2021 Financial Guidance

2020 Financial Highlights Consistent Strong Performance Through Adversity A Atlas 2019 2020 Revenue ($ millions) 1,131.5 1,421.1 Adjusted EBITDA* ($ millions) 714.3 923.8 Funds from Operations* (FFO) ($ millions) 375.3 622.3 FFO Per Share*, Diluted ($) 1.71 2.48 Earnings Per Share, Diluted ($) 1.67 0.50 Ending Liquidity ($ millions) 470.0 771.3 Seaspan Adjusted EBITDA* ($ millions) 714.3 795.5 Funds from Operations* (FFO) ($ millions) 375.3 596.7 Vessel Utilization (%) 98.9% 98.4% Operating Vessels (#) 117 127 Fleet Capacity (TEU '000) 956 1,073 Gross Contracted Cash Flow¹ ($ billions) 4.7 4.8 APR¹ Adjusted EBITDA* ($ millions) Funds from Operations* (FFO) ($ millions) 127.0 88.7 Power Fleet Utilization 74.0% 68.9% Gross Contracted Cash Flow² ($ billions) 0.3 For 2020*: Revenue increased by 25.6%³ FFO growth of 65.8%³ FFO growth of 45.0% per diluted share³ Total liquidity increased by 64.1%³ during 2020 to $771.3 million at year-end * See Appendix for reconciliations to the most directly comparable GAAP measure; FFO per Share represents Funds from Operations per diluted share 1. 2. 3. Seaspan gross contracted cash flow as at December 31, 2020 includes $3.9 billion of lease payments receivable from operating leases and $0.9 billion of minimum lease receivable from finance leases. Seaspan gross contracted cash flow as at December 31, 2019 includes $3.5 billion of lease payments receivable from operating leases and $1.2 billion of minimum lease receivable from financing leases. APR gross contracted cash flow as at December 31, 2020 includes $0.3 billion of lease payments receivable from operating leases Compared to 2019 31

View entire presentation