Notes: March 20, 2019 -- Global Ship Lease, Inc. announced today that its board of directors has determined to effect a one-for-eight reverse stock split of the Company's Class A common shares. The Company's shareholders approved a reverse stock split at the Company's special meeting of shareholders held on March 20, 2019. The reverse stock split will take effect, and the Company's Class A common shares will begin trading on a split-adjusted basis on the New York Stock Exchange, as of the opening of trading on or about March 25, 2019. The CUSIP number of Y27183 600 will be assigned to the Company's Class A common shares when the reverse stock split becomes effective. When the reverse stock split becomes effective, every eight of the Company's issued Class A common shares will be combined into one issued Class A common share, without any change to the par value per share. This will reduce the number of outstanding Class A common shares from approximately 79.5 million shares to approximately 9.9 million shares.