The Board of Directors of Samudera Shipping Line Ltd. announced that the Company has incorporated one wholly-owned subsidiary in Australia. Name of Subsidiary: (i) Samudera Australia Pty Ltd; Principal Activity: Investment company operation. Issued and Paid-up Share Capital: AUD 10,000, comprising 100 Ordinary Shares issued at AUD 100.00 each.

% held by the Company: 100% held. Date of Incorporation: 15 January 2024. The incorporation of the above-mentioned subsidiary was funded through internal resources and is not expected to have any material impact on the earnings per share and net tangible assets per share of the Company for the financial year ending 31 December 2024.

None of the Directors, substantial shareholders or controlling shareholders of the Company has any interest, directly or indirectly in the aforesaid incorporation, other than through their respective interests (if any) in the Company.