The Board of 2020 Bulkers Ltd. has approved a cash distribution of USD 0.18 per share for November 2023. The distribution will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Ex-date: December 21, 2023.

Record date: December 22, 2023. Payment date: On or about January 4, 2024.