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Investor Presentaiton

85 75 51 125 115 105 95 Feb-13¬ Aug-13- Feb-14 Aug-14 Feb-15 135 Aug-15 Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19 Aug-19 Feb-20 Trade and Shipping Line Performance Normalization in the greater shipping sector continues as shipping lines observe both decreased cargo volumes and spot ocean freight rates. Shipping lines however continue to generate profits, and their performance in recent years has allowed them to significantly optimize their balance sheets, resulting in stable financial security for the near term. Blank sailings have been a continuous practice by the shipping lines to better manage capacity in correspondence with shipping cargo demand. 1.8 1.7 1.6 1.5 1.4 1.3 1.2 1.1 1.0 Container throughput index¹ Seasonally adjusted (2015 = 100) Aug-20 Feb-21 Aug-21 Feb-22 Aug-22 Feb-23 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 1) The RWI/ISL container throughput index reflects the amount of container cargo handled by a selection of 94 international ports, representing 64% of global container traffic. 2) 123 The inventories-to-sales ratio from the US Census Bureau serves as an indications of the number of months of inventory that areon hand in relation to the sales for a month. 3) The Freight Baltic Container Index (FBX) reflects the container spot rates on 12 trade lanes, covering 80% of global container trade. Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Feb-13 Aug-13 Feb-14 Aug-14 US retail inventory-to-sales ratio² t X Feb-15 Aug-15 Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19 Aug-19 Feb-20 Aug-20 Feb-21 FBX freight rate index³ Jul-22 Oct-22 Aug-21 Jan-23 Feb-22 Aug-22 Apr-23 Feb-23 Oct-21 Jan-22 Apr-22 16
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