Genco Shipping & Trading (GNK) Proxy filing summary

Executive summary

• Diana Shipping Inc. withdrew four of its six director nominees for the 2026 Annual Meeting, leaving only two nominees for election.

• The withdrawal was not due to any concessions or negotiations with the company.

• All other agenda items for the Annual Meeting remain unchanged.

Voting matters and shareholder proposals

• Only two of Diana's nominees, Paul Cornell and Jens Ismar, remain for election; four others have been withdrawn.

• Six board-nominated directors continue to stand for election or re-election.

• Votes cast for the withdrawn nominees will be disregarded and not counted.

• Shareholders are urged to vote for the board's six nominees and withhold on Diana's two nominees.

• Previously submitted proxy cards remain valid unless revoked or changed.

Board of directors and corporate governance

• The board's slate consists of John C. Wobensmith, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, and Arthur L. Regan.

• Diana's remaining nominees are Paul Cornell and Jens Ismar.