STAR BULK CARRIERS CORP.

Ticker: SBLK CUSIP: Y8162K204 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q3 2025

Shares 10,205 Value ($000) $190 Avg Close $18.84 Range $16.91 - $19.99

Q1 2025

Shares 33,956 Value ($000) $528 Avg Close $15.60 Range $14.30 - $17.34

Q2 2024

Shares 147,103 Value ($000) $3,586 Avg Close $24.86 Range $22.82 - $27.47

Q4 2023

Shares 17,159 Value ($000) $365 Avg Close $19.71 Range $17.91 - $22.09

Q1 2022

Shares 8,125 Value ($000) $241 Avg Close $26.15 Range $18.70 - $32.00

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	10,205	$190	$18.84	$16.91 - $19.99
Q1 2025	33,956	$528	$15.60	$14.30 - $17.34
Q2 2024	147,103	$3,586	$24.86	$22.82 - $27.47
Q4 2023	17,159	$365	$19.71	$17.91 - $22.09
Q1 2022	8,125	$241	$26.15	$18.70 - $32.00