Genco Shipping & Trading Limited Announces Leading Proxy Advisor ISS Joins Glass Lewis and Egan-Jones in Recommending Shareholders Vote “FOR” ALL of Genco’s Director Nominees in International Shipping News 09/06/2026 Genco Shipping & Trading Limited GNK (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that leading proxy advisory firm Institutional Shareholder Services (“ISS”) has recommended that Genco shareholders vote on the WHITE proxy card “FOR” ALL of Genco’s director nominees. ISS also recommended that Genco shareholders vote “WITHHOLD” on Diana Shipping Inc.’s (“Diana”) nominees and “AGAINST” Diana’s shareholder proposals. Genco issued the following statement in response: We are pleased that all three independent proxy advisory firms recommend that shareholders support all of Genco’s director nominees. ISS, Glass Lewis, and Egan-Jones recognize that Genco is on the right path in executing its Comprehensive Value Strategy, which is delivering superior shareholder returns and positioning the Company for continued value creation. ISS also highlighted the Board’s appropriate engagement with Diana and the inadequacy of Diana’s proposal, particularly in light of a strengthening drybulk market. We encourage all Genco shareholders to follow the recommendations of all three leading independent proxy advisory firms, ISS, Glass Lewis, and Egan-Jones, and vote “FOR” the election of each of Genco’s six director nominees, “WITHHOLD” on Diana’s handpicked nominees and “AGAINST” their shareholder proposals. ISS stated in its report sent to clients on June 5, 2026:1 “It appears that the board is responding appropriately. Most importantly, the board has established a clear path forward, in that it has outlined objective criteria necessary for an engagement, and the requirements do not appear unreasonable given the current market environment.” “On balance, the dissident’s mo