We wish to inform you that the Company has entered into a contract for acquisition of a new-building Suezmax Tanker.

Our Ref.: S/2026/SECL September 28, 2026 BSE Limited National Stock Exchange of India Limited 1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 BSE Scrip code: 500620 Trading Symbol - GESHIP Dear Sir, We wish to inform you that the Company has entered into a contract for acquisition of a new-building Suezmax Tanker of about 157,000 dwt, to be constructed in the Far East by one of the world’s leading shipbuilders. The vessel is scheduled for delivery in the second half of FY 2028-29. A Press Release to be issued in this connection is enclosed. You are requested to take note of the above. Thanking You, Yours faithfully, For The Great Eastern Shipping Company Limited Anand Punde Company Secretary anand_punde@greatship.com www.greatship.com PRESS RELEASE GE Shipping contracts to buy a new-building Suezmax Tanker The Great Eastern Shipping Company Limited (GE Shipping) has entered into a contract for acquisition of a new-building Suezmax Tanker of about 157,000 dwt on 28th September 2026, to be constructed in the Far East by one of the world’s leading shipbuilders. The vessel is scheduled for delivery in the second half of FY 2028-29. Currently, the vessel is proposed to be financed from internal accruals. The purpose of the acquisition is expansion of the fleet. The company’s current owned fleet stands at 40 vessels, comprising 25 Tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.24 mn dwt. The Company’s current capacity utilization is close to 100%. Additionally, the company has contracted to buy two secondhand Kamsarmax Dry Bulk Carriers, and these transactions are expected to be completed in Q3 FY27. Place: MUMBAI Date: 28th September 2026 -----------------------------------------visit us at www.greatship.com--------------------------------------- For further details, please email us at: corp_comm@greatship.com www.greatship.com