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2020 Bulkers

Capital/Financing Update Jul 25, 2025

9911_rns_2025-07-25_ae9493d7-5b52-4d78-af07-3e2dd3c894a0.html

Capital/Financing Update

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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.

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