Dividend amount: $0.50 per share

Declared currency: USD

Date of approval: 14 May 14 2020

Last day including right: 18 May 18 2020

Ex-date: 19 May 2020

Record date: 20 May 2020

Payment date: 2 June 2020

Contact:

John Papaioannou, CFO

jvp@okeanisecotankers.com

+30 210 4804099

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.