International Seaways, Inc. Announces Launch of At-the-Market Equity Distribution Program

12 May 2026 20:21 CEST

New York, NY - 12 May 2026

On May 11, 2026, International Seaways, Inc. ("INSW" or the "Company") published
a Current Report on Form 8-K ("Form 8-K") announcing the entry by the Company
into an equity distribution agreement with sales agents BTIG, LLC; B. Riley
Securities, Inc.; Clarksons Securities, Inc.; and Fearnleys Securities, Inc. to
issue and sell, from time to time, shares of the Company's common stock in “at
the market” offerings up to an aggregate gross sales price of $200,000,000.

The Form 8-K has been filed with the U.S. Securities and Exchange Commission
(SEC), and is publicly available at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001679049/000110465926058763/tm
2614029d2_8k.htm

This announcement is made in connection with the Company’s $250 million
USD-denominated Nordic bond originally issued in September 2025. The bond
carries a fixed coupon of 7.125% and matures in 2030. It is listed under the
following identifiers:

ISIN: NO 0013660365

Euronext Oslo Børs Symbol: INSW01

For further information, please contact:

Investor Relations & Media Contact:
Tom Trovato, International Seaways, Inc.
(212) 578-1602
ttrovato@intlseas.com

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