EuroHoldings Ltd. Announces Charter Contract Extensions for Two of its Feeder Containerships, M/V Joanna and M/V Aegean Express

Maroussi, Athens, Greece - September 1, 2026

Euroholdings Ltd. (NASDAQ: EHLD, the "Company" or "Euroholdings"), an owner and operator of container carriers and tanker vessels and provider of container and tanker seaborne transportation services, announced today time charter contract extensions for its two container vessels:

• The 1,732 teu feeder containership, M/V Joanna, for a minimum of 30 months plus up to an additional 20 days at the option of the charterer, at a gross daily rate of $24,000. The new period will commence on December 2, 2026.

• The 1,439 teu feeder containership, M/V Aegean Express, for a minimum period of 24 to a maximum period of 26 months, at the option of the charterer, at a gross daily rate of $20,500. The new period will commence on January 1, 2027.

Aristides Pittas, Chairman and CEO of EuroHoldings, commented: "We are very pleased to announce the extension of the time charter contracts for our feeder containerships, M/V Joanna and M/V Aegean Express, in direct continuation of their current charters at significantly higher rates than their current contracts. These fixtures are a testament to the continued firmness of the containership charter market, even for vintage vessels, amid ongoing geopolitical disruptions and a complete shortage of prompt tonnage to meet operators' continued requirements. These fixtures will provide us with significant cash flows during their contracted period, building our liquidity, strengthening our balance sheet, and positioning us to better capitalize on opportunities to further grow our presence as a product tanker company, our stated growth strategy. The charters combined are expected to generate approximately $24 million of EBITDA over the minimum contracted period and increase our charter coverage for 2026, 2027, and 2028 to about 79, 48% and 47%, respectively."

Fleet Profile:

After the expected delivery of M/V Hellas Fighter, the Euroholdings Ltd. fleet profile will be as follows:



Note:
(*) TC denotes time charter. All dates listed are the earliest redelivery dates under each TC, unless the contract rate is lower than the current market rate in which cases the latest redelivery date is assumed; vessels with the latest redelivery date shown are marked by (+).
(**) The vessel is expected to be delivered to our fleet in September 2026.

About EuroHoldings Ltd
Euroholdings Ltd. was formed on March 20, 2024, under the laws of the Republic of the Marshall Islands. The Company was incorporated by Euroseas Ltd. (NASDAQ: ESEA, or "Euroseas") to serve as the holding company of three subsidiaries that were contributed by Euroseas effective January 1, 2025. On March 17, 2025, Euroseas distributed all the shares of Euroholdings to its shareholders thereby spinning off Euroholdings. Euroholdings began trading on NASDAQ Capital Market under the ticker EHLD on March 18, 2025.

Euroholdings operations and containership vessels are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management of the vessels. The Company's product tanker is managed by Latsco Marine Management Inc., an ISO 9001:2015, ISO 14001:2015, ISO 50001:2018, ISO/IEC 27001:2022 and ISO 45001:2018 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management of the tanker vessel.

The Company has a fleet of 2 Feeder container carriers with a total carrying capacity of 3,171 TEU and two medium range (MR) product tankers with capacity of 99,994 dwt on a fully delivered basis, following the delivery of M/T Hellas Fighter

EuroHoldings Ltd. press release