Announcement of the exercise of its options on two MR2 newbuilding vessels

Luxembourg – March 11^th, 2026 – d’Amico International Shipping S.A. (Borsa Italiana: DIS.IM; OTCQX Best Market: DMCOF) (the “Company” or “DIS”), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) (“d’Amico Tankers”), pursuant to the shipbuilding contract signed in January 2026 with Jiangsu New Yangzi Shipbuilding Co., Ltd. (China) (”YZJ”), has exercised its options for the purchase of two (2) additional new Medium Range 2 (MR2 – 50,000 DWT) product tanker vessels at a contract price of US$ 45.4 million each. These vessels are expected to be delivered to d'Amico Tankers in August and October 2029, respectively. Through the early exercise of these options, d’Amico Tankers obtained from YZJ, options for two additional MR2s, with the same specification and at a slightly higher price, to be exercised at the latest by 31 March 2026 (...)

For further information, download the attached document.