Dated November 21, 2019 Diamond S Shipping Inc. (a Republic of the Marshall Islands corporation) Up to 5,384,845 Common Shares UNDERWRITING AGREEMENTUnderwriting Agreement • November 22nd, 2019 • Diamond S Shipping Inc. • Transportation services • New York
The shareholders named in Schedule I hereto (the “Selling Shareholders”, and each a “Selling Shareholder”) propose to sell to Pareto Securities AS (the “Manager”) an aggregate of 4,682,474 common shares, par value $0.001 per share (the “Firm Shares”), of Diamond S Shipping Inc., a Republic of the Marshall Islands corporation (the “Company”). The Company was formed on November 14, 2018 as Athena SpinCo Inc. (“Athena SpinCo”) under the laws of the Republic of the Marshall Islands for the purpose of receiving, via contribution from Capital Product Partners L.P. (“CPLP”), CPLP’s crude and product tanker business (collectively, “Athena”). In connection therewith, the Company and DSS Holdings L.P. (“DSS LP”) completed a combination on March 27, 2019, whereby certain of DSS LP’s directly-owned subsidiaries merged with certain subsidiaries of the Company, with the Company being the surviving corporation in the merger.
