Genco chairman urges shareholders to reject Diana tender offer

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Genco Shipping & Trading Limited Sends Letter to Shareholders from Chairman and CEO John Wobensmith

May 18, 2026 6:45 AM EDT

Expresses Confidence in Strength of Business, Momentum Underway and Ability to Continue Generating Superior Returns and Shareholder Value

Urges Shareholders to Vote FOR the Reelection of Gencos Six Directors on the WHITE Proxy Card

Recommends Shareholders Do NOT Tender Their Shares into Dianas Inadequate and Highly Conditional Offer

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