Maroussi, Greece – April 24, 2026 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company, announced today that its Chief Financial Officer, Henry Williams, will be stepping down at the end of

Pyxis Tankers Announces CFO Transition

Pyxis Tankers Sees Leadership Change as New Growth Phase Begins

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  <section data-block="information">
    <h3>Information</h3>
    <p>Maroussi, Greece – April 24, 2026 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company, announced today that its Chief Financial Officer, Henry Williams, will be stepping down at the end of</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Pyxis Tankers announced a leadership transition, with Fotis Giannakoulis succeeding Henry Williams as CFO. This change aligns with the company&#039;s strategic intent to enhance growth and optimize its fleet of eco-efficient vessels, which could positively influence operational efficiency and financial performance.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Pyxis Tankers CFO Henry Williams steps down effective April 30, 2026.</li><li>Fotis Giannakoulis will replace Williams as CFO on May 1, 2026.</li><li>Giannakoulis brings 25 years of finance experience to the role.</li><li>Company aims to pursue growth with a modern fleet of eco-vessels.</li><li>Management expresses confidence in strategic direction under new CFO.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Morgan Stanley (MS)</strong>: Former employer of new CFO Fotis Giannakoulis, underscoring his financial background.</li><li><strong>ABN AMRO (ABN)</strong>: Giannakoulis&#039;s experience at ABN AMRO adds to his credibility in financial leadership.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it involves a significant leadership change. Leadership transitions can impact strategic direction and operational effectiveness, directly affecting investor sentiment and future performance.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>CFO change may affect investor confidence in execution of strategic goals.</li><li>Expertise of new CFO could enhance financial operations and investor relations.</li><li>Expansion plans could lead to increased fleet efficiency and revenue potential.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>CFO Henry Williams resigns effective April 30, 2026.</li><li>Fotis Giannakoulis brings 25 years of relevant experience.</li><li>Company operates six eco-vessels in the shipping industry.</li><li>Pyxis has significant resources for fleet expansion.</li><li>Strategically positioned to optimize operations and customer relationships.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Buy PXS for mid to long-term gains as management transitions may drive growth.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">Maroussi, Greece – April 24, 2026 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company, announced today that its Chief Financial Officer, Henry Williams, will be stepping down at the end of April, 2026. Effective May, 1, 2026, Fotis Giannakoulis will assume the role of CFO.</p>  <p><b>Our Chairman &amp; CEO, Mr. Valentios Valentis, commented:</b></p>  <p align="justify">"We sincerely appreciate Henry Williams for his significant contributions to the Company since its public listing in 2015. He is held in the highest regard, and we wish him continued success in his future endeavors. We have known Fotis Giannakoulis, both personally and professionally for many years, and are very pleased to welcome him to our senior management team. Fotis brings 25 years of experience in ship finance, having served as a lender, research analyst and investment banker with leading institutions including Morgan Stanley, Fearnleys and ABN AMRO. We look forward to his meaningful impact as we pursue and execute on our next phase of growth."</p>  <p><b>About Pyxis Tankers Inc.</b></p>  <p align="justify">The Company currently owns a modern fleet of six mid-sized eco-vessels, which are engaged in the seaborne transportation of a broad range of refined petroleum products and dry-bulk commodities and consists of three MR product tankers, one Kamsarmax bulk carrier and controlling interests in two dry-bulk joint ventures of a sister-ship Kamsarmax and an Ultramax. The Company is positioned to opportunistically expand and maximize its fleet of eco-efficient vessels due to significant capital resources, competitive cost structure, strong customer relationships and an experienced management team whose interests are aligned with those of its shareholders. For more information, visit: <a href="http://www.pyxistankers.com" title="http://www.pyxistankers.com">http://www.pyxistankers.com</a>. The information on or accessible through the Company's website is not incorporated into and does not form a part of this release.</p>  <p><b>Forward Looking Statements</b></p>  <p align="justify">This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995 in order to encourage companies to provide prospective information about their business. These statements include statements about our plans, strategies, goals, financial performance, prospects or future events or performance and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expects," "seeks," "predict," "schedule," "projects," "intends," "plans," "anticipates," "believes," "estimates," "targets," "continue," "contemplate," "possible," "likely," "might," "will," "should," "would," "potential," and variations of these terms and similar expressions, or the negative of these terms or similar expressions. All statements that are not statements of either historical or current facts, including among other things, our expected financial performance, expectations or objectives regarding future and market charter rate expectations and, in particular, the effects of the war in the Ukraine and the conflicts in the Middle East and the Red Sea region, on our financial condition and operations as well as the nature of the product tanker and dry-bulk industries, in general, are forward-looking statements. Such forward-looking statements are necessarily based upon estimates and assumptions. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. The Company's actual results may differ, possibly materially, from those anticipated in these forward-looking statements as a result of certain factors, including changes in the Company's financial resources and operational capabilities and as a result of certain other factors listed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The Company is reliant on certain independent and affiliated managers for its operations, including most recently an affiliated private company, Konkar Shipping Agencies, S.A., for the management of its dry-bulk vessels. For more information about risks and uncertainties associated with our business, please refer to our filings with the U.S. Securities and Exchange Commission, including, without limitation, under the caption "Risk Factors" in our Annual Report on Form 20-F for the fiscal year ended December 31, 2025. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any information in this press release, including forward-looking statements, to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws.</p>  <p><b><br></br></b></p>  <p><b>Company</b><br></br>Pyxis Tankers Inc.<br></br>59 K. Karamanli Street<br></br>Maroussi, 15125 Greece<br></br><a href="https://www.globenewswire.com/Tracker?data=FsI_WisJOzxTKZ3P7sEHwhd8ikv_b835bBUJLz9GrcHYM4wWo5riZxNg46gwrdcCGW3qTpLLCqA4r-lrf-JnVe9pTppM0LULLfbEK5DOxDQ=" rel="nofollow" target="_blank">info@pyxistankers.com</a></p>  <p>Visit our website at <a href="https://www.globenewswire.com/Tracker?data=WDJyGtBxw1JJJWN1H12ux3NoVxq6APBG5fPxvrHIPOcA6yieXW3qwT70EIGvxn4gnFXsk0sLqxwiFA2jgLA4zq0iaWCgthhScVlMc8fGaus=" rel="nofollow" target="_blank">www.pyxistankers.com</a></p>  <p><b>Company Contact</b><br></br>Henry Williams<br></br>Chief Financial Officer<br></br>Tel: +30 (210) 638 0200 / +1 (516) 455-0106<br></br>Email: <a href="https://www.globenewswire.com/Tracker?data=l6IbAGL8A20bWvA_fsxPtWzCdqOtus4_uUyrHcw-3tDoysrKynSf_hfTmwkbTYg6tYRwOlCk3lnbhqr2CrJTAs5BAG1z7xIiF_13Upr6WhX7lHqiemukvaUsS35vSINm" rel="nofollow" target="_blank">hwilliams@pyxistankers.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=MTAwMTE3Nzg4NiM0MDIzODA2ODAjMjAyNjA3NA=="></img> <br></br><img alt="" src="https://ml-eu.globenewswire.com/media/NjI4YzlhNjYtYTFhMi00MTZkLTgwNjktMDIyNmY5ZDU3ZDg0LTEwMzc2NDYtMjAyNi0wNC0yNC1lbg==/tiny/Pyxis-Tankers-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/e3cbd121-29eb-4644-a495-4e4315cdf07e"><img src="https://ml-eu.globenewswire.com/media/e3cbd121-29eb-4644-a495-4e4315cdf07e/small/pyxis-logo-png.png" border="0" width="150" height="111" alt="Primary Logo"></img></a></p>

Pyxis Tankers announced a leadership transition, with Fotis Giannakoulis succeeding Henry Williams as CFO. This change aligns with the company's strategic intent to enhance growth and optimize its fleet of eco-efficient vessels, which could positively influence operational efficiency and financial performance.

Pyxis Tankers Announces CFO Transition

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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