On April 3, 2024, Genco Shipping & Trading Limited announced that it has filed its preliminary proxy materials with the Securities and Exchange Commission in connection with its upcoming annual meeting of shareholders. sIn its preliminary proxy statement, the Company Board of Directors recommends that shareholders vote for the re-election of the 7 nominees currently serving on the Board ? James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan, and John C. Wobensmith ?

at the 2024 annual meeting. The Company added that GK Investor, LLC has nominated 2 directors for election to the Board and also submitted a proposal to repeal certain provisions of, or amendments to, the Company?s By-Laws adopted after March 28, 2023. The Company stated that it has not adopted any By-Laws provisions or amendments after March 28, 2023, and currently has no intentions to do so.