Braemar Shipping Regulatory News (BMS)

BRAEMAR SHIPPING SERVICES PLC

("Braemar", the "Company" or the "Group")

26 August 2021

AGM Trading Update

Braemar Shipping Services Plc (LSE: BMS), a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, is pleased to make the following trading statement ahead of its Annual General Meeting being held today at 2pm:

'The board is pleased with the financial and operating performance of the Group for the first five months of the year. Trading has been good across all three of the Group's divisions and the breadth of the Group's business model, the diversity of the broking operation and the markets in which the Group now operates, have insulated the business well from any ongoing pandemic weakness. The board is united in seeking to develop further the Group's growth strategy and we look forward to the remainder of the financial year with confidence.'

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Notes to Editors:

About Braemar Shipping Services Plc

Braemar is a leading international Shipbroker and provider of expert advice in shipping investment, chartering and risk management. Braemar employs approximately 520 people in 30 offices worldwide across its Shipbroking, Financial and Logistics divisions.

Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.

For more information, including our investor presentation, visit www.braemar.com