d'Amico International Shipping S.A.

Regulatory Filings • Jun 24, 2024

PRESS RELEASE

d'AMICO INTERNATIONAL SHIPPING S.A. ANNOUNCES THE CONCLUSION OF A NEW 3-YEAR TIME CHARTER CONTRACT AT A VERY PROFITABLE RATE FOR ONE OF ITS ECO MR2 VESSELS

Luxembourg – June 24th , 2024 – d'Amico International Shipping S.A. (Borsa Italiana: DIS) (the "Company"or "DIS"), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary, d'Amico Tankers D.A.C. (Ireland) ("d'Amico Tankers"), signed a new three-year time charter agreement for one of its MR2 Eco vessels, starting between the end of Q2 2024 and the beginning of Q3 2024, with a reputable counterparty at very profitable daily hire.

Following the conclusion of this time-charter agreements, DIS has the following estimated forward contract coverage:

• H2 2024: 36% of DIS' available vessel days fixed at a TCE rate of approximately US\$ 27,472/day
• FY 2025: 18% of DIS' available vessel days fixed at a TCE rate of approximately US\$ 24,658/day
• FY 2026: 12% of DIS' available vessel days fixed at a TCE rate of approximately US\$ 23,560/day

Carlos di Mottola, Chief Executive Officer of d'Amico International Shipping, stated: "I am glad to announce the conclusion of this additional three-year time-charter-out contract with a renowned and trustworthy counterparty. Thanks to the recent time-charter deals we announced, we have secured a significant percentage of our forward earnings at highly profitable levels. We firmly believe in the positive prospects of our industry, and the high rates we achieved on these recently signed long-term contracts are a clear indication of this strong market outlook."

From today this press release is available on the investor relations section of DIS' website, filed with the CSSF, disclosed through the e-market SDIR circuit and stored at Borsa Italiana S.p.A. through the emarketSTORAGE system and at Société de la Bourse de Luxembourg S.A. in its quality of OAM.

d'Amico International Shipping S.A. is a subsidiary of d'Amico Società di Navigazione S.p.A., one of the world's leading privately-o wn ed marine transportation companies, and operates in the product tankers sector, comprising vessels that typically carry refined petroleum products, chemical and vegetable oils. d'Amico International Shipping S.A. controls, through its fully-owned subsidiary, d'Amico Tankers D.A.C., Dublin, either through ownership or charter arrangements, a modern and double-hulled fleet, ranging from 35,000 to 75,000 deadweight tons. The Company has a long history of family enterprise and a worldwide presence with offices in key maritime centers (London, Dublin, Monaco, Stamford and Singapore). The Company's shares are listed on the Milan Stock Exchange under the ticker symbol "DIS.MI" and are traded also on the OTCQX Best Market in the US, under the ticker symbol "OTCQX: DMCOF".

Anna Franchin, Investor Relations Manager

Tel: +35 2 2626292901 Tel: +37 7 93105472 E-mail: ir@damicointernationalshipping.com

Capital Link

New York - Tel. +1 (212) 661-7566 London - Tel. +44 (0) 20 7614-2950 E-Mail: damicotankers@capitallink.com

Media Relations

Havas PR Milan Marco Fusco Tel.: +39 02 85457029 – Mob.: +39 345.6538145 E-Mail: marco.fusco@havaspr.com Antonio Buozzi

Tel.: +39 320.0624418 E-Mail: antonio.buozzi@havaspr.com