Safe Bulkers Becomes First Shipping Company to List on Euronext Athens With EUR 580 Million Market Capitalisation

Caption: Polys Hajioannou, CEO of Safe Bulkers Inc., and members of the Board of Directors rang the bell this morning to celebrate the listing of Safe Bulkers Inc.

(IN BRIEF) Safe Bulkers, Inc. has listed its common shares on the Euronext Athens Regulated Market, becoming the first shipping company to be listed on Euronext Athens and the 25th listing on Euronext in 2026. The global dry-bulk shipping company was admitted to trading on 2 June 2026 through the parallel listing of 101,826,580 common shares under the ticker code SB. At market opening, the shares were admitted at a reference price of EUR 5.70 per share, giving the company a market capitalisation of approximately EUR 580.4 million. Safe Bulkers operates a fleet of 45 dry bulk vessels transporting commodities such as iron ore, coal, grain, bauxite, fertilisers and steel products for major charterers worldwide. The listing is considered a significant milestone for the Greek capital market, strengthening the link between Greece’s shipping industry and domestic capital markets while supporting Athens’ ambition to grow as an international maritime finance centre.

(PRESS RELEASE) ATHENS , 2-Jun-2026 — /EuropaWire/ — Safe Bulkers, Inc. has listed its common shares on the Euronext Athens Regulated Market, becoming the first shipping company to be listed on Euronext Athens and marking a notable development for Greece’s capital market. The global dry-bulk shipping company began trading on 2 June 2026 under the ticker code SB, with a market capitalisation of approximately EUR 580.4 million based on the opening reference price.

The listing represents Euronext’s 25th listing of 2026 and strengthens the connection between Greece’s internationally recognised shipping industry and the domestic capital market. It also broadens the sector representation on Euronext Athens, adding a major maritime company to the exchange at a time when Athens is seeking to enhance its role as a financial and shipping hub.

Safe Bulkers provides seaborne transportation services in the dry-bulk sector, carrying major commodities such as iron ore, coal and grain, as well as minor bulk cargoes including bauxite, fertilisers and steel products. The company serves leading charterers worldwide and operates a fleet of 45 dry bulk vessels.

The company is also investing in fleet renewal and environmental performance through a programme of newbuild vessels equipped with energy-efficiency and emissions-reduction technologies. This reflects the wider shipping industry’s focus on modernisation, operational efficiency and environmental compliance.

Safe Bulkers was admitted to trading on Euronext Athens through the parallel listing of 101,826,580 common shares. At market opening, the shares were admitted at a reference price of EUR 5.70 per share, giving the company a first-day market capitalisation of approximately EUR 580.4 million.

Polys Hajioannou, CEO of Safe Bulkers, described the listing as an important milestone for the company, the wider maritime community and Athens. He said the move provides Safe Bulkers with access to European institutional investors and supports the ambition of developing Athens into a leading global maritime finance hub within the Euronext platform.

To mark the listing, Polys Hajioannou and members of the Safe Bulkers Board of Directors rang the opening bell at Euronext Athens. The event highlighted the symbolic importance of bringing a shipping company to the Greek exchange and strengthening the relationship between Greece’s maritime sector and European capital markets.

Safe Bulkers’ common stock, Series C preferred stock and Series D preferred stock also trade on the New York Stock Exchange under the symbols SB, SB.PR.C and SB.PR.D, respectively. Its common stock now additionally trades on Euronext Athens under the same SB symbol.

About Safe Bulkers

The Company is an international provider of marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine dry bulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C”, and “SB.PR.D”, respectively. The Company’s common stock is listed on the EURONEXT ATHENS, and trades under the symbol “SB”.

About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal. In November 2025, Euronext acquired a majority stake in the Athens Stock Exchange (ATHEX), reinforcing its pan-European footprint and further extending its fully integrated market infrastructure with the addition of an exchange, a CSD and a clearing house.

As of March 2026, Euronext’s regulated exchanges in Belgium, France, Greece, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,800 listed issuers with €7 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 29% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

For the latest news and resources, please visit the Media Centre.
Follow us on Instagram (instagram.com/euronextgroup). LinkedIn (linkedin.com/company/euronext and X (x.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

Media Contacts:

CONTACT EURONEXT – mediateam@euronext.com

Europe        Sandra Machado        +351 917 776 897

Greece        Ioulia Zafolia        +30 694 570 1070

CONTACT SAFE BULKERS, INC.

Dr. Loukas Barmparis, President, Safe Bulkers, Inc.

directors@safebulkers.com         Tel: +30 2111 888 400         Tel: +357 25 887 200

Investors Relations Media Contact Capital Link Inc.

NYSE: Paul Lampoutis, Vice-President

plampoutis@capitallink.com         Tel: +1 (212) 661-7566

Euronext Athens: Anna Wichmann

awichmann@capitallink.com        Tel: +30 210 6109-800

SOURCE: Euronext