Genco Shipping & Trading (GNK) Proxy filing summary

Executive summary

• Press release addresses and refutes assertions by Diana, characterizing them as unsubstantiated and misleading, and urges shareholders to support the current board at the 2026 Annual Meeting.

• Forward-looking statements highlight potential risks and uncertainties, including the outcome of any transaction proposals and the discretion of the board regarding dividends.

• Shareholders are encouraged to review all proxy materials and solicitation/recommendation statements for important information regarding voting and company governance.

Voting matters and shareholder proposals

• Shareholders are urged to vote “FOR” the current board of directors using the WHITE proxy card at the 2026 Annual Meeting.

• Definitive proxy materials and related documents have been filed and are available for review, with instructions for obtaining copies.

Board of directors and corporate governance

• The board is described as highly qualified and committed to high standards of corporate governance.

• Independent directors and executive officers are identified as participants in the proxy solicitation.

• Legal and financial advisors have been engaged to support the board during the proxy contest.