X0306 4 2019-11-25 0 0001761940 Diamond S Shipping Inc. DSSI 0001598061 WLR Recovery Fund V DSS AIV, L.P. C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001597969 WLR Select Co-Investment, L.P. C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001431792 WLR/GS Master Co-Investment, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001598089 WLR Recovery Associates V DSS AIV, L.P. C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001598124 WLR Recovery Associates V DSS AIV GP, Ltd. C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001598077 WLR Select Associates DSS, L.P. C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001598065 WLR Select Associates DSS GP, Ltd. C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001431793 WLR Master Co-Investment GP LLC C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 Common Stock 2019-11-25 4 S 0 660870 13.475 D 9039260 I See footnotes Represents 5,293,173 shares held directly by WLR Recovery Fund IV DSS AIV, L.P., 1,210,633 shares held directly by WLR Recovery Fund V DSS AIV, L.P., 1,807,852 shares held directly by WLR Select Co-Investment, L.P., 696,626 shares held directly by WLR/GS Master Co-Investment, L.P., 19,605 common shares held directly by WLR IV Parallel ESC, L.P. and 11,371 shares held directly by WLR V Parallel ESC, L.P. (collectively, the "WLR Investors"). WLR Recovery Associates IV DSS AIV GP, Ltd. is the general partner of WLR Recovery Associates IV DSS AIV, L.P., which in turn is the general partner of WLR Recovery Fund IV DSS AIV, L.P. WLR Recovery Associates V DSS AIV GP, Ltd. is the general partner of WLR Recovery Associates V DSS AIV, L.P., which in turn is the general partner of WLR Recovery Fund V DSS AIV, L.P. WLR Select Associates DSS GP, Ltd. is the general partner of WLR Select Associates DSS, L.P., which in turn is the general partner of WLR Select Co-Investment, L.P. WLR Master Co-Investment GP, LLC is the general partner of WLR/GS Master Co-Investment, L.P. Invesco Private Capital, Inc. is the managing member of INVESCO WLR IV Associates LLC, which is the general partner of WLR IV Parallel ESC, L.P. Invesco Private Capital, Inc. is the managing member of INVESCO WLR V Associates LLC, which is the general partner of WLR V Parallel ESC, L.P. WL Ross & Co. LLC serves as the investment manager to each of the WLR Investors. Due to the limitations of the SEC's electronic filing system, each of WLR Recovery Fund IV DSS AIV, L.P., WLR IV Parallel ESC, L.P., WLR V Parallel ESC, L.P., WLR Recovery Associates IV DSS AIV, L.P., WLR Recovery Associates IV DSS AIV GP, Ltd., INVESCO WLR IV Associates LLC, INVESCO WLR V Associates LLC, Invesco Private Capital, Inc. and WL Ross & Co. LLC have filed a separate Form 4 disclosing ownership of the shares reported herein. WLR Recovery Fund V DSS AIV, L.P., By: WLR Recovery Associates V DSS AIV, L.P., its General Partner, By: WLR Recovery Associates V DSS AIV GP, Ltd., its General Partner, By: /s/ Stephen Toy, Name: Stephen Toy, Title: Director 2019-11-27 WLR Select Co-Investment, L.P., By: WLR Select Associates DSS, L.P., its General Partner, By: WLR Select Associates DSS GP, Ltd., its General Partner, By: /s/ Stephen Toy, Name: Stephen Toy, Title: Director 2019-11-27 WLR/GS Master Co-Investment, L.P., By: WLR Master Co-Investment GP, LLC, its general partner, By: /s/ Lee Phegley, Name: Lee Phegley, Title: Authorized Signatory 2019-11-27 WLR Recovery Associates V DSS AIV, L.P., By: WLR Recovery Associates V DSS AIV GP, Ltd., its General Partner, By: /s/ Stephen Toy, Name: Stephen Toy, Title: Director 2019-11-27 WLR Recovery Associates V DSS AIV GP, Ltd., By: /s/ Stephen Toy, Name: Stephen Toy, Title: Director 2019-11-27 WLR Select Associates DSS, L.P., By: WLR Select Associates DSS GP, Ltd., its General Partner, By: /s/ Stephen Toy, Name: Stephen Toy, Title: Director 2019-11-27 WLR Select Associates DSS GP, Ltd., By: /s/ Stephen Toy, Name: Stephen Toy, Title: Director 2019-11-27 WLR Master Co-Investment GP, LLC, By: /s/ Lee Phegley, Name: Lee Phegley, Title: Authorized Signatory 2019-11-27