Investor Presentaiton

3 FULLY CONTRACTED NEWBUILD FLEET TO DRIVE CASH FLOW GROWTH LTM ADJUSTED EBITDA ($M) AND NUMBER OF NEWBUILD DELIVERIES DURING THE PERIOD $500 $400 $356 $300 $200 $100 $448 3 $461 2 7 Newbuild X-DF vessels 5 $470 delivered during Q1 2018 - Q2 2020 3 3 2 1 0 50 $0 0 2017 2018 2019 Q2 2020 LTM Adjusted EBITDA Newbuild Deliveries October 2020 | Investor Presentation 0 Uncommitted newbuilds delivering Q3 2020 - Q3 2021 11

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