Earnings Presentation Quarter Ended December 31, 2025 1 February 25, 2026 30 – 78 – 230 12 – 34 – 106 229 – 29 – 36 192 – 0 – 0 217 – 217 – 217 220 – 230 – 242 242 – 242 – 242 154 – 172 – 204 Forward-Looking Statements Statements in this presentation may be "forward-looking statements" within the meaning of federal securities laws. The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expecta ...

Company Overview - EuroHoldings Ltd was spun off from Euroseas Ltd on March 17, 2025[10] - Marla Investments Inc acquired 51.04% of EuroHoldings' outstanding common shares from the Pittas family on June 23, 2025[10] - The company decided to focus on the tanker sector starting August 12, 2025[10] Financial Performance (Q3 2025) - Net revenues were $2.96 million[12] - Net income was $1.54 million, or $0.55 per share[12] - Adjusted EBITDA was $1.44 million[12] Fleet Expansion - EuroHoldings acquired its first MR product tanker for $31.83 million on November 5, 2025[17] - The fleet consists of 2 containerships with a total capacity of 3,171 TEU and 1 product tanker with a capacity of 49,997 DWT[18] Containership Market - The containership markets, especially for feeder vessels, have remained strong[23] - 20% of Feeders small size(1,000-1,999 TEU) are 20 years+/ Fleet[25] - The average 6-12 month TC rate for 1,700 TEU geared vessels was $28,750/day as of November 14, 2025[29] Product Tanker Market - One-year TC rates for MR tankers reached $23,750/day in early November 2025, matching the 2020-2025 average[50] - Almost 46% of the MR product fleet is over 15 years of age[50] - The orderbook represents 14.1% of the existing fleet[41] Financial Position - Cash & Other assets: $17.5 million[63] - Vessels book value: $3.6 million[63] - Net Asset Value around $30.2 million, or around $10.73/share[63]

Company Overview - Euroholdings Ltd was spun off from Euroseas Ltd on March 17, 2025[10] - The spin-off included a fleet of two debt-free vessels and approximately $14 million in cash from the sale of M/V Diamantis P[10] - Marla Investments Inc acquired 51.04% of Euroholdings' outstanding common shares from the Pittas family on June 23, 2025[10, 16] - The company declared a second quarterly dividend of $0.14 per share for Q2 2025[15] Strategic Shift - Euroholdings plans to focus on the tanker market, initially pursuing medium range ("MR") product tanker investments[11, 12] - Approximately $15 million is available for equity investment in the tanker sector[12] Financial Performance (Q2 2025) - Net Revenues were $2.92 million[14, 43] - Net Income was $0.82 million[14, 43] - Adjusted EBITDA was $0.81 million[14, 43] Containership Fleet - The current fleet consists of 2 vessels with a total capacity of 3,171 TEU and an average age of 26.9 years[38] - Charter coverage is approximately 82% for the remaining 6 months of 2025 and about 40% for 2026[38]

Core Viewpoint - EuroDry Ltd. is set to release its financial results for the second quarter ended June 30, 2025, on August 11, 2025, before the market opens in New York [1]. Company Overview - EuroDry Ltd. was established 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 public company [7]. - The company was spun-off from Euroseas Ltd on May 30, 2018, and trades on the NASDAQ Capital Market under the ticker EDRY [7]. - EuroDry operates in the dry cargo and drybulk shipping market, managing a fleet of 12 vessels with a total cargo capacity of 843,402 deadweight tons (dwt) [7]. - The fleet includes 4 Panamax drybulk carriers, 5 Ultramax drybulk carriers, 2 Kamsarmax drybulk carriers, and 1 Supramax drybulk carrier [7]. - After the delivery of two Ultramax vessels in 2027, the fleet will expand to 14 vessels with a total carrying capacity of 970,402 dwt [7]. Financial Results Announcement - The financial results for the second quarter will be discussed in a conference call and webcast scheduled for August 11, 2025, at 10:00 a.m. Eastern Time [2]. - Participants are encouraged to dial in 10 minutes before the scheduled time using specific numbers provided for US and international calls [3]. - An audio webcast of the conference call will be available live and archived on the company's website, along with a slide presentation in PDF format [5][6].

Core Points - EuroDry Ltd. announced the results of its Annual General Meeting of Shareholders held on July 23, 2025, where key proposals were approved [1] Company Overview - EuroDry Ltd. was established on January 8, 2018, to consolidate the drybulk fleet of Euroseas Ltd into a separate public company, trading on NASDAQ under the ticker EDRY [2] - The company operates in the dry cargo and drybulk shipping market, managing a fleet of 12 vessels with a total cargo capacity of 843,402 dwt, which will increase to 14 vessels and 970,402 dwt after the delivery of two Ultramax vessels in 2027 [2] Shareholder Proposals - Mr. George Taniskidis and Mr. Apostolos Tamvakakis were re-elected as Class B Directors for a term of three years until the 2028 Annual Meeting of Shareholders [3] - Deloitte Certified Public Accountants, S.A. was approved as the independent auditors for the fiscal year ending December 31, 2025 [3]