Stainless Tankers – Minutes of annual general meeting

Reference is made to the stock exchange announcement published by Stainless Tankers ASA (the “Company”) on 8 May 2024 regarding the financial results for the three months ended 31 March 2024, including information about the board of directors’ intention to resolve a distribution of dividends in the total amount of USD 3.38 million, or USD 0.25 per share (approx. NOK 2.7 per share), and (ii) the notice to the Company’s annual general meeting to be held on 22 May 2024.

The Company’s annual general meeting was held today, on 22 May 2024. All resolutions were adopted in accordance with the board of directors’ proposals, including the authorisation to the board of directors for the distribution of dividends. The board of directors intends to use the authorisation to distribute the dividend as stated in the announcement on 8 May 2024 immediately upon registration of the authorisation with the Norwegian Register of Business Enterprises. The Company will publish a separate announcement containing key information relating to the cash dividend immediately following the board’s resolution.

The minutes from the general meeting are attached hereto.

For more information, please contact:

Alex Karakassis, CEO
E-mail: [email protected]

Irene Michael, CFO
E-mail: [email protected]

About Stainless Tankers ASA | www.stainlesstankers.com
Stainless Tankers ASA (ticker code “STST”) is a shipping company specialized in providing seaborne transportation of chemical cargoes worldwide. The Company provides investors with pure-play stainless steel chemical tanker exposure in an investor friendly structure through its fleet of nine stainless steel vessels, each with an approximate total carrying capacity of 20,000dwt. The fleet is managed by Tufton, with a primary focus on maximizing earnings and distributing excess operating cashflows to shareholders. For more information, please visit www.stainlesstankers.com.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.