d'Amico International Shipping S.A.

Share Issue/Capital Change • Jun 19, 2023

PRESS RELEASE

Announcement of changes in the share capital

Luxembourg, 19th June 2023 - d'Amico International Shipping S.A. ("DIS" or the "Company") announces the new share composition of the share capital (fully subscribed and paid up) following the reverse stock split operation of all the Company's shares in the ratio of no. 1 (one) every n. 10 (ten) as approved by the extraordinary general meeting of shareholders held in notarial form on 13 June 2023 and resolved by the Board of Directors of the Company in accordance with the relevant authorization conferred by the aforementioned extraordinary meeting which established its effectiveness on 19 June 2023 date on which the notarial deed acknowledging the effectiveness of the Company's Articles of Association, as amended on 13 June 2023, was signed.

TABLE 1

	Current share capital			Previous share capital
	USD	No. of shares	Unit Value	USD	No. of shares	Unit value
Total of which:	62,053,278.45	124,106,556	Without par value	62,053,278.45	1,241,055,569	Without par value
Ordinary shares (regular entitlement: 01.01.2023) current coupon number: N.A.	62,053,278.45	124,106,556	Without par value	62,053,278.45	1,241,055,569	Without par value

From today this press release is available on the Investor Relations section of the Company's website, disclosed through the e-market SDIR circuit, filed with Commission de Surveillance du Secteur Financier (CSSF) and stored at Borsa Italiana S.p.A. through the e-market STORAGE system and at Société de la Bourse de Luxembourg S.A. in its quality of OAM.