• Genco escalated a proxy fight with Diana Shipping ahead of its 2026 annual meeting, urging holders to back its board on the WHITE card.
• Shareholders were told to WITHHOLD votes from Diana’s nominees, vote AGAINST Diana’s shareholder proposals, reject Diana’s USD 23.5 tender offer.
• Genco argued the bid undervalues the company, calling it a discount to analyst NAV estimates despite Diana’s claims of a premium.
• The company cited USD 7.16 per share in dividends, 210% total shareholder return since April 19, 2021 under its value strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genco Shipping & Trading Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605261726PRIMZONEFULLFEED9726915) on May 26, 2026, and is solely responsible for the information contained therein.