STOCK PURCHASE PLANStock Purchase Plan • December 15th, 2014 • Vorini Holdings Inc. • Deep sea foreign transportation of freight • New York
This Stock Purchase Plan (the “Purchase Plan”) is entered into on November 7, 2014, by and between Morgan Stanley Smith Barney LLC, (“MSSB”) and Akamas Maritime Inc. (the “Purchaser”) for the purchase of shares of common stock (the “Stock”) issued by Safe Bulkers Inc. (ticker: SB) (the “Company”) to complying with the provisions of Rule 10b5-1 (“Rule 10b5-1”) and Rule 10b-18 (“Rule 10b-18”) under the Securities Exchange Act of 1934 on a “not held” basis.
