D'Amico International Shipping S A : DIS_Execution of the Buy back program_January 05th 2021January 05th 2021

PRESS RELEASE

EXECUTED BUY-BACK PROGRAM

Luxembourg - January 05th, 2021 - d'Amico International Shipping S.A. (following "DIS" or the "Company") announces today that during the period between December 29th and December 30th 2020, n. 138,364 own shares (representing 0.011% 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 0.0908 and for a total consideration of Euro 12,559.61.

As at December 30th, 2020, d'Amico International Shipping S.A. holds nr. 15,447,896 own shares, representing 1.25% 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)
29/12/2020	50,000	0.0909	4,545.00
30/12/2020	88,364	0.0907	8,014.61

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
29/12/2020	8,000	0.0908	11:52:02
29/12/2020	678	0.0907	14:31:03
29/12/2020	5,322	0.0907	15:12:34
29/12/2020	14	0.0908	16:27:52
29/12/2020	25,986	0.0910	16:27:52
29/12/2020	9,014	0.0910	16:27:58
29/12/2020	986	0.0910	16:31:56
Date	Volume	Price (Euro)	Time
30/12/2020	21,003	0.0906	09:44:42
30/12/2020	8,997	0.0906	09:54:40
30/12/2020	8,440	0.0906	12:57:10
30/12/2020	24,137	0.0906	13:33:54
30/12/2020	1,021	0.0906	13:33:54
30/12/2020	1,018	0.0908	15:05:20
30/12/2020	1,363	0.0908	15:05:20
30/12/2020	4,852	0.0908	15:21:12
30/12/2020	6,000	0.0908	15:50:48
30/12/2020	1,000	0.0908	16:00:16
30/12/2020	7,320	0.0908	16:11:12
30/12/2020	738	0.0908	16:11:20
30/12/2020	950	0.0908	16:40:40
30/12/2020	1,525	0.0908	16:40:40