Ernst Russ AG Divests MV ‘EF Emira’ and Raises Full-Year 2026 Guidance in International Shipping News 25/05/2026 As previously announced via ad-hoc disclosure, Ernst Russ AG is raising its full-year EBIT guidance. The projected operating result (EBIT) is now expected in a range between EUR 45 m and 55 m (previously: EUR 34 m to 44 m). The expected revenues remain unchanged in a range of EUR 145 m to 160 m. The upward revision of the forecast results from the strategy-compliant sale of the 1,710 TEU container vessel MV “EF Emira”, built in 2008, which was also announced today. The handover of the vessel is expected to take place in the third quarter of 2026. The parties involved have agreed to maintain confidentiality regarding the purchase price and further details of the transaction. The revised forecast is further supported by the positive business performance in the current financial year 2026 and is based on predominantly already concluded charter agreements, a utilisation of the Ernst Russ Group’s fleet in line with planning of approximately 97%, an unchanged economic environment, as well as the assumption of an average exchange rate for the remaining financial year of USD/EUR 1.20. Further future vessel sales are not included in the revised forecast. The divestment of MV “EF Emira” is part of the consistent further development of the fleet portfolio of Hamburg-based shipowner Ernst Russ AG. The transaction deliberately creates headroom for modern, ESG-compliant tonnage with long-term employment and contributes to the rejuvenation of the fleet. Furthermore, Ernst Russ AG pursues a clear diversification strategy across various shipping segments, as demonstrated most recently by the acquisition of two multipurpose vessels and four intermediate-class tanker newbuildings. „The guidance upgrade reflects a strong operational start to 2026 and a strategically well-timed vessel sale. Together, both factors strengthen our earnings position and our capacity to pursue fur