Alimos, September 8, 2025

PRESS RELEASE

KIRIACOULIS MCS S.A:

Revenues exceeding $700.000 within 50 days from first dry bulk vessel charter

KIRIACOULIS MCS S.A announces successful completion of the first charter of its dry bulk vessel, recently added to the company’s fleet through a bareboat charter agreement, as initially disclosed on July 23, 2025.

The FEDERICA, a 37.000 DWT vessel built in 2012 at Hyundai shipyards, commenced its charter on September 5, 2025, under a minimum 50-day contract. The daily rate amounts to USD 14.000, a level considered particularly attractive in today’s market.

For the scheduled charter period, the company estimates that the vessel will generate gross revenues of more than USD 700.000 for KIRIACOULIS.

Commenting on the agreement, Mr. Rigas Tzortzis, Chairman of the Board of Directors of KIRIACOULIS, stated: “We are highly satisfied with this agreement, which reaffirms the effectiveness of our strategic choices. Our objective remains the sustainable growth in a dynamically evolving environment and further strengthening KIRIACOULIS’s position in the maritime sector.”