Update - Offer to acquire own shares

Reference is made to the Company’s announcement on 20 May 2026 regarding the offer to acquire own shares at a fixed price of NOK 20 per share in connection with the Company’s employee share scheme.

At the expiry of the offer period on 22 May 2026, Western Bulk Chartering AS had received indications of interest to sell a total of 893,611 shares at the offered price.

For further information, please contact: 

Kenneth Thu, Chief Financial Officer 
Tel: +47 988 74302 
E-mail: kenneth.thu@westernbulk.com 

DISCLAIMERS

This press release contains forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe,” “expect,” “anticipate,” “intends,” “estimate,” “will,” “may,” "continue," “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although Western Bulk Chartering believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements.

The information, opinions and forward-looking statements contained in this release speak only as at its date and are subject to change without notice Western Bulk Chartering disclaims any obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.