Oslo, Norway, March 16, 2023

2020 Bulkers Ltd. announces that the Annual Report for the year ended December 31, 2022, has been approved by the Board of Directors of the Company.

There were no changes to the consolidated statements of operations or consolidated balance sheets compared to those presented on February 8, 2023.

The Annual Report for 2022 is enclosed and is also available on the Company’s website: https://2020bulkers.com

Investor Relations

2020 Bulkers is fully committed to its shareholders’. We intend to provide comprehensive and fully updated information to our investors and analysts.

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