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Okeanis Eco Tankers Corp. – 2025 Annual Meeting of Shareholders held

1. ECO's 2025 Annual Meeting approved all agenda proposals. 2. Eight new directors were elected for governance. 3. Deloitte appointed as auditors for 2025 fiscal year. 4. Board committees expanded and restructured post-meeting. 5. All board members deemed independent by NYSE and Oslo standards.

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Why Bullish?

The successful annual meeting reflects strong corporate governance, encouraging investor confidence. Historically, positive shareholder meetings can lead to increased stock prices in similar industries.

How important is it?

The governance restructuring suggests a proactive approach to compliance and performance, which can boost investor sentiment. Such proactive measures often stabilize or increase stock value.

Why Short Term?

The immediate aftermath of an annual meeting often influences stock performance, especially with significant governance changes, as seen with similar companies in the maritime sector.

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OET
May 30, 2025 16:15 ET  | Source: Okeanis Eco Tankers Corp ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE:ECO / OSE:OET) today announced that the 2025 Annual Meeting of the Shareholders of the Company (the “Annual Meeting”) was duly held on May 30, 2025 and that all proposals on the agenda were approved. At the Annual Meeting, the shareholders of the Company: (i) Elected the following eight directors to serve until the next annual meeting of shareholders or until their successors are elected and qualified: Ioannis Alafouzos (Chair), Robert Knapp, Daniel Gold, Joshua Nemser, Charlotte Stratos, Francis “Frank” Dunne, Petros Siakotos Konstantinidis and Dimitrios Papalexopoulos; and(ii) Ratified the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for the year ending December 31, 2025.    Following the Annual Meeting, the Board of Directors of the Company (the “Board”) approved the expansion of the size of each of its standing committees, effective June 1, 2025, and designated Frank Dunne to each such committee. The committees therefore are now comprised of the following directors: Audit Committee: Charlotte Stratos (Chair), Petros Siakotos and Frank Dunne.Remuneration Committee: Charlotte Stratos (Chair), Robert Knapp and Frank Dunne.Nominating/Corporate Governance Committee: Petros Siakotos (Chair), Charlotte Stratos and Frank Dunne. Each of the directors serving on the committees has been determined to be independent in accordance with the New York Stock Exchange listing standards and Oslo Stock Exchange requirements. Contacts Company:Iraklis Sbarounis, CFOTel: +30 210 480 4200ir@okeanisecotankers.com Investor Relations / Media Contact:Nicolas Bornozis, PresidentCapital Link, Inc.230 Park Avenue, Suite 1540, New York, N.Y. 10169Tel: +1 (212) 661-7566okeanisecotankers@capitallink.com About OET OET is a leading international tanker company providing seaborne transportation of crude oil and refined products. The Company was incorporated on April 30, 2018 under the laws of the Republic of the Marshall Islands and is listed on Oslo Stock Exchange under the symbol OET and the New York Stock Exchange under the symbol ECO. The sailing fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. Forward-Looking Statements This communication contains “forward-looking statements”, including as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “hope,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons, including as described in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Factors that could cause actual results to differ materially include, but are not limited to, the Company’s operating or financial results; the Company’s liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations; broader market impacts arising from war (or threatened war) or international hostilities; risks associated with pandemics, including effects on demand for oil and other products transported by tankers and the transportation thereof; and other factors listed from time to time in the Company’s filings with the SEC. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based. You should, however, review the factors and risks the Company describes in the reports it files and furnishes from time to time with the SEC, which can be obtained free of charge on the SEC’s website at www.sec.gov. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

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