Safe Bulkers plans private placement of 12 million new common shares

• Safe Bulkers is weighing a private placement of about 12,000,000 new common shares, sold to institutional investors outside the US.
• Pricing in EUR via accelerated bookbuild; the board will set the final offer price and share count with Piraeus Bank, DNB Carnegie, Fearnley.
• Net proceeds earmarked to boost liquidity, fund its newbuilding program, support potential vessel purchases, cover general corporate purposes.
• CEO Polys Hajioannou committed to subscribe for 2,000,000 shares, subject to potential scale-back to widen allocations.
• Trading on Euronext Athens set for suspension on Sept. 9, 2026 until the deal outcome is announced by 14:00 EET.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safe Bulkers Inc. published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.