Directorate Change

The Board of Taylor Maritime Investments Limited ("TMI" or the "Company"), the listed specialist dry bulk shipping company, is pleased to announce that Mr. Charles Goodson Maltby will be appointed as a non-executive Director of the Company with effect from 1 January 2024.

Mr. Maltby has served as a Director of Grindrod Shipping Holdings Limited ("Grindrod") since 6 December 2022, where he is due to retire from the Board and from Grindrod's Compensation and Nomination Committee on 31 December 2023. Mr. Maltby has over 20 years of experience in the shipping industry and is currently Chief Executive Officer of BW Epic Kosan, the world's leading owner and operator of modern high-quality fully pressurised, semi-refrigerated, and ethylene capable gas carriers. Prior to that, Mr. Maltby held leadership positions at Pacific Basin and the transportation divisions of BHP.

The Board also announces that Helen Tveitan will retire as a non-executive Director and Chair of the Company's ESG & Engagement Committee on 31 March 2024, in order to devote greater time to her other business and personal commitments.

Henry Strutt, Chairman, commented:

"As one of our founding Directors, Helen has demonstrated outstanding commitment to the Company through a period of rapid growth and expansion. On behalf of the Board, I would like to thank Helen for her support, and for guiding the development of our ESG agenda.

We are delighted to welcome Charles to the TMI Board as we continue to align the strategic and governance activities across the combined Group, and expect to benefit from Charles' deep understanding of shipping markets, operations and knowledge and experience with Grindrod."

No further disclosures are required for Charles Maltby in respect of paragraphs 9.6.13 of the Financial Conduct Authority's Listing Rules.

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