2020 Bulkers — Capital/Financing Update 2025

Jul 25, 2025

2020 Bulkers Ltd. (2020) Hedging transactions for two vessels from August 1 to December 31, 2025

2020 Bulkers Ltd. (2020) Hedging transactions for two vessels from August 1 to December 31, 2025

Oslo, Norway, July 25, 2025,

2020 Bulkers has entered into hedging transactions through forward freight

agreements (FFA) effectively securing an average fixed rate of approximately

US$33,700 per day, gross, for two vessels from August 1 to December 31, 2025.

In addition, the Company will continue to earn scrubber benefits during the

fixed rate periods.

For further queries, please contact:

Lars-Christian Svensen, Chief Executive Officer, 2020 Bulkers Management AS.

Telephone +47 476 38 756

About 2020 Bulkers Ltd.

2020 Bulkers has six Newcastlemax dry bulk vessels in operation. All vessels

are fitted with exhaust scrubber systems.