EuroDry Ltd. Announces Results of Its 2025 Annual General Meeting of Shareholders

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EuroDry Ltd. (NASDAQ: EDRY), a drybulk vessel operator and seaborne transportation provider, held its Annual General Meeting of Shareholders on July 23, 2025. The meeting resulted in two key approvals: the re-election of George Taniskidis and Apostolos Tamvakakis as Class B Directors for a three-year term until 2028, and the appointment of Deloitte Certified Public Accountants, S.A. as the company's independent auditors for fiscal year 2025.

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ATHENS, Greece, July 24, 2025 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today the official results of its Annual General Meeting of Shareholders held at the offices of Seward & Kissel LLP, 901 K Street NW, Suite 800, Washington, DC 20001, on Tuesday, July 23, 2025 at 11:30 a.m. The following proposals were approved by the Company’s shareholders:

1. Mr. George Taniskidis and Mr. Apostolos Tamvakakis were re-elected as Class B Directors to serve for a term of three years until the Company’s 2028 Annual Meeting of Shareholders ("Proposal One"); and
   
   
2. Deloitte Certified Public Accountants, S.A. was approved as the Company's independent auditors for the fiscal year ending December 31, 2025 ("Proposal Two").
   

About EuroDry Ltd.

EuroDry Ltd. was formed on January 8, 2018 under the laws of the Republic of the Marshall Islands to consolidate the drybulk fleet of Euroseas Ltd into a separate listed public company. EuroDry was spun-off from Euroseas Ltd on May 30, 2018; it trades on the NASDAQ Capital Market under the ticker EDRY. EuroDry operates in the dry cargo, drybulk shipping market. EuroDry's operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company and Eurobulk (Far East) Ltd. Inc., which are responsible for the day-to-day commercial and technical management and operations of the vessels. EuroDry employs its vessels on spot and period charters. The Company has a fleet of 12 vessels, including 4 Panamax drybulk carriers, 5 Ultramax drybulk carriers, 2 Kamsarmax drybulk carriers and 1 Supramax drybulk carrier. EuroDry’s 12 drybulk carriers have a total cargo capacity of 843,402 dwt. After the delivery of two Ultramax vessels in 2027, the Company’s fleet will consist of 14 vessels with a total carrying capacity of 970,402 dwt.

Visit our website www.eurodry.gr

Company Contact	Investor Relations / Financial Media
Tasos Aslidis Chief Financial Officer EuroDry Ltd. 11 Canterbury Lane, Watchung, NJ07069 Tel. (908) 301-9091 E-mail: aha@eurodry.gr	Nicolas Bornozis Markella Kara Capital Link, Inc. 230 Park Avenue, Suite 1540 New York, NY10169 Tel.(212) 661-7566 E-mail: eurodry@capitallink.com

FAQ

What were the key outcomes of EuroDry's (EDRY) 2025 Annual General Meeting?

The meeting approved two proposals: the re-election of George Taniskidis and Apostolos Tamvakakis as Class B Directors, and the appointment of Deloitte as independent auditors for FY2025.

Who are the newly re-elected Class B Directors of EuroDry (EDRY)?

George Taniskidis and Apostolos Tamvakakis were re-elected as Class B Directors to serve until the company's 2028 Annual Meeting of Shareholders.

How long will the re-elected EDRY directors serve on the board?

The re-elected Class B Directors will serve for a three-year term until EuroDry's 2028 Annual Meeting of Shareholders.

Who will serve as EuroDry's (EDRY) independent auditors for 2025?

Deloitte Certified Public Accountants, S.A. was approved as EuroDry's independent auditors for the fiscal year ending December 31, 2025.