Investor Presentaiton

millions Dorian LPG is a Leader in Fuel Efficiency Average Fuel Consumption by Vessel Profile¹ 65 63.0 60.0 60 58.5 57.3 55 MT / day 854 25 50 45.0 41.0 40 35 49.5 46.5 54.0 48.0 Korean ECO Chinese ECO HHI Modern DSME Modern Japanese Legacy Dorian LPG's Fleet Composition 19 Korean-built fuel-efficient ECO VLGCS with an avg. age of 5.1 years Three HHI-built Non-Eco built VLGCs with an avg. age of 13.0 years ECO fuel-efficient vessels offer a substantial earnings advantage relative to older tonnage ■Laden Ballast Estimated Annual Fuel Cost by Vessel Profile 1,2 $7.0 $6.1 $5.9 $6.0 $5.0 $4.3 $4.0 1 $3.3 $3.0 $4.8 $3.6 $2.4 $5.1 $3.9 $2.6 $4.6 $4.4 $3.1 $3.0 $2.2 $2.0 $1.0 - I Korean ECO Chinese ECO HHI Modern DSME Modern Japanese Legacy $200 / MT ■ $300 / MT ■ $400 / MT Source: Dorian LPG management estimates 1. 2. ECO denotes vessels built after 2014; Modern denotes vessels built 2006-2013, legacy denotes vessels built in the early 2000s Basis Ras Tanura to Chiba: 16kt speed ballast and laden; 36.6 sailing days roundtrip, split evenly ballast and laden; 252 days/year; Japanese vessels sail 15kt laden, 37.9 sailing days roundtrip 8

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