danger that Genco’s Board of Administrators or administration could proceed to oppose the proposal or not reply to additional tried engagement by Diana; (iv) failure to notice anticipated advantages of the transaction; (v) modifications in the monetary or working efficiency of Diana, Star Bulk or Genco; (vi) the risk that shareholders of Genco won’t elect to tender their shares of frequent inventory of Genco in reference to the Supply (as outlined beneath) or that the situations to consummation of the Supply will not be happy; and (vii) common financial, market, and business situations. These and different dangers are described in paperwork filed by Diana with, or furnished by Diana to, the U.S. Securities and Trade Fee (“SEC”), together with its Annual Report on Type 20-F for the fiscal yr ended December 31, 2025, and its different subsequent paperwork filed with, or furnished to, the SEC, and are described in paperwork filed by Star Bulk with, or furnished by Star Bulk to, the SEC, together with its Annual Report on Type 20-F for the fiscal yr ended December 31, 2025, and its different subsequent paperwork filed with, or furnished to, the SEC. Neither Diana nor Star Bulk undertake any obligation to revise or replace any forward-looking assertion, or to make every other forward-looking statements, whether or not because of this of new data, future occasions or in any other case, besides to the extent required by legislation.

Necessary Extra Info and The place to Discover It

Diana and sure different Members (as outlined beneath) have filed a definitive proxy assertion and accompanying GOLD common proxy card with the SEC to be used to solicit proxies for, amongst different issues, the election of Diana’s director nominees to the board of administrators of Genco at Genco’s 2026 Annual Assembly, the passage of Diana’s proposal to repeal, at Genco’s 2026 Annual Assembly, by-laws of Genco not publicly disclosed by Genco on or prior to August 28, 2025 and a proposal that the board of administrators of Genco conduct a course of to discover strategic options (such definitive proxy assertion and the accompanying common GOLD proxy card can be found right here).

Shareholders of Genco are strongly suggested to learn the Members’ proxy assertion and different proxy supplies, together with the accompanying GOLD proxy card, as they grow to be obtainable as a result of they’ll include necessary data. The Members’ definitive proxy assertion, and different proxy supplies when filed, can be found at no cost on the SEC’s web site at www.sec.gov.

The definitive proxy assertion and different related paperwork filed by Genco with the SEC are additionally obtainable, with out cost, by directing a request to Diana’s proxy solicitor, Okapi Companions LLC, at its toll-free quantity (855) 305-0857 or by way of electronic mail at data@okapipartners.com.

Sure Info Relating to Members in the Solicitation

The members in the proxy solicitation (the “Members”) are Diana; Semiramis Paliou, Director and Chief Government Officer of Diana; Simeon Palios, Director and Chairman of Diana; Ioannis G. Zafirakis, Director and President of Diana; Maria Dede, co-Chief Monetary Officer and Treasurer of Diana; Margarita Veniou, Chief Company Growth, Governance & Communications Officer and Secretary of Diana; Evangelos Sfakiotakis, Chief Technical Funding Officer of Diana; Maria-Christina Tsemani, Chief Folks and Tradition Officer of Diana; Anastasios Margaronis, Director of Diana; Kyriacos Riris, Director of Diana; Apostolos Kontoyannis, Director of Diana; Eleftherios Papatrifon, Director of Diana; Simon Frank Peter Morecroft, Director of Diana; and Jane Sih Ho Chao, Director of Diana; Diana’s nominees, Jens Ismar, Gustave Brun-Lie, Quentin Soanes, Paul Cornell, Chao Sih Hing Francois, and Vicky Poziopoulou; Star Bulk Carriers Corp. (“Star Bulk”); Petros Pappas, Director and Chief Government Officer of Star Bulk; and Hamish Norton, President of Star Bulk.

As of the date hereof, Diana is the useful proprietor of 6,264,548 shares of Genco frequent inventory, representing roughly 14.4% of the excellent shares of frequent inventory of Genco. As of the date hereof, none of Semiramis Paliou, Simeon Palios, Ioannis G. Zafirakis, Maria Dede, Margarita Veniou, Evangelos Sfakiotakis, Maria-Christina Tsemani, Anastasios Margaronis, Kyriacos Riris, Apostolos Kontoyannis, Eleftherios Papatrifon, Simon Frank Peter Morecroft, Jane Sih Ho Chao, Jens Ismar, Gustave Brun-Lie, Quentin Soanes, Paul Cornell, Chao Sih Hing Francois, Vicky Poziopoulou, Star Bulk, Petros Pappas, or Hamish Norton beneficially owns any Genco frequent inventory.

Info Relating to the Supply

On Could 4, 2026, Diana commenced a young supply (the “Supply”), by means of its wholly owned subsidiary 4 Dragon Merger Sub Inc., to buy all excellent shares of Genco frequent inventory at $23.50 per share in money. On Could 27, 2026, Diana (i) elevated the supply worth from $23.50 per share in money to $24.80 per share in money, and (ii) prolonged the expiration of the Supply to 5:00 p.m., New York Metropolis time, on June 26, 2026, except additional prolonged. To the extent that Genco declares a money dividend or different distribution on the Genco shares, the supply worth will probably be diminished by the quantity payable per share.

The Supply is conditioned upon, amongst different issues: (i) Genco getting into right into a definitive merger settlement with Diana considerably in the kind of the merger settlement included with the Supply paperwork; (ii) Genco shareholders validly tendering a majority of Genco’s excellent shares on a completely diluted foundation; (iii) the termination or inapplicability of Genco’s shareholder rights plan; (iv) the Genco Board’s approval of the transaction beneath sure affiliate transaction provisions in Genco’s constitution and (v) different customary situations. Satisfaction of the merger settlement situation, the shareholder rights plan situation and the affiliate transaction situation is solely inside the management of Genco and the members of the Genco Board.

If the Supply is efficiently accomplished, Diana intends to consummate a second-step merger as promptly as practicable, during which any remaining Genco shareholders who didn’t tender their shares in the Supply would obtain the similar $24.80 per share in money that was paid in the Supply. Consequently, if the Supply is accomplished and the second-step merger is consummated, all Genco shareholders — whether or not or not they tender their shares — would obtain $24.80 per share in money. Importantly, shareholders who tender in the Supply could obtain their money ahead of these whose shares are acquired in the second-step merger.

The Supply to Buy and associated Letter of Transmittal are being mailed to Genco shareholders and will probably be filed with the U.S. Securities and Trade Fee. Copies of these supplies will probably be obtainable at no cost on the SEC’s web site at www.sec.gov.

Questions and requests for help concerning the Supply could also be directed to Okapi Companions LLC, the data agent for the Supply, toll-free at (855) 305-0857 or by electronic mail at data@okapipartners.com.

Company Contact:
Margarita Veniou
Chief Company Growth, Governance &
Communications Officer and Board Secretary
Phone: + 30-210-9470-100
E mail: mveniou@dianashippinginc.com
Web site: www.dianashippinginc.com
X: @Dianaship

Investor Relations Contact:
Nicolas Bornozis / Daniela Guerrero
Capital Hyperlink, Inc.
230 Park Avenue, Suite 1540
New York, N.Y. 10169
Tel.: (212) 661-7566
E mail: diana@capitallink.com

Bruce Goldfarb / Chuck Garske / Lisa Patel
Okapi Companions
(212) 297-0720
data@okapipartners.com

Media Contact:
Mark Semer / Grace Cartwright
Gasthalter & Co.
Tel: (212) 257-4170
DianaShipping@gasthalter.com