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Investor Presentaiton

33 34 International features large, growing markets FY19 DEMAND IN M TONNES 4.2 ASIA TO EUROPE FY21 3.6 2.7 FY25 TRANSPACIFIC TRANSATLANTIC Clear-eyed on the return of commercial capacity CAPACITY TO GRADUALLY RETURN THROUGH FY24 100 50 - PAX Capacity* Projections 2020 2021 2022 2023 2024 APAC to Americas - APAC to EU/MEISA EU/MEISA to Americas *Source: CSMA analysis, Seabury capacity data, Industry reports. Note: *Forecast from Q4 2021 onwards. Positioned to win key markets Transpacific market leader Competitive European offering Leverage Asia-Pacific strength into Europe Headwinds incorporated into our forecast 6/28/22 17
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