2020 Bulkers Ltd. (2020): Transfer of tax domicile from Bermuda to Norway

Oslo, Norway, August 10, 2022

2020 Bulkers Ltd. announces that the Board of Directors have approved the transfer of tax domicile from Bermuda to Norway effective August 9, 2022.

For further queries, please contact:

Magnus Halvorsen, Chairperson, 2020 Bulkers Ltd

Telephone +47 920 20 111

About 2020 Bulkers Ltd.:

2020 Bulkers has eight Newcastlemax dry bulk vessels in operation. All vessels are fitted with exhaust scrubber systems.