Pacific Basin Shipping Limited announced on 16 February 2026 that two Non-executive Directors, Dr. Harindarpal Singh Banga and Mr. Angad Banga, have joined the Board. With these appointments, the total number of Directors increases to eleven, comprising seven Independent Non-executive Directors, two Executive Directors, and two Non-executive Directors.

The Board is chaired by Mr. Stanley Hutter Ryan, who also serves as a member of the Remuneration Committee and chair of the Nomination Committee. The Audit Committee is chaired by Mr. John Mackay McCulloch Williamson, while Mrs. Irene Waage Basili chairs the Remuneration Committee and is a member of the Nomination Committee. The Sustainability Committee is led by Dr. Kirsi Kyllikki Tikka, and the Executive Committee is headed by Chief Executive Officer, Mr. Martin Fruergaard.

Newly appointed Non-executive Directors, Dr. Banga and Mr. Banga, are not currently serving on any Board Committees. The Board composition and committee memberships took effect on 16 February 2026 in Hong Kong.