Danaos Corporation Announces Director Resignation

Core Points - Danaos Corporation announced the resignation of William Repko from its board of directors, effective October 13, 2025, with no disputes or disagreements involved [1] - The board maintains a majority of independent directors and has not yet decided on altering its size or filling the vacancy left by Repko [2] - Charalampos Pampoukis has been appointed to the Audit Committee to fill the vacancy created by Repko's resignation [2] Company Overview - Danaos Corporation is one of the largest independent owners of modern, large-size container vessels, with a fleet of 74 container vessels totaling 471,477 TEUs and 18 vessels under construction totaling 148,564 TEUs [3] - The company has recently expanded into the dry bulk sector by acquiring 10 capesize dry bulk vessels with a total capacity of 1,760,861 DWT [3] - Danaos' container vessels are chartered to major liner companies on fixed-rate charters, supported by a strong operational and environmental management track record [3]