2020 Bulkers

2020 Bulkers Ltd. (the “Company”) advises that the 2025 Annual General Meeting of the Company was held on Tuesday, May 6th, 2025 at 4:00 p.m. at the Company’s offices at Tjuvholmen Allé 3, 0252 Oslo, Norway.  The audited consolidated financial statements for the Company for the year ended December 31, 2024 were presented to the Meeting.

The following resolutions were passed:

1.           To set the maximum number of Directors to be not more than five.
 
2.           To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorized to fill such vacancies as and when it deems fit.
 
3.           To re-elect Mr Magnus Halvorsen as a Director of the Company.
 
4.           To re-elect Mr Viggo Bang-Hansen as a Director of the Company.
 
5.           To re-elect Mrs Lori Wheeler Naess as a Director of the Company.
 
6.           To appoint Ernst & Young AS as auditors and to authorise the Directors to determine their remuneration.
 
7.           To approve remuneration of the Company’s Board of Directors (the “Board”) of a total amount of fees not to exceed US$250,000 for the year ending December 31, 2025.
 
Oslo, Norway
May 7, 2025