Diana Shipping Inc. announced it has notified Nordic Trustee AS (as per the enclosed Notice of Exercise of Call Option) that the Company exercises the call option in accordance with the bond agreement for the 8.375 % senior unsecured USD 125,000,000 bond issue 2021/2026 with ISIN NO0011021974. All outstanding bonds will be redeemed at a price equal to 103.35%. of the nominal amount for each redeemed bond, together with accrued interest on the redeemed bonds.

Settlement will take place on July 8th, 2024. Following the prepayment, no further bonds under the Bond Issue will be outstanding. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.