Capital Clean Energy Carriers Corp. · NASDAQ:CCEC
Capital Clean Energy Carriers — Q1 2026 Earnings Presentation
21 slides from Capital Clean Energy Carriers's earnings presentation, May 7, 2026
Slide 1: Q1 2026 Earnings Presentation
Q1 2026 EARNINGS PRESENTATION May 7, 2026 capitalcleanenergycarriers.com
Slide 2: Important Notice
Important Notice This presentation contains forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These statements can be identified by the fact that they do not relate only to historical or current facts. In particular, forward-looki
Slide 3: Q1 2026 Highlights
01 Q1 2026 Highlights www.capitalcleanenergycarriers.com
Slide 4: First Quarter 2026 Highlights
First Quarter 2026 Highlights • Completed a seven-year €250.0 million unsecured bonds offering at the ATHEX • Agreed to divest 49% stake in LNG/C Amore Mio I, forming a JV with BGN Group and securing 10-year time charter • Took delivery of our second LCO2/multi-gas carrier, the Amadeus • Brought for
Slide 5: Financials
02 Financials www.capitalcleanenergycarriers.com
Slide 6: Profit Statement – Highlights
Profit Statement – Highlights Key commentary For the Three-Month For the Three-Month Period Ended Period Ended Dividend per share $0.15 March 31 2026 March 31 2025 1 Revenues 98,009 102,037 maintained Expenses: Voyage expenses 6,157 1,068 Voyage operating expenses 19,566 14,001 Vessel operating expe
Slide 7: Special Survey update
Special Survey update No Special Surveys on Built LNG/C Special Survey Status LNG fleet until 2028 2020 Aristos I August 2025 -off-hire 21.3 days, Total cost $4.5m ($3.3m expensed & $1.2m Deferred) LNG carriers September 2025 –off hire 16.8 days, Total cost $4.5m All dual fuel 2021 174k cbm Aristidi
Slide 8: Balance Sheet – Highlights
Balance Sheet – Highlights Key commentary As at end As at end March 31, 2026 December 31, 2025 Assets Solid cash position of Current Assets 559,696 426,005 $546.4 million Fixed Assets 3,643,091 3,570,778 1 (including restricted cash) Other Non-Current Assets 90,923 98,331 Net Leverage Ratio of
Slide 9: CCEC Strategic Update
03 CCEC Strategic Update www.capitalcleanenergycarriers.com
Slide 10: Newbuilding Delivery Schedule Update for 2026
Newbuilding Delivery Schedule Update for 2026 ` April 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Row Title LNG/C Archimidis LNG/C Agamemnon LNG/C Alcaios I LNG/C Antaios I LCO2/multi-gas Amadeus ✓ MGC Aristogenis LCO2/multi-gas Alkimos MGC Aridaios MGC Aratos LCO2/multi-gas At
Slide 11: CCEC - LNG Time Charter Book
CCEC - LNG Time Charter Book Contracted backlog of 97 years at an average TCE of $86,4071, or ~$2.9bn of LNG/C charter revenue Backlog could increase to 136 years, or $4.3bn with all options exercised 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 Firm With Options Attalos 203
Slide 12: BGN Joint Venture — Multiple Strategic Benefits for CCEC
BGN Joint Venture — Multiple Strategic Benefits for CCEC Transaction Highlights Attractive Asset Pricing • Price paid for Amore Mio I secures current • Divestiture of 49% interest in LNG/C Amore valuations on CCEC fleet • CCEC retains controlling stake Mio I (2023-built) to a global energy trader •
Slide 13: CCEC Capital Expenditure Program
CCEC Capital Expenditure Program Newbuilding program financing well supported & brought forward LNG/Cs fully financed Million $3,300 3,013 $2,800 $2,300 ( 546 ) 176 ( 2,151 ) $1,800 ( 712 ) $1,300 $800 220 $300 -$200 Newbuilding Program Cash Capex paid 2021 Bond Repayment Debt Net Equity Inflow Note
Slide 14: LNG Market Update
04 LNG Market Update www.capitalcleanenergycarriers.com
Slide 15: LNG production mtpa: Qatar outage to have substantial impact
Qatar outage to have substantial impact >80% of Qatar LNG heads to Asia ~ 10% to Europe Structural outage but hard to gauge for how long 90 90 80 80 70 70 60 60 LNG production mtpa 50 50 40 40 30 30 20 20 10 10 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 Pre-war Shorter War Base Case Longe
Slide 16: Qatar LNG output reduction; Europe & Asia will compete to attract LNG
Qatar LNG output reduction; Europe & Asia will compete to attract LNG driving prices & freight higher Global LNG and Energy prices risen strongly Implications 40 Global Gas & Alternative Fuels ($/mmbtu) • JKM & TTF ~ from10-12 $/Mbtu to 20 35 Price $/MMbtu • JKM/TTF spread to 2 $/Mbtu Impacts • Henr
Slide 17: Energy security is now key - US LNG Supply will prove vital
Energy security is now key - US LNG Supply will prove vital Delivered volume of US LNG by destination region Tonne-mile demand for US LNG by destination region 300 250-330 ships 2,000,000 250 Replacement 1,800,000 1,600,000 200 1,400,000 mmtpa LNG Million tonne-miles 1,200,000 150 1,000,000 800,000
Slide 18: Scrapping potential higher with strong start to recycling in 2026
Scrapping potential higher with strong start to recycling in 2026 2025 was record year for scrapping Run rate already ahead of that for 2026 50 16 16 45 14 14 43 40 38 12 37 37 12 35 # of LNG vessels scrapped 15 Average age LNG/C scrapped 10 10 30 29 8 25 23 8 6 20 6 5 15 4 8 4 10 7 6 6 2 2 5 0 1 Ja
Slide 19: CCEC retains most open slots globally
CCEC retains most open slots globally CCEC still controls the lion's share in open committed newbuldings 35 30 25 20 15 10 5 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2023 2024 2025 2026 2027 2028 2029 2030 2031 Delivered / Contract
Slide 20: LNG Shipping Supply / Demand outlook
LNG Shipping Supply / Demand outlook LNG Shipping Supply & Demand ~ inflection point early 2028 assuming no action on fleet or Liquefaction growth 700 Assumptions – Qatar loses 30% of 80mtpa exports at 1.5x vessels per mt so 37.5 vessels for each 2026 2027 and 2028 609 600 No change to delivery sche
Slide 21: Thank You for Your Attention
Thank You for Your Attention www.capitalcleanenergycarriers.com
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