Extract to table

as currently in effect | Cyprus | Borrower / P&D | Closing | Pending | To be certified by the company secretary 3 | Constitutional Documents | Certificate of Good Standing or equivalent certificate from the Cyprus Registrar of Companies | Cyprus | Borrower / P&D | Closing | Pending | Must be dated no more than 30 days prior to closing 4 | Constitutional Documents | Certificate of Registered Office and Directors from Cyprus Registrar of Companies (Form HE2 and HE4 equivalents) | Cyprus | Borrower / P&D | Closing | Pending | Confirm current registered office address and directors 5 | Constitutional Documents | Certificate of Shareholders from Cyprus Registrar of Companies (Form HE3 equivalent) | Cyprus | Borrower / P&D | Closing | Pending | Confirm current shareholding structure; TSL is 100% shareholder 6 | Board Resolutions | Board of Directors resolution authorizing: (a) execution and delivery of the Guaranty in favor of the Administrative Agent for the benefit of the Lenders; (b) execution of the Share Pledge Agreement pledging 100% of equity interests in vessel-owning subsidiaries; (c) appointment of authorized signatories | Cyprus | Borrower / P&D | Closing | Pending | Resolution must reference the $150,000,000 revolving credit facility and name Meridian Atlantic Bank N

| Cyprus | Borrower / P&D | Closing | Pending | Must be current as of the closing date 9 | Specimen Signatures | Specimen signatures of authorized signatories for Thalassa Dry Bulk Holdings Ltd

| Republic of the marshall Islands | Borrower / C&H | Closing | Pending | Must be current as of the closing date 7 | Specimen Signatures | Specimen signatures of authorized signatories for Thalassa Tanker Operations Ltd

| Cyprus | Borrower / P&D | Closing | Pending | Must be current as of the closing date 9 | Specimen Signatures | Specimen signatures of authorized signatories for Thalassa Logistics International Ltd