The Board of 2020 Bulkers Ltd. approved a cash distribution of USD 0.09 per share for December 2022. The distribution will be made from the company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Ex-date: January 20, 2023.

Record date: January 23, 2023. Payment date: On or about January 31, 2023.