Oslo, Norway, April 16, 2024

2020 Bulkers Ltd. (the "Company") advises that the 2024 Annual General Meeting of the Company will be held on Tuesday, May 7th, 2024 at 4:30 p.m. CET at the Company's offices at Tjuvholmen Allé 3, 0252 Oslo, Norway.

The Board of Directors has fixed the close of business on Wednesday April 17, 2024 as the record date for determination of the shareholders entitled to attend and vote at the Annual General Meeting or any adjournment thereof.

A copy of the Notice of General Meeting and Form of Proxy can be found on the Company's website www.2020bulkers.com and attached to this press release. The Notice of General Meeting and Form of Proxy will also be distributed to shareholders by normal distribution methods. Shareholders who have not opted to receive electronic communications from the Company will receive the main notice and the Form of Proxy only and are referred to the documentation published herewith and on the Company's website for further information and the Company's proposals in connection with the matters on the agenda for the Annual General Meeting.

Pursuant to the company's bye-laws, it is a term of issue of each share in the company that each shareholder provides an address for electronic communications from the Company. Hence, the Company kindly ask that shareholders who have not already done so, consent to electronic communication from Euronext Securities Oslo by updating their communications information at MyVPS at https://www.euronext.com/en/post-trade/euronext-securities/oslo/login or contact their account operator to provide such consent.