• Key details of the 11 additional newbuilds are as follows:

• o 4 Bulk Carriers newbuilds (of approximately 82,000 DWT each) with deliveries scheduled in 2029 and 2030, and options for 2 additional similar Bulk Carriers newbuilds.
• o 7 Long-Range 2 Tankers newbuilds (of approximately 114,000 DWT each) with deliveries scheduled in 2029 and 2030.

• Following this addition, the Group’s newbuilds portfolio will increase to a total of 111 vessels (including options), comprising:

• o 7 newbuilds that have been delivered (including one vessel delivered to its buyer under a vessel sale contract),
• o 86 firm newbuilds under construction (18 newbuilds were resold including one vessel delivered to its buyer under a vessel sale contract), and
• o 18 optional newbuilds, strategically expanding its fleet composition with an aim to improve earnings visibility and unlock future growth opportunities.

• These newbuilds will be funded through a combination of equity co-investment and debt financing.

• Aligned with its proactive monetisation strategy, the Group has signed sales contracts for a total of 18 newbuild vessels with an aggregate gross value of US$808 million over a 10-month period.

Executive Chairman and CEO of Yangzijiang Maritime, Mr. Ren Yuanlin said, “Our newbuild strategy is a key differentiator of Yangzijiang Maritime’s business model, enabling us to secure modern vessels at attractive prices and capture value through strategic asset ownership.

Closely integrated with our proactive asset monetisation strategy, this approach allows us to realise value through vessel sales and redeploy capital into newbuild orders, creating a repeatable cycle of investment and growth within the maritime industry.”

See link for full media release: https://links.sgx.com/1.0.0/corporate-announcements/W5YQAMX3PJCDFAQM/adcee1b248a6928c44a702cf4a42abb4e45c81eefa5d9d0c44225f79dc6acabd