Investor Presentaiton

Specialized Asset Base - A Necessary Link in Supply Chains of Customers Lakes Self-Unloader Lakes Gearless Bulker Domestic Product Tanker Ocean Self-Unloader Specialized Cement Carrier ENTR WOW.CORPO ATION Short & Deep Sea Mini-Bulker SCER MARLEEN SIDE MARLEE Key Features Principal Trades Size: 23-37,000 dwt Discharge cargo using on-board equipment; does not require port infrastructure Can discharge directly to stockpiles or storage facilities ■ Cargo in holds emptied onto conveyor belt and out on a mounted boom Size: 31-39,000 dwt Maximum size that can effectively navigate the Great Lakes region (max LOA of 740 ft) ■ Size: 11-18,500 dwt ■ Size: 45-76,000 dwt ■ ■ IMO II ice-class product tankers Smaller size vessels, well-suited to needs of regional trade ■ Specialized crews that meet qualifications required ■Inter-refinery movement of partially refined products ■ Purpose built to maximize cargo capacity through Seaway (dry bulk only) Canadian flagged vessels that require Canadian crews ■ Pilots required to navigate Great Lakes waterways; Algoma has its own Road salt, aggregates and other construction materials Iron ore and coal for steelmaking Grain for domestic milling Grains from Lakehead to elevators on the lower St. Lawrence for transshipment to global markets Iron ore from U.S. mid-west to the Gulf of St. Lawrence ports for export Cargoes include a variety of refined petroleum products and can also include crude oil The vessels are capable of and occasionally carry non-petroleum based chemicals Larger, specialized vessels offering exceptional versatility and efficiency Can operate and discharge cargo in any accessible waterway Reduces infrastructure and labour requirements Competitive solution that results in customer stickiness Commodities moved include aggregates, stone, gypsum, and thermal coal Construction products into US, Caribbean markets, and Canada Coal into same markets ex-US Size: 4-15,000 dwt (1) Utilize a specialized pneumatic pump system to load and discharge cement powder in an efficient and environmentally responsible manner ■ Largest and youngest fleet of pneumatic cement carriers in the world ■ Generally smaller and well suited to regional or hub-and- spoke trades Great Lakes, St. Lawrence River and East Coast South East Asia; Mediterranean; Caribbean and Baltic Other Global markets Size: 6-15,000 dwt ■ Generally equipped with cranes and grabs for unloading and designed to maximize cargo capacity in ports with draft and other port/dock restrictions 2 of 6 contracted new build vessels have been delivered (remainder through end of 2021), which will provide significant speed, capacity and fuel efficiency advantages versus competing assets Vessels trade principally in Europe and on East Coast of North and South America Also support agricultural, energy, construction and steel industries worldwide 16 (1) One cement carrier with a capacity of 27,000 dwt. Your Marine Carrier of Choice T

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