On May 16, 2024, GK Investor LLC issued a press release, in which GK Investor announced that it is withdrawing its nomination of Robert Pons as a candidate for election to the Board of Directors of Genco Shipping & Trading Limited, as well as its bylaw repeal proposal. GK Investor stated that it wishes to thank shareholders for their support and also to advise that any and all executed GK Investor?s universal proxy cards or GK Investor?s voting instruction forms received by GK Investor, or its agents will not be voted at the 2024 annual meeting of shareholders of the Company. GK Investor added that therefore, shareholders who wish to vote at the annual meeting are advised to vote on the Company?s proxy card or voting instruction form.