Investor Presentaiton

Global Seaborne LPG Volumes Remain Healthy Global Liftings Down Slightly by 3% Y/Y 120 110 100 95.1 92.5 90.6 90 85.4 580 75.1 70 60 50 40 2014 2015 2016 2017 2018 U.S. Waterborne Exports Up by 15% Y/Y MT NNW WA 40 35 32.7 29.5 30 25.3 25 20.5 20 13.8 15 10 5 39.7 2014 2015 2016 2017 2018 2019 Source: IHS Waterborne Note: YTD values shown through September 30, 2020 33.3 MT 2020 109.1 YTD 79.7 MT 81.9 MT -3% 2019 YTD 2019 Arabian Gulf Waterborne Exports Down by 10% Y/Y 2020 YTD 40 + 15% MT M 36.7 34.8 35 30 39.2 39.7 39.0 36.7 28.8 MT 2019 25 YTD 2014 2015 2016 2017 2018 2019 2020 YTD 27.3 MT -10% 30.3 MT 2019 YTD 11

View entire presentation