The increased offer of $23.50 per share represents:
- a 31% premium to the undisturbed closing share price of Genco on November 21, 2025, the last trading day prior to Diana's initial proposal to acquire the remaining shares of Genco;
- an implied dividend yield of 9.1% and 8.3% based on consensus of analyst estimates of dividends per share for 2026 and 2027, respectively; and
- a price/net asset value ratio (P/NAV) of 1.0x based on the NAV estimated by Clarksons Securities, (adjusted for Genco's recently announced dividend) reflecting a meaningful premium to the P/NAV Genco has traded at historically.
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