On January 9, 2024, GK Investor LLC submitted to Genco Shipping & Trading Limited formal notice of its decision to propose the nominations of, and to nominate, Randee Day and Robert M. Pons for election to the board of directors of the Company at the Company?s first annual meeting of shareholders of the Company to occur after January 9, 2024. GK Investor also notified the Company of its decision to propose and to bring before the meeting the following additional shareholder proposal at the 2024 annual meeting: a proposal to repeal each provision of, and each amendment to, the By-Laws that the Board adopted or adopts without the approval of the shareholders of the Company after March 28, 2023, which is the date of the most recent publicly available amendment to the By-Laws, and up to and including the date of the 2024 annual meeting. GK Investor added that it intends to solicit proxies in favor of the election of the nominees and the other proposals.