Great Eastern Shipping Co. Ltd. — Capital/Financing Update 2023

Sep 27, 2023

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Our Ref.: S/2023/JMT

September 27, 2023

BSE Limited National Stock Exchange of India Limited 1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051

BSE Scrip code: 500620 Trading Symbol - GESHIP

Dear Sir,

We wish to inform you that the Company has contracted to sell its 2006 built Supramax Dry Bulk Carrier, Jag Rohan of about 52,450 dwt on September 27, 2023 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY24.

A Press Release to be issued in this connection is enclosed.

You are requested to take note of the above.

Thanking You,

Yours faithfully,

For The Great Eastern Shipping Company Limited

Anand Digitally signed by: Anand Prabhakar Punde Prabhak DN: CN = Anand Prabhakar Punde C ar Punde= IN O = PersonalDate: 2023.09.27 14: 30:41 +05'30'

Anand Punde

Company Secretary

Email ID: anand_punde@greatship.com

www.greatship.com

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PRESS RELEASE

G E Shipping contracts to sell its 2006 built Supramax Dry Bulk Carrier

“Jag Rohan”

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2006 built Supramax Dry Bulk Carrier, Jag Rohan of about 52,450 dwt on September 27, 2023 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY24.

Including Jag Rohan, company’s current fleet stands at 42 vessels, comprising 28 tankers (6 crude carriers, 18 product tankers, 4 LPG carrier) and 14 dry bulk carriers (2 Capesize, 7 Kamsarmax, 5 Supramax) aggregating 3.38 mn dwt.

Place: MUMBAI

Date: September 27, 2023

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For further details, please email us at: corp_comm@greatship.com

www.greatship.com