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Press release content from Globe Newswire. The AP news staff was not involved in its creation. Global Ship Lease Reports Results for the Fourth Quarter of 2020 Global Ship Lease Inc.March 4, 2021 GMT LONDON, March 04, 2021 (GLOBE NEWSWIRE) Global Ship Lease, Inc. (NYSE:GSL) (the “Company,” “Global Ship Lease” or “GSL”), a containership charter owner, announced today its unaudited results for the three months and year ended December 31, 2020. Full Year 2020 and Year To Date 2021 Highlights - Reported operating revenue of $70.0 million for the fourth quarter 2020. Operating revenue for the year ended December 31, 2020 was $282.8 million. - Reported net income available to common shareholders of $10.8 million for the fourth quarter 2020 after $0.5 million premium paid on the redemption in December 2020 of $28.0 million of our 9.875% Senior Secured Notes due 2022 (“2022 Notes”), giving normalized net income(3) of $11.3 million. For the year ended December 31, 2020

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