Diana Shipping Inc. · NYSE:DSX

Diana Shipping — Investor Presentation (April 2025)

13 slides from Diana Shipping's investor presentation, Apr 1, 2025

  1. Slide 1: 20th NYSE Listing Anniversary Investor Meeting

    20th NYSE Listing Anniversary Investor Meeting April 1, 2025

  2. Slide 2: Forward Looking Statements

    This presentation does not constitute or form part of and should not be construed as an offer to sell any The Company desires to take security or an invitation, solicitation, or advantage of the safe harbor Forward inducement to purchase or subscribe provisions of the Private Securities for any secu

  3. Slide 3: Diana's Overview

    Diana’s Overview 11.40 years AVERAGE AGE3 Ultramax Newcastlemax 4.1m DWT 13% 40% NET DEBT/MARKET VALUE1 CARRYING 20% Panamax CAPACITY3 11% US$207.2m OF CASH2 99.7% AVERAGE FLEET Kamsarmax 12% 35% ASSETS OF US$1.1b MARKET VALUE UTILIZATION4 9% Post- Panamax Capesize 12 groups OF SISTER VESSELS 37 ves

  4. Slide 4: 20-year Journey - Key Milestones

    20-year Journey - Key Milestones 2021 2025 New joint venture “Ecogas” Semiramis Paliou for 2x7,500 cbm semi- appointed CEO 2023 2024 refrigerated LPG newbuildings. Ordered 2 Methanol Dual Fuel Created our own manning agency Spin-off 3 dry bulk vessels. 2022 newbuilding Kamsarmax dry bulk in Manila I

  5. Slide 5: Experienced Management Team and Board of Directors

    Experienced Management Team and Board of Directors Executive Committee Members Highly Experienced Management Team Semiramis Paliou, Anastasios C. Margaronis, Maria Dede, Director & CEO Director and President Co-CFO • CEO of DSX since 2021, • President and a Director of • Co-CFO since 2025 Director s

  6. Slide 6: Strong & Consistent Financial Performance

    Strong & Consistent Financial Performance Operating revenues (USDm) EBITDA (USDm) 269 337 290 275 256 262 187 239 181 226 221 228 169 166 221 214 190 141 176 125 130 164 162 170 158 103 98 92 87 116 114 77 81 103 56 52 29 34 36 -12 Net debt to net book value of fleet Cash and equivalents (USDm) 50%

  7. Slide 7: Dividend History & Shareholder Returns

    Dividend History & Shareholder Returns Cash dividend per share Dividend in kind per share $12.00 Cumulative dividend paid since 2005 = $11.056 per common share $0.010$0.010 $0.075$0.075$0.075 $0.150 $0.070 $0.150 $0.101 $10.00 $0.150$0.150 $0.184 $0.175 $0.275 $0.250 $0.200 Cumulative dividend payou

  8. Slide 8: Resilience through Shipping Market Cycle

    Resilience through Shipping Market Cycle 12,000 Phase 2005-2009 Phase 2010-2020 Phase 2021-today 10,000 Baltic Exchange Dry Index 8,000 6,000 4,000 2,000 0 BDI Equity Offering Bond Issuance Share Repurchase We create to share 8

  9. Slide 9: Strategic Vision for the Future – Exploiting New Sectors

    Strategic Vision for the Future – Exploiting New Sectors Aligning with our evolving focus, this trend reflects global trade shifts and the growing demand for new commodity transport driven by economic changes and sustainability goals Participation in Ecogas project Participation in Windward CSOV pro

  10. Slide 10: Strategic Vision for Dry Bulk Shipping

    Strategic Vision for Dry Bulk Shipping Mission to actively participate in the evolution of sustainable shipping transition by embracing innovation and building partnerships while remaining financially robust 2x methanol dual-fuel newbuilds Late 2027 and USD 92m early 2028 TOTAL INVESTMENT WITH DELIV

  11. Slide 11: To summarize

    To summarize Leading pure play dry bulk Legacy Listed on NYSE Experienced Excellent ongoing Rewarding our carrier safely navigated since 2005 management team stakeholder shareholders company... through shipping cycles ready to deliver on the engagement with attractive cash since 1972 challenges of t

  12. Slide 12: Celebrating a New Milestone – Our 20th NYSE Listing Anniversary

    Celebrating a New Milestone – Our 20th NYSE Listing Anniversary Our ultimate goal remains the generation of long- term shareholder value. We appreciate the 20-year partnership with NYSE, the optimal platform for companies like DIANA SHIPPING focusing on optimizing capital structure and taking advant

  13. Slide 13: Thank you

    DIANA SHIPPING INC: Thank you See crate mae es LISTED

Diana Shipping — Investor Presentation (April 2025) on 6ix