2020 Bulkers Ltd. has approved a cash distribution of USD 0.04 per share for June 2023. 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. Date of approval is July 10, 2023.

Last day including right is July 20, 2023. Ex-date is July 21, 2023. Record date is July 24, 2023.

Payment date is On or about July 31, 2023.