2020 Bulkers Ltd. announced Mr. Magnus Halvorsen has resigned as CEO of 2020 Bulkers Management AS, effective as of February 1, 2022. Mr. Halvorsen has held the position as CEO of 2020 Bulkers Management AS since January 2019, after having served as the Company's Chairperson from its inception in September 2017. 2020 Bulkers further announces the appointment of Herman Billung as CEO of 2020 Bulkers Management AS, effective as of February 1, 2022. Mr. Billung will also be appointed functioning CEO of Himalaya Shipping Ltd, under the management agreement between 2020 Bulkers Management AS and Himalaya Shipping Ltd.  Mr. Billung has a 31 year career in international shipping. From 2005 - 2016 he acted as CEO of Golden Ocean Management AS, prior to establishing Songa Bulk in 2016 with Arne Blystad as a main shareholder. In 2018 Songa Bulk was sold to Star Bulk Carriers Corp. where Mr. Billung has served as Senior Vice President and General Manager. Mr. Billung is a Norwegian Citizen and a resident of Norway.