Contract analysis

1. The foregoing Resolutions were duly adopted by the unanimous written consent of all members of the Board of Directors of the Company, effective as of October 18, 2024, in accordance with the Company's articles of incorporation and the applicable provisions of the laws of the Hellenic Republic.

2. As of the date hereof, the foregoing Resolutions remain in full force and effect and have not been amended, modified, rescinded, or revoked in any respect.

3. The individuals named as Authorized Signatories in Resolution 2 — namely, Alexandros Stavridis, Chairman and Chief Executive Officer, and Markos Theodorakis, General Counsel — are duly elected or appointed officers of the Company, hold the titles set forth opposite their names, and are authorized to execute and deliver documents on behalf of the Company and Aegean Fortuna Shipholding Ltd. as provided in the forego

4. The Company is a duly organized and validly existing Société Anonyme under the laws of the Hellenic Republic, in good standing, and has not been dissolved, liquidated, or placed in administration. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Company on this _ day of _____, 2024. ________________________________________ Name: ________ Title: Secretary (or Authorized Officer) Date: ___

Section 8.14 — Notification of Litigation Settlements. The Borrower shall provide the Administrative Agent with prompt written notice (and in any event within five (5) business days) of the execution of any settlement agreement or consent to the entry of any judgment in connection with any litigation, arbitration, or other dispute resolution proceeding involving the Borrower or any of its Subsidiaries, where the aggr