Investor Presentaiton

Conclusion " Q1 2023 delivered stable performance, highlighting the resiliency of our lease rental income in this traditionally slower part of the year. Capex deployment has remained minimal following two years of surging container demand, but we are optimistic that the market environment will start showing positive momentum as we approach traditional summer peak season. Our utilization remains strong at 98.8% and is expected to remain elevated for the coming quarters. In light of current limited capex opportunities, we remain focused on optimizing capital allocation and operational efficiency, with a particular focus on lease renewals and disposal of older sales age containers. Fixed-rate and hedged debt represents 91% of total debt with an average tenor of 5.8 years. We continued to opportunistically pay down the unhedged portion of our debt. Declared a $0.30 per common share dividend, payable on June 15, 2023. Declared a dividend on both 7.00% Series A and 6.25% Series B preferred shares, payable on June 15, 2023. Repurchased common shares totaling 1.3 million shares, or over $41 million during 1Q23. Since commencing our share repurchase program in September of 2019, we have repurchased 16.9 million shares in total. At the end of 1Q23, the remaining authority under the repurchase program stood at $81 million. Capital returns to shareholders by way of common dividends and buybacks in the quarter amounted to 102% of adjusted net income. tex tex tex 124 t X 227 goooOD TEX 12415 tex TEXU 3247185 GB 2210 tex 11⭑ W 000 18

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