Genco Shipping & Trading Limited Sends Letter to Shareholders Detailing Genco Board of Directors' Strong Position to Continue Generating Superior Value

Diana's Handpicked Nominees Pose Significant Risks for Genco Shareholders' Investment Genco Board Recommends Shareholders NOT Tender Their Shares In Diana's Offer Vote FOR Genco's Highly Qualified Nominees — Proven Stewards of Your Investment Additional Information Available at  www.GencoDrivesSuperiorReturns.com NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today sent a letter to Genco shareholders detailing why Genco's Board of Directors is best positioned to deliver superior returns and create shareholder value. Genco also issued the following statement: Genco's Board of Directors are the architects of the Company's Comprehensive Value Strategy, which has been delivering compelling and growing dividends and superior value to shareholders.