Slide 1: Company Background Presentation
RENEW INNOVATE GROW AUGUST, 2024 COMPANY BACKGROUND PRESENTATION August 1, 2024
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation has been prepared by Algoma Central Corporation (the “Company”) and contains information pertaining to the business and operations of the Company. The information contained in this presentation: (a) is provided as at the date hereof, is subje
Slide 3: Algoma Central Corporation: A Critical Marine Transportation Provider
ALGOMA CENTRAL CORPORATION A CRITICAL MARINE TRANSPORATION PROVIDER Incorporated in 1899 as the Algoma Central Railway Company, Algoma Central Corporation (“Algoma” or the “Company”) today is a global provider of marine transportation that owns and operates dry and liquid bulk carriers, serving mark
Slide 4: Marine Operations: Our Business Units
MARINE OPERATIONS OUR BUSINESS UNITS SHARE OF EARNINGS TTM Q2 2024 Great Lakes, St. Lawrence International Niche Seaway, and Atlantic Canada Markets/Trades 23% 33% 1. Domestic Dry-Bulk 1. Ocean Self-Unloaders Versatile fleet of dry-bulk vessels Versatile fleet of self-unloading comprising both self-
Slide 5: Not Just Any Shipping Company: Why Algoma Is Different
NOT JUST ANY SHIPPING COMPANY WHY ALGOMA IS DIFFERENT Typical International Algoma Central Corporation Shipping Company Provider of service and assets necessary for Asset provider (just steel) or Operator (no steel) Business Model customers’ supply chains Commoditized Number of Market Limited Highly
Slide 6: Business Unit Overview: Canadian Fleet
BUSINESS UNIT OVERVIEW Great Lakes, St. Lawrence Seaway & Atlantic Canada CANADIAN FLEET DOMESTIC DRY-BULK COMMODITIES CONTRACT TERMS FLEET • Iron ore, grain, road salt, • Primarily long-term COA's, • 11 self-unloaders and 8 gearless aggregates, cement supplemented by wintertime bulkers* charters. F
Slide 7: Business Unit Overview: International Fleet
BUSINESS UNIT OVERVIEW Niche global markets/trades INTERNATIONAL FLEET OCEAN SELF-UNLOADERS COMMODITIES CONTRACT TERMS FLEET • Coal, aggregates, gypsum, and • Primarily COA contracts with • 8 ocean self-unloaders road salt annual escalation clauses commercially managed as part of the 18 vessel CSL I
Slide 8: Specialized Asset Base Essential to Our Customers' Supply Chains
SPECIALIZED ASSET BASE ESSENTIAL TO OUR CUSTOMERS’ SUPPLY CHAINS Great Lakes Great Lakes Ocean Pneumatic Short Sea Product Tanker Self-Unloader Gearless Bulker Self-Unloader Cement Carrier Mini-Bulker • Size: 23-37,000 dwt • Size: 31-39,000 dwt • Size: 11-18,500 dwt • Size: 45-76,000 dwt • Size: 4-1
Slide 9: Leader in the Great Lakes Market: The Marine Carrier of Choice
LEADER IN THE GREAT LAKES MARKET THE MARINE CARRIER OF CHOICE A leading Great Lakes provider with a proven track record for delivering high-quality, reliable service. Hard-to-Replicate Brand, Asset Sticky, Long-Term Relationships Base and Business Model with Blue-Chip Customers • Largest (and oldest
Slide 10: Senior Management: Years of Knowledge & Experience
SENIOR MANAGEMENT YEARS OF KNOWLEDGE & EXPERIENCE Gregg Ruhl Peter Winkley President & Executive Vice-President & Chief Executive Officer Chief Financial Officer Joined Algoma: 2015 Joined Algoma: 2010 Industry Experience: 36 years Industry Experience: 14 years Wes Newton Steve Wright Executive Vice
Slide 11: Moving Us Forward: Highly Skilled, Engaged & Trained Workforce
MOVING US FORWARD HIGHLY SKILLED, ENGAGED & TRAINED WORKFORCE Employs approximately 1600 people globally Employer of choice Industry leading employee retention Approximately 53% of its employee base has a tenure of more than 5 years Invests heavily in training and continuous improvement in
Slide 12: Diverse Set of Commodities: Great Lakes Seaway System
DIVERSE SET OF COMMODITIES GREAT LAKES SEAWAY SYSTEM • Grain for overseas markets including wheat, corn, soybeans, barley, canola, and oats • Dry bulk such as stone/gravel, sand, salt, cement, potash, and gypsum • Iron ore for the steel industry • Refined liquid petroleum products including gasoline
Slide 13: Thank You.
Thank You. ALGOMA CENTRAL CORPORATION 63 Church Street, Suite 600 St. Catharines, ON L2R 3C4 Canada +1 (905) 687-7888 | algonet.com