2020 Bulkers Ltd. (2020) - Share repurchases concluded

Oslo, Norway, April 22, 2026

Reference is made to the announcements by 2020 Bulkers Ltd (the "Company") on 16 April 2026, whereby the Company announced a capital return to shareholders following completion of its vessel sales by way of a special dividend of NOK 129.50 (US$13.8) per share and initiation of share repurchases.

The Company has during the period from April 17 through April 22, 2026, repurchased a total of 2,791,163 own shares. All shares have been repurchased at a price of NOK 129.50 per share.

For further details on the special dividend, including record and payment date, see announcements of April 16, 2026, available on www.newsweb.no and the Company's web site.

About 2020 Bulkers Ltd.
2020 Bulkers has five Newcastlemax dry bulk vessels in operation. All vessels are fitted with exhaust scrubber systems.

2020 Bulkers Limited press release