Star Bulk Carriers Corp. announces its 2021 environmental, social and governance (ESG) report

Athens, Greece - November 7, 2022

Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced the publication of its 2021 Environmental, Social and Governance (ESG) Report ("Report"), developed in accordance with the Global Reporting Initiative Standards (Core Option) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation. Specific GRI disclosures and SASB indicators, have received also limited level of assurance from Ernst & Young (Hellas) Certified Auditors Accountants S.A. The Report has been published on the Company's website (www.starbulk.com).

In formulating the Company's ESG strategy and measuring its performance, Star Bulk draws inspiration and guidance from the United Nations' Sustainable Development Goals (SDGs). The Report presents Star Bulk's ESG priorities and goals, reports on a wide range of sustainability-related Key Performance Indicators, and provides extensive information about the ways in which the Company manages its impact on the environment, its people and society. Highlighting the Company's material issues as identified by its constituents, Star Bulk continues to engage the Company's stakeholders in setting its ESG objectives.

Commenting on the publication of the Report, Mr. Petros Pappas, Star Bulk CEO, emphasized: "Our 4th annual ESG report demonstrates our commitment to transparency and accountability, the protection of our planet and our people's wellbeing. Notwithstanding the challenges and uncertainties of today's world, we remain true to our values and work hard towards our vision to lead in sustainable dry bulk shipping."

About Star Bulk
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Oslo, New York, Limassol and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK". Star Bulk operates a fleet of 128 vessels, with an aggregate capacity of 14.1 million dwt, consisting of 17 Newcastlemax, 22 Capesize, 2 Mini Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax and 17 Supramax vessels with carrying capacities between 52,425 dwt and 209,537 dwt.

Star Bulk Carriers Corp. press release