Global Ship Lease, Inc. (the “Company”), and Poseidon Containers Holdings LLC and K&T Marine LLC (together “Poseidon Containers”), had (i) closed the previously announced stock-for-stock merger between the Company and Poseidon Containers (the “Merger”). In connection with the Merger, effective as of the effective time of the Merger, all directors of the Company, other than Michael Gross, Philippe Lemonnier and Alain Wils tendered their letters of resignation from the board of directors of the Company (the “Board”) and the Board was expanded to eight directors. The following are the members of the Board effective as of the effective time of the Merger: Georgios Giouroukos, Michael Chalkias, Menno Van Lacum, Henry Mannix III and Alain Pitner Effective as of the effective time of the Merger, the executive officers of the Company were the following individuals: Georgios Giouroukos as Executive Chairman; Anastasios Psaropoulos Chief Financial Officer & Treasurer and Thomas Lister as Chief Commercial Officer.