DIANA SHIPPING INC. → GENCO SHIPPING & TRADING LTD GNK

Item 4 of the Current Schedule 13D is hereby amended and supplemented to add the following: As previously disclosed in Amendment No. 6 and Amendment No. 7, on March 6, 2026, the Reporting Person submitted an updated non-binding proposal (the "Revised Proposal") to the Issuer's Board of Directors to acquire all of the issued and outstanding Shares not already owned by the Reporting Person for cash consideration of US$23.50 per share (the "Proposed Transaction"), and on March 19, 2026, the Issuer issued a press release stating that its Board of Directors had rejected the Revised Proposal. On April 13, 2026, the Reporting Person delivered to the Issuer a draft merger agreement in respect of the Proposed Transaction (the "Proposed Merger Agreement"). A copy of the Proposed Merger Agreement is attached hereto as Exhibit N.