Performance Shipping Inc. announced that the Company's Annual General Meeting of Shareholders was duly held on February 28, 2022, approved the election of Alex Papageorgiou and Mihalis Boutaris, each as a Class III director, whose term will expire at the Company's 2025 annual meeting of shareholders, and the election of Loïsa Ranunkel, as a Class I director, whose term will expire at the Company's 2023 annual meeting of shareholders.