EUROSEAS LTD.

Euroseas Ltd. announced its Annual Meeting of Shareholders will be held on July 23, 2026, at 11:00 a.m. ET in Washington, DC. Shareholders of record as of June 16, 2026, are eligible to vote. Key proposals include the election of three Class A Directors and the appointment of Deloitte Certified Public Accountants, S.A. as the company's independent auditors for the fiscal year ending December 31, 2026.

Euroseas Ltd. announced that its Board of Directors has called an Annual Meeting of shareholders to be held on July 23, 2026, at 11:00 a.m. in Washington, DC. Shareholders of record at the close of business on June 16, 2026, are eligible to vote. The Company's Proxy Statement and annual report on Form 20-F for the fiscal year ended December 31, 2025, are available on its website. Euroseas currently operates a fleet of 21 container carrier vessels, with plans to expand to 33 vessels by 2029.

Euroseas Ltd. announced the order for two additional fuel-efficient, gearless 1,800 TEU containerships, exercising options from a previous order. These vessels, costing approximately $32.26 million each, are scheduled for delivery in December 2028 and March 2029. The company plans to finance the acquisition through a combination of debt and equity, citing a tight feeder and sub-6000 TEU containership market with a low orderbook and aging fleet as favorable structural fundamentals for this investment.

Euroseas Ltd. announced the declaration of options for the construction of two additional modern fuel-efficient, gearless 1,800 teu container vessels. These vessels, sisterships to two ordered in April 2026, are scheduled for delivery in December 2028 and March 2029. Each vessel will cost approximately $32.26 million, financed through a combination of debt and equity. Chairman and CEO Aristides Pittas highlighted the company's commitment to fleet modernization and the compelling business case in the tight feeder and sub-6000 teu containership market.

Euroseas Ltd. announced 2-year charter contract extensions for its 1,800 teu feeder containerships, M/V Stephania K and M/V Pepi Star. The extensions are for a minimum of 24 to a maximum of 26 months at a gross daily rate of $25,500, commencing in late July and mid-August 2026, respectively. These charters are expected to generate approximately $27 million in EBITDA and significantly increase the company's charter coverage for 2026, 2027, and 2028.

Euroseas Ltd. announced charter contract extensions for its 2024-built 1,800 teu feeder containerships, M/V Stephania K and M/V Pepi Star. The extensions are for a minimum of 24 to a maximum of 26 months at a gross daily rate of $25,500, commencing in July and August 2026. These charters are expected to generate approximately $27 million of EBITDA over the minimum contracted period and significantly increase the company's charter coverage for 2026, 2027, and 2028.

Euroseas Ltd. announced strong financial results for the first quarter of 2026, with net revenues of $55.8 million and net income of $32.5 million, or $4.67 basic earnings per share. The company declared a quarterly dividend of $0.80 per share, an increase of 6.7%, and approved the continuation of its share repurchase plan. Additionally, Euroseas formed a joint venture with NRP Investors for a new 4,484 TEU vessel, M/V Thrylos, with NRP acquiring a 49% ownership interest for approximately $12.2 million.

Euroseas Ltd. announced the ordering of four additional feeder containerships, expanding its newbuilding program. This includes two 2,800 teu high-reefer vessels for approximately $46.5 million each and two 1,800 teu vessels for about $32.5 million each, totaling around $158 million. These additions bring the company's newbuilding program to ten vessels with a total contracted cost of approximately $500 million, aiming to create a younger and more modern fleet. The company also holds options for up to four more vessels and has a contracted revenue backlog of $650 million.

Euroseas Ltd. announced a charter contract extension for its 2007-built EM Kea containership for a minimum of 36 to a maximum of 38 months. The new gross daily rate of $30,000, commencing July 14, 2026, represents a significant increase of close to 60% over the vessel's current rate. This fixture is expected to generate about $22.5 million in EBITDA over the minimum period and substantially increases the company's charter coverage for the coming years.