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Safe Bulkers, Inc. Announces Results of 2024 Annual Meeting of Stockholders

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Safe Bulkers, Inc. (NYSE: SB), an international marine drybulk transportation services provider, held its 2024 Annual Meeting of Stockholders in Monaco. The meeting resulted in the election of three Class I directors: Polys Hajioannou, Ioannis Foteinos, and Ole Wikborg. These directors will serve until the 2027 annual meeting. Additionally, stockholders ratified the appointment of Deloitte, Certified Public Accountants S.A. as the company's independent auditors for the fiscal year ending December 31, 2024. This routine corporate governance event ensures continuity in the company's leadership and financial oversight.

Safe Bulkers, Inc. (NYSE: SB), un fornitore internazionale di servizi di trasporto di carichi secco, ha tenuto la sua Assemblea Annuale degli Azionisti 2024 a Monaco. Durante l'incontro sono stati eletti tre direttori di Classe I: Polys Hajioannou, Ioannis Foteinos e Ole Wikborg. Questi direttori serviranno fino all'assemblea annuale del 2027. Inoltre, gli azionisti hanno ratificato la nomina di Deloitte, Certified Public Accountants S.A. come revisori indipendenti dell'azienda per l'anno fiscale che termina il 31 dicembre 2024. Questo evento di routine nella governance aziendale garantisce la continuità nella leadership e nella supervisione finanziaria dell'azienda.

Safe Bulkers, Inc. (NYSE: SB), un proveedor internacional de servicios de transporte de carga seca, celebró su Reunión Anual de Accionistas 2024 en Mónaco. En la reunión se eligieron a tres directores de Clase I: Polys Hajioannou, Ioannis Foteinos y Ole Wikborg. Estos directores servirán hasta la reunión anual de 2027. Además, los accionistas ratificaron la nombramiento de Deloitte, Certified Public Accountants S.A. como auditores independientes de la empresa para el año fiscal que termina el 31 de diciembre de 2024. Este evento rutinario de gobernanza corporativa asegura la continuidad en el liderazgo y la supervisión financiera de la empresa.

Safe Bulkers, Inc. (NYSE: SB), 국제 해양 건화물 운송 서비스 제공업체,는 모나코에서 2024년 주주 총회를 개최했습니다. 이 회의에서는 세 명의 1급 이사: Polys Hajioannou, Ioannis Foteinos, Ole Wikborg가 선출되었습니다. 이 이사들은 2027년 총회까지 재임할 예정입니다. 또한 주주들은 Deloitte, Certified Public Accountants S.A.를 2024년 12월 31일로 종료되는 회계 연도의 회사 독립 감사인으로 임명하는 안건을 승인했습니다. 이 정기적인 기업 거버넌스 행사는 회사의 리더십과 재정 감독의 연속성을 보장합니다.

Safe Bulkers, Inc. (NYSE: SB), un fournisseur international de services de transport maritime de marchandises sèches, a tenu son Assemblée Annuelle des Actionnaires 2024 à Monaco. La réunion a abouti à l'élection de trois directeurs de Classe I : Polys Hajioannou, Ioannis Foteinos et Ole Wikborg. Ces directeurs serviront jusqu'à l'assemblée annuelle de 2027. De plus, les actionnaires ont ratifié la nomination de Deloitte, Certified Public Accountants S.A. en tant qu'auditeurs indépendants de l'entreprise pour l'exercice se terminant le 31 décembre 2024. Cet événement de gouvernance d'entreprise de routine garantit la continuité du leadership et de la supervision financière de l'entreprise.

Safe Bulkers, Inc. (NYSE: SB), ein internationaler Anbieter von maritimen Trockenbulktransportdienstleistungen, hielt seine Jahreshauptversammlung der Aktionäre 2024 in Monaco ab. Die Versammlung führte zur Wahl von drei direktoren der Klasse I: Polys Hajioannou, Ioannis Foteinos und Ole Wikborg. Diese Direktoren werden bis zur Jahreshauptversammlung 2027 im Amt sein. Darüber hinaus genehmigten die Aktionäre die Ernennung von Deloitte, Certified Public Accountants S.A. als unabhängige Wirtschaftsprüfer des Unternehmens für das zum 31. Dezember 2024 endende Geschäftsjahr. Diese routinemäßige Unternehmensführung gewährleistet die Kontinuität in der Unternehmensführung und der finanziellen Aufsicht.

Positive
  • Successful completion of the annual meeting, indicating good corporate governance
  • Continuity in leadership with the re-election of directors
  • Ratification of a reputable auditing firm (Deloitte) for financial oversight
Negative
  • None.

MONACO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced the election of three Class I directors at the Company’s annual meeting of stockholders held in Monaco today.

Polys Hajioannou, Ioannis Foteinos and Ole Wikborg were elected Class I directors. The Class I directors were elected to hold office for a term ending at the annual meeting of stockholders in 2027 and until their respective successors have been duly elected and qualified.

Stockholders also ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2024.

About Safe Bulkers, Inc.

The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company's common stock, Series C and Series D preferred stock is listed on the NYSE, where it trades under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, business disruptions due to natural disasters or other events, such as the recent COVID-19 pandemic, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, changes in TCE rates, changes in fuel prices, risks associated with operations outside the United States, general domestic and international political conditions, uncertainty in the banking sector and other related market volatility, disruption of shipping routes due to political events, risks associated with vessel construction and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For further information please contact:

Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
Tel.: +30 2 111 888 400
Fax: +30 2 111 878 500
E-Mail: directors@safebulkers.com

Investor Relations / Media Contact:
Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com


FAQ

Who were elected as Class I directors for Safe Bulkers (SB) in the 2024 Annual Meeting?

Polys Hajioannou, Ioannis Foteinos, and Ole Wikborg were elected as Class I directors for Safe Bulkers (SB) in the 2024 Annual Meeting.

When will the term of the newly elected Class I directors of Safe Bulkers (SB) end?

The term of the newly elected Class I directors of Safe Bulkers (SB) will end at the annual meeting of stockholders in 2027.

Which auditing firm was appointed for Safe Bulkers (SB) for the fiscal year 2024?

Deloitte, Certified Public Accountants S.A. was appointed as Safe Bulkers' (SB) independent auditors for the fiscal year ending December 31, 2024.

Where was Safe Bulkers' (SB) 2024 Annual Meeting of Stockholders held?

Safe Bulkers' (SB) 2024 Annual Meeting of Stockholders was held in Monaco.

Safe Bulkers, Inc.

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