SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

MARTINGALE ASSET MANAGEMENT L P's Holding History (CIK: 0000936944)

Note: Option positions (PUT/CALL) are excluded.

Q4 2022

Shares 24,300 Value ($000) $71 Avg Close $2.77 Range $2.45 - $3.16

Q3 2022

Shares 99,082 Value ($000) $245 Avg Close $3.38 Range $2.35 - $4.04

Q2 2022

Shares 99,082 Value ($000) $379 Avg Close $4.27 Range $3.73 - $5.12

Q1 2022

Shares 64,895 Value ($000) $309 Avg Close $4.08 Range $3.02 - $4.88

Q4 2021

Shares 64,895 Value ($000) $245 Avg Close $4.08 Range $3.34 - $5.44

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2022	24,300	$71	$2.77	$2.45 - $3.16
Q3 2022	99,082	$245	$3.38	$2.35 - $4.04
Q2 2022	99,082	$379	$4.27	$3.73 - $5.12
Q1 2022	64,895	$309	$4.08	$3.02 - $4.88
Q4 2021	64,895	$245	$4.08	$3.34 - $5.44