Vantage Corp Further Expands Asia-Pacific Presence with Two Additional LOIs to Acquire a Hong Kong and Mainland China-Based Shipbroking Firm

Vantage Corp (NYSE:VNTG) ("Vantage" or the "Company"), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, announced that its wholly-owned subsidiary, Vantage (BVI) Corporation, has signed two additional non-binding Letters of Intent (LOI) to acquire a Hong Kong and Mainland China-based firm specializing in shipbroking and maritime services.

Following the recently announced planned acquisition of a Singapore-based shipbroking company, these two new LOIs represent the Company's first formal step toward establishing an operational hub in the Greater China region. This move reflects Vantage Corp's strategic vision to create a tri-hub model across three key maritime centers in Southeast Asia (namely Singapore, Hong Kong, and Mainland China), firmly positioning it at the core of the region's most vital shipping and trade corridors. These latest LOIs align with the Company's broader growth strategy, which focuses on acquiring established shipbroking firms to expand into new geographic markets while simultaneously strengthening its operational capabilities and service offerings.

"These planned strategic acquisitions mark a significant milestone in our long-term strategy as we expand into key maritime markets in Southeast Asia," said Vantage Corp CEO Andresian D'Rozario. "Establishing a presence in the Greater China region is a critical step toward realizing our vision of a tri-hub operational model across Asia, anchored in Singapore, Hong Kong, and Mainland China. This move not only strengthens our geographic footprint but also positions us to better serve our global client base across key trade routes. By integrating our expanding Asia operations with our growing and scaling presence in the Middle East, we are creating a unified and scalable business that enhances operational efficiency, deepens market penetration, and enables us to capture synergies across regions. Looking ahead, M&A will continue to remain central to our strategy, with plans to enter the United States and European market."

Each LOI outlines a framework for the potential acquisition of the respective companies, subject to the completion of customary due diligence, regulatory approvals, and the execution of definitive agreements. In line with Vantage (BVI) Corporation's confidentiality obligations, further details will be disclosed upon finalization of definitive agreements.

About Vantage Corp

Founded in 2012 by five seasoned shipbrokers, Vantage Corp provides comprehensive shipbroking services, including operational support and consultancy services, in the tanker markets, covering clean petroleum products ("CPP") and petrochemicals, dirty petroleum products ("DPP"), biofuels and vegetable oils. Vantage Corp also has a sales & projects team, a research/strategy team and an IT team. Vantage over the years has emerged as a trusted intermediary and a pivotal ink between oil companies, traders, shipowners, and commercial managers, ensuring smooth logistical flow for cargo deliveries to timely demurrage and claims settlements. Through its 100%-owned subsidiary Vantage (BVI) Corporation, Vantage Corp operates a growing network of regional subsidiaries, including Vantage Shipbrokers Pte Ltd (Singapore) and Vantage Nexus Commercial Brokers Co., L.L.C (UAE). Vantage Corp listed on the NYSE American on June 12, 2025.

For more information, visit https://www.vantageshipbrokers.com/.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the intended use of the proceeds. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate", "estimate", "expect", "project", "plan", "intend", "believe", "may", "will", "should", "can have", "likely" and other words and terms of similar meaning. Forward-looking statements represent Vantage's current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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Investor Relations

John Yi and Steven Shinmachi

Gateway Group, Inc.

949-574-3860

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