December 2017

GoodBulk Ltd. Announces the Exercise of 6 Capesize Vessel Options and Result of the Rights Offering NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR

Rights Offering of up to 5.25 Million Common Shares – Extension of Subscription Period Hamilton, Bermuda – (18 December 2017) – Reference is made to

GoodBulk Ltd. Announces Rights Offering of up to 5.25 Million Common Shares Hamilton, Bermuda – (11 December 2017) – GoodBulk Ltd. (“GoodBulk” or the “Company”)