SAFE BULKERS Inc.: 4th Annual Scholarship Announcement

SAFE BULKERS Inc., a New York Stock Exchange (NYSE) listed company, and its CEO Polys V. Hajioannou have announced the company's 4th Annual Scholarship Programme for the academic year 2024-2025, in the context of its Environmental, Social and Governance (ESG) policy.

The programme consists of 10 scholarships that will be granted to Cypriot citizens or Greek citizens settled in Cyprus, either students graduating from educational institutions in Cyprus (Lyceum) or those who are attending studies at universities in Greece, the United Kingdom and other respective universities abroad. An amount of €10,000 per scholarship shall be awarded based on the academic merit and financial status of the participants who aim to pursue a professional career in the Maritime Industry.

Τhe scholarships are related to undergraduate or postgraduate studies (Master) for studies abroad in the fields of:

• Naval Engineering / Naval Architecture / Marine Engineering
• Mechanical Engineering / Electrical Engineering
• Electronic Engineering / Computer Engineering / Automation
• Computer Science / Cyber Security
• Shipping Law

Minimum academic requirements

• Lyceum graduates: Certificate of acceptance from a respective University. Cyprus Apolytirion grade (min 18.0) or A-levels in Mathematics or Physics (min B) will be considered.
• UK University students: Average yearly grade over 60% or 2.1.
• Students of Universities of Greece: Average yearly grade over 6.5.
• Postgraduate studies for Masters (M.Sc.) in the United Kingdom: Degree in Hellenic Polytechnic with grade 7.5 or from a University of the United Kingdom with grade 2.1
• Students from other Universities abroad: Average Grade above “Very Good”

Social criteria

• Family status
• Family income

If you are interested to apply for the programme, you can visit the company's website (https://safebulkers.com/scholarships) and fill out online the electronic application form with the requested information. In case of any inquiries or clarifications regarding the scholarship programme, contact SAFE BULKERS Inc. via e-mail: ypotrofies@safebulkers.com

Applications for the academic year 2024-2025 must be submitted to the company no later than 31 August 2024.

Supporting documentation and certifications can be provided at a later stage until the beginning of the academic year.

The pre-approval of the scholarship will be based on the Application, while the final approval will be confirmed upon submission of the required supporting documents.