D'Amico International Shipping S A : DIS_Execution of the Buy back program_January 25th 2021January 25th 2021

PRESS RELEASE

EXECUTED BUY-BACK PROGRAM

Luxembourg - January 25th, 2021 - d'Amico International Shipping S.A. (following "DIS" or the "Company") announces today that during the period between January 14th and January 22nd 2021, n. 1,305,897 own shares (representing 0.105% of the outstanding share capital of the Company) were repurchased on the regulated market managed by Borsa Italiana S.p.A. at the average price of Euro 0.0936 and for a total consideration of Euro 122,217.85.

As at January 22nd, 2020, d'Amico International Shipping S.A. holds nr. 18,326,911 own shares, representing 1.48% of its outstanding share capital.

The transactions were made and coordinated by an independent equity broker duly engaged for this purpose, Equita SIM S.p.A., in compliance with the Board of Directors resolution of 13th of November 2019 and under the authorization to purchase own shares approved by DIS Shareholders' Meeting on 20th April 2016 (as reminded by means of a press release issued on 13th November 2019).

More information about the daily purchases of DIS' treasury shares (ISIN code LU0290697514) can be found below in aggregated form and in details as per Annex A enclosed.

Date	Volume	Average Price (Euro)	Consideration (Euro)
14/01/2021	151,397	0.0952	14,412.99
15/01/2021	300,000	0.0946	28,380.00
18/01/2021	120,160	0.0938	11,271.01
19/01/2021	120,000	0.0938	11,256.00
20/01/2021	163,334	0.0936	15,288.06
21/01/2021	163,206	0.0936	15,276.08
22/01/2021	287,800	0.0915	26,333.70

From today this press release is available on the Investor Relations section of the Company's website, disclosed through the e-market SDIR circuit, filed with Commission de Surveillance du Secteur Financier (CSSF) and stored at Borsa Italiana S.p.A. through the e-market STORAGE system and at Société de la Bourse de Luxembourg S.A. in its quality of OAM (Officially Appointed Mechanism).

d'Amico International Shipping S.A. is a subsidiary of d'Amico Società di Navigazione S.p.A., one of the world's leading privately-owned marine transportation companies, and operates in the product tankers sector, comprising vessels that typically carry refined petroleum products, chemical and vegetable oils. d'Amico International Shipping S.A. indirectly controls, either through ownership or charter arrangements, a modern, high-tech and double-hulled fleet, ranging from 35,000 to 75,000 deadweight tons. The Company has a history and a long tradition of family enterprise and a worldwide presence with offices in key market maritime centres (London, Dublin, Stamford, Monaco and Singapore). The company's shares are listed on the Milan Stock Exchange under the ticker symbol 'DIS.MI'.

Investor Relations	Media Relations
d'Amico International Shipping S.A	Havas PR Milan
Anna Franchin - Investor Relations Manager	Marco Fusco
Tel: [phone]	Tel.: [phone]
Tel: [phone]	E-Mail:[e-mail]
E-mail:[e-mail]	Antonio Buozzi
	Tel.: [phone]
Capital Link	E-Mail:[e-mail]
New York - Tel. [phone]‐7566
London - Tel. [phone]‐2950
E‐Mail: [e-mail]

ANNEX A

Date	Volume	Price (Euro)	Time
14/01/2021	15,000	0.0959	09:03:58
14/01/2021	25,000	0.0952	10:02:47
14/01/2021	9,081	0.0952	13:12:48
14/01/2021	4,461	0.0952	13:12:48
14/01/2021	500	0.0952	13:16:56
14/01/2021	1,000	0.0952	14:12:39
14/01/2021	2,099	0.0952	15:25:08
14/01/2021	7,859	0.0952	15:52:36
14/01/2021	31,134	0.0951	16:23:35
14/01/2021	20,000	0.0951	17:20:26
14/01/2021	1,259	0.0951	17:23:24
14/01/2021	20,000	0.0951	17:23:54
14/01/2021	2,607	0.0951	17:29:30
14/01/2021	10,392	0.095	17:29:30
14/01/2021	1,005	0.095	17:29:45
Date	Volume	Price (Euro)	Time
15/01/2021	3,600	0.0956	09:04:08
15/01/2021	40,000	0.0947	09:09:48
15/01/2021	13,374	0.0947	09:14:19
15/01/2021	15,000	0.095	10:36:41
15/01/2021	12,558	0.0949	13:13:01
15/01/2021	10,000	0.0949	13:25:35
15/01/2021	16,000	0.0949	14:17:14
15/01/2021	5,442	0.0949	14:58:27
15/01/2021	29,558	0.0949	14:58:27
15/01/2021	1,218	0.0949	14:58:27
15/01/2021	10,174	0.0949	15:05:35
15/01/2021	131	0.0947	15:26:16
15/01/2021	10,000	0.0947	15:26:16
15/01/2021	2,945	0.0947	15:36:24
15/01/2021	5,000	0.0944	16:14:42
15/01/2021	876	0.0944	16:29:13
15/01/2021	925	0.0944	16:38:00
15/01/2021	23,199	0.0944	16:38:06
15/01/2021	15,000	0.0943	16:42:52
15/01/2021	5,000	0.0943	16:42:52

15/01/2021	10,000	0.0943	16:48:23
15/01/2021	15,000	0.0942	17:01:05
15/01/2021	1,240	0.0942	17:01:05
15/01/2021	3,760	0.0942	17:02:16
15/01/2021	37,665	0.094	17:29:39
15/01/2021	12,335	0.094	17:29:45
Date	Volume	Price (Euro)	Time
18/01/2021	40,036	0.0938	12:05:30
18/01/2021	9,964	0.0938	12:05:30
18/01/2021	36	0.0938	12:19:38
18/01/2021	519	0.0938	12:19:38
18/01/2021	43,445	0.0938	12:19:38
18/01/2021	22,500	0.0937	15:14:15
18/01/2021	1,227	0.0937	15:14:15
18/01/2021	2,433	0.0937	15:14:25
Date	Volume	Price (Euro)	Time
19/01/2021	2,205	0.0941	14:25:24
19/01/2021	2,024	0.0941	14:25:24
19/01/2021	2,000	0.094	15:38:38
19/01/2021	2,006	0.094	15:42:30
19/01/2021	1,450	0.094	15:51:45
19/01/2021	21,515	0.094	16:12:07
19/01/2021	8,485	0.0938	16:12:07
19/01/2021	2,510	0.0938	16:30:56
19/01/2021	33,000	0.0938	16:45:54
19/01/2021	3,340	0.0938	16:58:10
19/01/2021	1,465	0.0938	16:59:17
19/01/2021	29,899	0.0937	17:00:56
19/01/2021	10,101	0.0937	17:29:46
Date	Volume	Price (Euro)	Time
20/01/2021	9,000	0.0941	09:20:56
20/01/2021	21,000	0.0935	10:44:09
20/01/2021	40,000	0.0934	11:22:54
20/01/2021	30,000	0.0932	11:57:02
20/01/2021	10,485	0.094	11:58:34
20/01/2021	515	0.094	11:58:34
20/01/2021	45,000	0.0937	12:20:22
20/01/2021	102	0.0937	12:25:58