On April 3, 2024, Genco Shipping & Trading Limited filed a preliminary proxy statement soliciting proxies and urged the shareholders to vote for the election of its 7 nominees, James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan, and John C. Wobensmith, as directors of the Company and to withhold for GK Investor LLC?s 2 nominees, Randee Day and Robert M. Pons, as directors of the Company. The Company also urged the shareholders to vote against a shareholder proposal, that each provision of, and each other amendment to, the By-Laws adopted by the Board without the approval of the shareholders of the Corporation after March 28, 2023, and up to and including the date of this meeting of shareholders at which this resolution is being proposed, be, and hereby is, repealed, effective as of the time this resolution is approved by the Corporation?s shareholders, submitted by GK Investor at the Company?s annual shareholders meeting.