Investor Presentaiton

- Quarter Ending September 30, 2020 – Earnings Highlights • VLGC Rates / Utilization Fleet TCE / Operating Day of $26,015/day • Fleet Utilization of 97.4% Operating Expenses Adjusted Net Income • • Fleet Opex (reported) of $10,591 / day Fleet Opex (ex-drydock) of $9,613/day • Adjusted Net Loss of $(3.4)mm or $(0.07) / diluted share Adjusted EBITDA Vessel Repurchase • Adjusted EBITDA of $22.3mm Repurchased Captain John NP for $18.3mm in cash, applying $26.6mm deposit in October 25

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