Taylor Maritime Investments Limited

Managed realisation vessel sales

Follows from Third return of capital – Fourth $45m return planned for NovemberFollows from Third return of capital – Fourth $45m return planned for NovemberFollows from Partial compulsory redemption return – Completed 2 February 2026, closed 17 Feb 2026Follows from Special dividend and return of capital – proposed

Managed realisation began with disposals from 2025. On 1 Sep 2026 the company agreed to sell three handysize vessels for an estimated $48.6m gross, including two deals with CEO-controlled T3. On 6 Oct 2026 it completed the sale, receiving about $48.6m gross. It is now disposing of the last vessel, which is subject to a purchase option by the Company.

Track record

52 disposals since start of 2023 at average 3.1% discount to Fair Market Value; $869.1 million gross proceeds 24 Jul 2026 ↗

Next milestone

Sale of the last vessel; update to follow in due course 6 Oct 2026 ↗

Size

Three handysize vessels, about $48.6m gross proceeds, completed 6 Oct 2026 6 Oct 2026 ↗

Buyers

T3 (CEO-controlled) bought Vessel A and 51% of the Sale Company; Hermes bought 49% 6 Oct 2026 ↗

Pricing

Vessel A $15.0m vs $13.7m valued; Vessels B and C $33.6m vs $33.3m book value 6 Oct 2026 ↗

Use of money

Majority of net proceeds to fund a further compulsory partial redemption 6 Oct 2026 ↗

Next: Complete sale of last vessel; update to follow

1. 6 Oct 2026 Three-vessel sale completed; last vessel being sold
2. 1 Sep 2026 Three-vessel sale agreed; two vessels left
3. 24 Jul 2026 Five vessels left, all on time charter
4. 17 Jul 2026 One vessel and JV share sold; five vessels left