Bidding Announcement of 5507.7m³ LPG “ERA STAR”

December 2nd, 2025

Entrusted by the transferor (the Sellers), our company (the “Bidding Company”) is scheduled to hold an online public auction (the “Auction”) on the Shipbid website (www.shipbid.net) from 16:00 to 16:30 (Beijing Time) on December 19th, 2025 (the “Auction Day”), which is hereby announced as follows:

1.Auction Target:

Name: ERA STAR (IMO No.: 9988061);

Type: LPG;

Flag: Liberia;

Class: CCS (Next SS: November 23,2028);

Trading Area: Ocean-going;

Class Notation:

★ CSA Liquefied Gas Carrier; Type 2PG; Type C Independent Tank; Max. Cargo Density 0.96 t/m³; Max.

Vapour Pressure 1.76 Mpa; Min. Cargo Temperature -10℃; Ice Class B; Loading Computer (S, I, D)

★ CSM BRC

LOA: 99.99m; MLB: 18.50m; MLD: 8.00m;

GT/NT: 4963/1509;

DWT: 5187.38t; Draught (design)@5.5m;

Cargo Tanks: 2; Cubic Capacity: 5507.7m³;

M/E: Yanmar 6EY33W, 1 Set × 2750kW@750rpm;

Built Time: November 2023;

Builder: Taizhou Wuzhou Shipbuilding Industry Co., Ltd., China;

Remarks: The Vessel is in service. The vessel has been conducted the physical inspection by IDWAL on November 15th. For details of the inspection report, please contact the bidding company.

(All the information and data in reference to the Vessel provided in this Announcement, the Special Provisions as well as its Annexes (if any), are for reference only.)

2.Bidding Rules:

2.1 This Auction will be held without a reserved price. If only one bidder register for the Auction, such bidder shall be determined as the Buyers on the Auction Day, with the purchase price being the Starting Price. If two or more bidders register for the Auction, the Buyers shall be determined during the course of the Auction. There is no Right of First Refusal in this Auction.

2.2 The Starting Price is USD 15.78 million; Bidding Deposit: USD 0.8 million (or RMB 5.60 million). The Bid Increment shall be in an integer multiple of USD 10,000.

2.3 The Auction will commence from 1600 hours on the Auction Day (Beijing Time) and will continue until 1625 hours on the Auction Day (Beijing Time) after which time (A) if there is no new bid offered 5 minutes thereafter, the Auction will be deemed completed or (B) if there are further bids after 1625 hours then the Auction will only be deemed completed when 5 minutes elapses from the time of the last entered bid.

2.4 The Bidding Deposit of the unsuccessful bidders shall be refunded within Two (2) Banking Days after the end of the Auction, and each such Bidding Deposit will not accrue any interest. Bank or other charges incurred in relation to the remittance of each Bidding Deposit shall be borne by the relevant unsuccessful bidders.

2.5 The Purchase Price shall be settled in USD. If the Buyers pay the deposit in CNY, the Buyers shall pay another USD 0.8 million separately to the Auction Company’s designated US dollar account within three (3) Banking Days after the Auction Confirmation has been signed. The Auction Company shall return the CNY deposit fully back to the Buyers within Two (2) Banking Days after the receipt of the US deposit.

2.6 “Banking Day” means a business day (excluding Saturdays and Sundays) on which banks are open for general business at the places where the Sellers, the Bidding Company and the Transaction Service Agent (or Escrow Agent) are registered, as well as the locations of their respective account-opening banks.

2.7 The time of this auction activity shall be subject to Beijing time (unless otherwise expressly stated).

3.Registration Requirements:

3.1 Registration is available from the date of this Announcement and ends before the Auction starts (subject to the receipt of Bidding Deposit, the completion of online registration and the receipt of the auction number plate obtained from the platform. It is recommended that bidders pay the Bidding Deposit Three to Five (3-5) Banking Days in advance in order to avoid any issues resulting in missing the Auction). No registration will be accepted once the Auction has officially begun. After successful registration, the bidders shall be deemed to have fully known, accepted and complied with the contents of this Announcement, Bidding Rules, Special Provisions, its Annexes, relevant agreements and others.

3.2 Corporation or organization in and outside of China with legally existing may participate in this Auction.

The bidders must ensure that they are not subject to sanctions imposed by China, the United Nations, the European Union, or the United States, and have the ability to make and receive payments in US dollars (during the Auction or after the Auction, bidders must provide relevant explanations or proof materials and complete Know Your Customer (KYC) checks according to reasonable needs).

3.3 The bidders shall submit the following documents for registration (including but not limited to):

(1) For domestic bidders in mainland China:

营业执照扫描件（加盖公章）

法定代表人身份证扫描件（加盖公章）

经办人身份证扫描件及授权委托书（如有，需加盖公章）

参拍承诺书（详见附件）

竞拍保证金付款凭证

(2)For overseas bidders:

Certificate of Incorporation

Articles of Incorporation

Certificate of Incumbency or equivalent showing names of all directors and shareholders

Copy of all Director’s Passports

Undertaking for Bidding

Bank slip or other documentary evidence of bidding deposit

4.Inspection Schedule and Place:

Inspection is to be determined, please contact the Bidding Company for details.

Intended bidders may inspect the Vessel within the stipulated time. All the expenses, risks and responsibilities of the inspectors during the process shall be borne by the potential bidders. The Bidding Company and the Sellers shall only be responsible for coordination work. Potential bidders who fail to participate in the on-site inspection yet complete the registration procedures within the prescribed inspection time shall be deemed to have recognized and accepted the status quo and defects of the Vessel, including but not limited to all known and unknown defects related to the Vessel’s certificates and the Vessel’s conditions, etc. Potential bidders shall not object to defects, such as the quality, of the Vessel for any reason.

5.Account of Bidding Company:

(1) RMB Deposit Acct.：

Beneficiary: 浙江拍船网航运交易股份有限公司

Account No.: 3420020010120100378739

Beneficiary Bank: 浙商银行舟山分行

(2) USD Deposit Acct. 1：

Beneficiary: Zhejiang Shipping Exchange Co., Ltd.

Beneficiary Add: 6th Floor, Zhoushan Bulk Commodity Exchange Center, No.555 Wengshan Rd, Lincheng Zhoushan Zhejiang Province, P.R. China

Account No.: 3420 0200 1142 0100 0321 30

SWIFT (Beneficiary Bank): ZJCBCN2N

Beneficiary Bank: China Zheshang Bank

Beneficiary Bank Address: No.88, Lv Dao Road, Dinghai Dist., Zhoushan City, Zhejiang Prov., P.R. China