PRESS RELEASE

Approximately USD 1.44 Million in Revenue from Transportation Agreement with ArcelorMittal

Y/KNOT Invest announces the successful completion of a cargo transportation agreement from Brazil to Germany with ArcelorMittal, the world’s leading steel and mining company. The operation, which lasted approximately 45 days, commenced in late May 2026 and was completed on Tuesday, July 7.

The agreement generated approximately USD 1.44 million in revenue, significantly strengthening the Company’s cash flow while demonstrating its ability to generate maritime-related income even without deploying vessels from its owned fleet.

The transaction comes at a time when Y/KNOT Invest is actively executing its investment strategy, having recently announced its entry into the tanker market. At the same time, it further diversifies the Company’s revenue streams, supporting growth not only through the expansion of its fleet but also by capitalizing on opportunities across the global shipping market.

Kifisia, 8 July 2026