Ocean Yield ASA — Q2 2025 Earnings Presentation
11 slides from Ocean Yield ASA's earnings presentation, Aug 19, 2025
Slide 1: Q2 2025 Presentation
Q2 2025 PRESENTATION 19th August 2025
Slide 2: Quarterly Highlights
QUARTERLY HIGHLIGHTS Continued strong financial results USD 101.1m USD 22.9m Adj. EBITDA Net profit Robust financial position 29.1% USD 98.7m Equity ratio Available liquidity Key financials High earnings visibility USD 4.3bn 9.9 years Adj. EBITDA backlog Average charter tenor Amendment of lease with
Slide 3: Fleet and Backlog Composition
FLEET AND BACKLOG COMPOSITION FLEET COMPOSITION EBITDA BACKLOG1 BY SEGMENT EBITDA BACKLOG1 BY CLIENT Crude 18 Oil service Others Other gas LNG 12 4% LNG Product & 7% 3% Chemical 25% 3% 23 % Container 10 9% 4% 6% Product / Chemical 8 USD 16 13% Containers 4.3bn 7% clients 13 % Dry bulk 8 24% 9% Oil-s
Slide 4: Minority Investment in 10x LNG Carriers on Long-Term Charters to IG Counterparties
MINORITY INVESTMENT IN 10X LNG CARRIERS ON LONG-TERM CHARTERS TO IG COUNTERPARTIES TRANSACTION HIGHLIGHTS SIMPLIFIED STRUCTURE CHART STRONG PARTNERS 10x KKR Ocean Yield LNG Carriers Majority Minority 2022-2026 KKR / OCY JV Built CapeOmega Knutsen 9/16 years Average contract duration excl/incl option
Slide 5: Portfolio Update
PORTFOLIO UPDATE DELIVERIES / CHARTERS OPTIONS EXERCISED VESSELS SOLD ▪ Zim Danube Nordic Galaxywas Nordic Moon and delivered from the were ▪ During and after quarter end, purchase ▪ Hafnia Aronaldo was delivered to its new delivered yard and and commenced commenced bareboat time seven-year options
Slide 6: Financial Snapshot
FINANCIAL SNAPSHOT ADJUSTED EBITDA1 Q2 2025 KEY FINANCIALS USD million 101.1 96.8 96.6 94.6 USD 57.5m USD 101.1m 91.6 87.4 86.5 88.2 86.9 82.8 79.0 73.6 77.0 EBITDA Adjusted EBITDA 68.4 USD 22.9m USD 0.0m Net profit Quarterly dividend USD 98.7m 29.1% Available liquidity Equity ratio Q1 Q2 Q3 Q4 Q1 Q
Slide 7: Income Statement
INCOME STATEMENT INCOME STATEMENT Q1 Q2 Amounts in USD million 2025 2025 Operating revenues 19.2 19.4 Finance lease revenues 30.7 34.4 Income from investments in associates 5.7 5.9 Other revenue 0.9 3.1 Total revenues and other income 56.6 62.7 Total operating expenses (5.2) (5.2) Depreciation (5.8)
Slide 8: Balance Sheet
BALANCE SHEET BALANCE SHEET Q1 Q2 Q1 Q2 Amounts in USD million 2025 2025 2025 2025 ASSETS EQUITY AND LIABILITIES Vessels and equipment 427 422 Common equity 661 679 Newbuildings 62 81 Hybrid capital 110 110 Investments in associates 312 313 Total equity 771 789 Finance lease receivables 1,035 1,085
Slide 9: Financing Initiatives During and After Quarter End
FINANCING INITIATIVES DURING AND AFTER QUARTER END ▪ Signed loan agreements for financing of one LR1 newbuilding that will commence long- During the term charter to Braskem quarter ▪ Signed loan agreement for financing of three Suezmax vessels on long-term charter to Nordic American Tankers ▪ Signed
Slide 10: Outlook
OUTLOOK Low portfolio risk, robust balance sheet and strong liquidity 1 makes Ocean Yield well positioned for further selective growth Continued growth through sale-leaseback transactions as well as 2 strategic investments with industry leading partners Strong access to capital at attractive cost in
Slide 11: Company Contacts
COMPANY CONTACTS: Andreas Røde, CEO +47 98 22 85 62 andreas.rode@oceanyield.no Eirik Eide, CFO +47 95 00 89 21 eirik.eide@oceanyield.no Karl Fredrik Schjøtt-Pedersen, SVP Finance & IR +47 95 13 23 35 karl.pedersen@oceanyield.no www.oceanyield.no/investor-relations