For Lunasol Polaris the year 2025 was defined by measurable growth, disciplined investment, and progress towards our long-term vision.

Over the year we have realized:

• 1 new investment
• 2 deliveries of previously ordered newbuildings
• 2 exits

Additions to our portfolio

• Soundmar (new-build Coastal Bulker – delivered in January)
• Luna Discovery (Bulk Carrier – delivered in November)
• Beltmar (new-build Coastal Bulker – delivered in November)

Exits

• Italida (Bulk Carrier – delivered to new owners in July)
• Munksund (Container Feeder – delivered to new owners in November)

Team

We welcomed Marc Goethals as our Head of Administration.

As Lunasol Polaris looks ahead to 2026, the company remains committed to its investors, with a strong focus on portfolio excellence and selective new additions to a solid base.