On April 17, 2024, GK Investor LLC filed a definitive proxy statement soliciting proxies and urged the shareholders of Genco Shipping & Trading Limited to vote for the election of its nominee, Robert M. Pons, and to withhold on the election of the Company nominee, James G. Dolphin, as directors of the Company. GK Investor also urged the shareholders to vote for a proposal, to approve the repeal of each provision of, and each other amendment to, the By-Laws adopted by the Board without the approval of the shareholders of the Company after March 28, 2023, at the Company?s annual shareholders meeting scheduled to be held on May 23, 2024.