OceanPal Inc. announced that it has appointed Vasiliki Plousaki as the Company's new Chief Financial Officer, effective as of April 25, 2023. In her new roles, and Ms. Veniou succeed Ioannis Zafirakis, who is resigning from his positions as the Company's Interim Chief Financial Officer he has held since November 2021. Mr. Zafirakis will continue to serve as a Class III director of the Company.

Ms. Plousaki has served as the Chief Accounting Officer of the Company since June 2021, during which time she has been responsible for all financial reporting requirements. Ms. Veniou has served as Chief Corporate Development and Governance Officer of the Company since November 2021 and has been responsible for the implementation and supervision of general corporate matters, including the development of the Company's strategic plans.