Euroseas Ltd. has scheduled its annual meeting of shareholders for July 23, 2026, at 11:00 a.m. in Washington, DC. The meeting will be held at the offices of Seward & Kissel LLP, located at 1901 L Street, NW, Suite 700. Shareholders of record at the close of business on June 16, 2026, are entitled to receive notice of and vote at the annual meeting, including any adjournments or postponements.

The company's proxy statement and annual report on Form 20-F, which contains audited financial statements for the fiscal year ended December 31, 2025, are available on its website. Hard copies of the proxy materials, including the annual report, can be requested free of charge by writing to Euroseas Ltd. at 4 Messogiou & Evropis Street, 151 24 Maroussi, Greece.

Fleet Expansion Plans

Euroseas Ltd. operates a fleet of 21 vessels, comprising 15 Feeder containerships and 6 Intermediate containerships with a total cargo capacity of 61,144 teu. The company has newbuildings scheduled for delivery between 2027 and 2029, which will expand its fleet to 33 vessels with a total carrying capacity of 97,396 teu.

Company Overview

Euroseas Ltd. was formed on May 5, 2005, under the laws of the Republic of the Marshall Islands to consolidate the ship-owning interests of the Pittas family of Athens, Greece. The company trades on the NASDAQ Capital Market under the ticker ESEA. Its operations are managed by Eurobulk Ltd., an affiliated ship management company certified under ISO 9001:2008 and ISO 14001:2004 standards. Euroseas employs its vessels on spot and period charters and through pool arrangements.

Euroseas Ltd., an owner and operator of container carrier vessels, has declared its options to construct two additional modern fuel-efficient, gearless 1,800 teu container vessels. The vessels will be built at Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. in China, with a total consideration of approximately $32.26 million for each vessel. The company plans to finance the acquisition through a combination of debt and equity.

Delivery Schedule

The construction of the new vessels aligns with Euroseas's strategy to expand its fleet with modern, fuel-efficient ships. The delivery dates are set for December 2028 and March 2029, ensuring a phased addition to the company's operational capacity.

Financial Details

The financial commitment for the two vessels is outlined below:

The vessels are designed to be gearless and fuel-efficient, reflecting the company's focus on operational efficiency and environmental sustainability in the seaborne transportation of containerized cargoes.