AGREEMENT SIGNED - DISPOSAL OF A VESSEL

About this update from Jinhui Shipping & Transportation Ltd.

The Board of Jinhui Shipping and Transportation Limited (the 'Company')announces that a wholly-owned subsidiary of the Company entered into amemorandum of agreement on 2 December 2025 for the disposal of a Supramax atconsideration of US$14,400,000.The announcement is also available on the website of the Company athttp://www.jinhuiship.com.For details, please see attachment on http://www.newsweb.no.https://newsweb.oslobors.no/message/661019

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