Transformational Performance and Growth

Opportunity for Lessor Consolidation The fragmented landscape leaves significant room and benefit for consolidation Other, 51% 1. Containership Lessor Market Share¹ seaspan, 10% Peter Dohle/Hammonia, 3% Opportunity for Consolidation seaspan Shoei Kisen, 5% Costamare, 5% BoCom Leasing, 4% Zodiac Maritime, 4% Danaos, 4% Minsheng Financial Leasing, Eastern Pacific Shipping,4% Offen, Claus Peter, 3% □ Economies of scale and barriers to entry Access to financing Customer relationships Scale of service □ Larger, more diverse fleet provides significant benefits □ Improved credit profile and cost of capital SFL Corp, 3% Alphaliner Monthly Monitor - February 2021; excludes vessels under construction 18

View entire presentation