Safe Bulkers Announces Annual Meeting of Stockholders
MONACO--(Marketwired - Jun 28, 2017) - Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international
provider of marine drybulk transportation services, announced today that its Board of Directors has called an annual meeting of
the stockholders to be held on September 8, 2017, at 8:00 a.m. French local time at the Fairmont Hotel, 12 Avenue des Spélugues,
Monte Carlo, 98000 Monaco.
Stockholders of record at the close of business on July 10, 2017 will be entitled to receive notice of, and to vote at, the
annual meeting, or any adjournments or postponements thereof.
Formal notice of the meeting and/or the Company's proxy statement will be sent to stockholders of the Company in due
course.
About Safe Bulkers, Inc.
The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly
coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of marine drybulk transportation
services. The Company's common stock, series B preferred stock, series C preferred stock and series D preferred stock are listed
on the NYSE, and trade under the symbols "SB", "SB.PR.B", "SB.PR.C", and "SB.PR.D" respectively.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Exchange Act of 1933, as
amended, and in Section 21E of the Securities Act of 1934, as amended) concerning future events, the Company's growth strategy
and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words
such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates" and variations of such words and similar
expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in
such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct.
These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently
subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may
differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to
differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market
in which the Company operates, risks associated with operations outside the United States and other factors listed from time to
time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or
undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the
Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is
based.