Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting:The Notice and Proxy Statement is available at www.proxyvote.com T02193-P55005 TORO CORP. Proxy for
Annual Meeting of Shareholders on September 11, 2026 Solicited on Behalf of the Board of Directors The undersigned hereby appoints Petros Panagiotidis with full power of substitution and power to act alone, as proxy to vote all of the common
shares which the undersigned would be entitled to vote if personally present and acting at theAnnual Meeting of Shareholders of TORO CORP., to be held at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens,3036 Limassol, Cyprus, on
September 11, 2026 at 5:00 p.m. local time, and at any adjournments or postponements thereof. This proxy, when properly executed, will be voted in the manner directed herein. If no such direction is made, this proxy will be voted in accordance
with the Board of Directors’ recommendations. Continued and to be signed on reverse side