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Star Bulk Announces Addition of New Member to Its Board of Directors

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Star Bulk (Nasdaq: SBLK) announced on October 3, 2025 the appointment of Mikkel Storm Weum to its Board of Directors as a Class B director. Mr. Weum is an Investment Director at Seatankers Management Norway AS and serves on the board of FLEX LNG (NYSE). The press release states the new director’s affiliations and role but does not disclose compensation, term length beyond "Class B," or direct operational duties.

Star Bulk (Nasdaq: SBLK) ha annunciato il 3 ottobre 2025 l'nomina di Mikkel Storm Weum al proprio Consiglio di Amministrazione come direttore di Classe B. Il signor Weum è Investment Director presso Seatankers Management Norway AS e fa parte del consiglio di amministrazione di FLEX LNG (NYSE). Il comunicato stampa riporta le affiliazioni e il ruolo del nuovo direttore ma non rende pubblico né la retribuzione, né la durata del mandato oltre a "Classe B", né compiti operativi diretti.

Star Bulk (Nasdaq: SBLK) anunció el 3 de octubre de 2025 el nombramiento de Mikkel Storm Weum en su Junta Directiva como director de Clase B. El señor Weum es Director de Inversión en Seatankers Management Norway AS y forma parte de la junta de FLEX LNG (NYSE). El comunicado de prensa indica las afiliaciones y el rol del nuevo director, pero no divulga la compensación, el plazo del mandato más allá de “Clase B” ni las funciones operativas directas.

Star Bulk (나스닥: SBLK)2025년 10월 3일에 이사회에 클래스 B 이사로 임명되었음을 발표했습니다. Weum 씨는 Seatankers Management Norway AS투자이사이며 FLEX LNG의 이사회(NYSE)에도 재직 중입니다. 보도자료는 신규 이사의 소속과 역할을 명시하지만 보상, “클래스 B”를 넘어선 임기, 또는 직접적 운영 업무에 대해서는 공개하지 않습니다.

Star Bulk ( Nasdaq: SBLK ) a annoncé le 3 octobre 2025 la nomination de Mikkel Storm Weum au conseil d'administration en tant que conseiller de classe B. M. Weum est Directeur d'Investissement chez Seatankers Management Norway AS et siège au conseil de FLEX LNG (NYSE). Le communiqué de presse indique les affiliations et le rôle du nouveau directeur mais ne divulgue ni la rémunération, ni la durée du mandat au-delà de « Classe B », ni des fonctions opérationnelles directes.

Star Bulk (Nasdaq: SBLK) gab am 3. Oktober 2025 die Berufung von Mikkel Storm Weum in den Vorstand als Director der Klasse B bekannt. Herr Weum ist Investment Director bei Seatankers Management Norway AS und sitzt im Vorstand von FLEX LNG (NYSE). Die Pressemitteilung erwähnt die Zugehörigkeiten und Rolle des neuen Direktors, offenbart jedoch weder eine Vergütung, die Mandatsdauer über „Klasse B“ hinaus, noch direkte operative Aufgaben.

Star Bulk (ناسداك: SBLK) أعلنت في 3 أكتوبر 2025 تعيين Mikkel Storm Weum في مجلس إدارتها كـ مدير من الدرجة B. السيد Weum يشغل منصب مدير الاستثمار في Seatankers Management Norway AS ويخدم في مجلس إدارة FLEX LNG (NYSE). البيان الصحفي يذكر انتماءات ودور المدير الجديد ولكنه لا يكشف عن التعويض، أو مدة الميثاق بخلاف 'الدرجة B'، أو أي مهام تشغيلية مباشرة.

Star Bulk (纳斯达克: SBLK)2025年10月3日宣布任命Mikkel Storm Weum为董事会成员,担任B级董事。Weum先生现任Seatankers Management Norway AS投资总监,并在FLEX LNG(NYSE)董事会任职。新闻稿指出新董事的隶属关系与职责,但未披露薪酬、除“B级”之外的任期长度,或直接的运营职务。

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ATHENS, Greece, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced today that Mr. Mikkel Storm Weum was appointed to the Company’s Board of Directors to serve as a Class B director. Mr. Weum is an Investment Director in Seatankers Management Norway AS and also serves on the board of NYSE listed FLEX LNG Ltd.

About Star Bulk
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk’s vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, New York, Stamford and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol “SBLK”. As of the date of this release on a fully delivered basis and as adjusted for the delivery of a) the vessels agreed to be sold and b) the five firm Kamsarmax vessels currently under construction, we own a fleet of 142 vessels, with an aggregate capacity of 14.2 million dwt consisting of 17 Newcastlemax, 15 Capesize, 1 Mini Capesize, 7 Post Panamax, 42 Kamsarmax, 1 Panamax, 48 Ultramax and 11 Supramax vessels with carrying capacities between 55,569 dwt and 209,537 dwt.

In addition, in November 2021, we took delivery of the Capesize vessel Star Shibumi, under a seven-year charter-in arrangement and in 2024, we took delivery of the vessels Star Voyager, Star Explorer, Stargazer, Star Earendel, Star Illusion and Star Thetis, each subject to a seven-year charter-in arrangement.

Contacts

Company: 
Simos Spyrou, Christos BeglerisInvestor Relations / Financial Media:
Co ‐ Chief Financial OfficersNicolas Bornozis
Star Bulk Carriers Corp.President
c/o Star Bulk Management Inc.Capital Link, Inc.
40 Ag. Konstantinou Av.230 Park Avenue, Suite 1540
Maroussi 15124New York, NY 10169
Athens, GreeceTel. (212) 661‐7566
Email: info@starbulk.comE‐mail: starbulk@capitallink.com
www.starbulk.comwww.capitallink.com



FAQ

Who did Star Bulk (SBLK) appoint to its board on October 3, 2025?

Star Bulk appointed Mikkel Storm Weum as a Class B director.

What is Mikkel Storm Weum's current role referenced in the SBLK press release?

He is an Investment Director at Seatankers Management Norway AS.

Does the SBLK announcement state Mikkel Weum's board experience with other public companies?

Yes; the release notes he serves on the board of FLEX LNG (NYSE).

When was the SBLK board appointment of Mikkel Weum announced?

The appointment was announced on October 3, 2025.

Is there information in the release about Mikkel Weum's compensation or term length at SBLK?

No; the press release does not disclose compensation or specific term length beyond the "Class B director" designation.

Will Mikkel Weum's appointment to SBLK's board change the company's operations according to the press release?

The press release does not state any operational changes or direct impacts from the appointment.
Star Bulk Carriers Corp.

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