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TEN Ltd. Holds Its Thirty-Second General Annual Meeting of Shareholders

1. TEN's shareholders approved all resolutions with 94.6% votes at the recent meeting. 2. The company has operated for 32 years, reflecting stability in shipping. 3. TEN's fleet comprises 82 vessels, indicating diversified operational capacity. 4. Forward-looking statements highlight potential risks but no obligation to update. 5. TEN is established in crude, product, and LNG transport industries.

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FAQ

Why Bullish?

The high approval rate of resolutions hints at shareholder confidence and stability, which historically boosts stock performance. Strong governance often leads to positive market sentiment.

How important is it?

The significant shareholder support and the company's longevity underscore its operational strength and reliability, which are crucial for investor confidence.

Why Short Term?

The immediate effects of the shareholders' meeting, particularly on stock sentiment, tend to manifest quickly. Positive sentiment could reflect in the stock price within days to weeks post-announcement.

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GLOGTNKNMM
June 18, 2025 16:05 ET  | Source: Tsakos Energy Navigation ATHENS, Greece, June 18, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Thirty-Second General Annual Meeting of Shareholders was duly held in Athens on June 12, 2025, pursuant to a Notice of Annual Meeting of Shareholders dated April 30, 2025 (“the Notice”). The meeting was conducted with a quorum of its common shares represented either in person or by proxy, and all proposed resolutions were approved by at least 94.6% or higher of the votes cast. ABOUT TSAKOS ENERGY NAVIGATION Founded in 1993 and celebrating 32 years as a public company, TEN is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 82 vessels, including twelve DP2 shuttle tankers, two scrubber fitted suezmax vessels, two scrubber-fitted MR product tankers and five scrubber-fitted LR1 tankers under construction, consisting of a mix of crude tankers, product tankers and LNG carriers, totaling 10.1 million dwt. FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. For further information, please contact: Tsakos Energy Navigation Ltd. George SaroglouPresident & COO+30210 94 07 710gsaroglou@tenn.gr Investor Relations / MediaCapital Link, Inc.Nicolas Bornozis/ Markella Kara+212 661 7566ten@capitallink.com

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