Toro Corp. Announces the Acquisitions and Deliveries of Two Tanker Vessels

Limassol, Cyprus, September 18, 2026

Toro Corp. (NASDAQ: TORO), ("Toro", or the "Company"), a global energy transportation services provider, announces that it has entered into agreements, through two separate wholly-owned subsidiaries, to acquire two MR tanker vessels (the "Vessels"), from unaffiliated third parties.

The Company acquired the M/T Wonder Alasia, a 2018 Japanese-built MR tanker vessel, for a purchase price of $45.9 million and took delivery of the vessel on September 17, 2026.

Furthermore, the Company acquired a 2014 Korean-built scrubber-fitted MR tanker vessel, for a purchase price of $37.5 million and took delivery of the vessel on September 18, 2026. The vessel is expected to be renamed M/T Wonder Atria.

The Vessels' acquisitions were funded with cash on hand.

About Toro Corp.
Toro Corp. is a global energy transportation services provider, operating a modern fleet of oceangoing vessels. The Company's fleet comprises four MR tanker vessels and two LPG carriers transporting refined petroleum products and petrochemical gases worldwide.

Toro is incorporated under the laws of the Republic of the Marshall Islands. The Company's common shares trade on the Nasdaq Capital Market under the symbol "TORO".

For more information, please visit the Company's website at www.torocorp.com. Information on our website does not constitute a part of this press release.

Toro Corp., press release