Algoma Central Corporation · TSX:ALC

Algoma Central — Investor Presentation (November 2022)

10 slides from Algoma Central's investor presentation, Nov 7, 2022

1. Slide 1: Company Background Presentation

   Company Background Presentation STRICTLY PRIVATE & CONFIDENTIAL November 7, 2022

2. 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

3. Slide 3: Algoma Central – Provider of Critical Maritime Infrastructure

   Algoma Central – Provider of Critical Maritime Infrastructure  Incorporated in 1899 as the Algoma Central Railway Company, Algoma Central Corporation (“Algoma” or the “Company”) owns and operates the largest fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway ‒ Leader i

4. Slide 4: Not Just Another Shipping Company – Why Algoma is Different

   Not Just Another Shipping Company – Why Algoma is Different Typical International Shipping Company Provider of service and assets necessary Asset provider (just steel) Business Model for customers’ supply chains Commoditized # of Market Participants Limited Highly fragmented Specialized to suit trad

5. Slide 5: Business Unit Overview

   Business Unit Overview Great Lakes, St. Lawrence Waterways, and Atlantic Canada International Niche Markets / Trades Domestic Dry-Bulk Domestic Product Tankers Ocean Self-Unloaders Global Short Sea Shipping  Dry-bulk products including iron ore,  Primarily semi-refined products  Coal, crushed agg

6. Slide 6: Specialized Asset Base – A Necessary Link in Supply Chains of Customers

   Specialized Asset Base – A Necessary Link in Supply Chains of Customers Lakes Lakes Domestic Product Ocean Specialized Cement Short & Deep Self-Unloader Gearless Bulker Tanker Self-Unloader Carrier Sea Mini-Bulker  Size: 23-37,000 dwt  Size: 31-39,000 dwt  Size: 11-18,500 dwt  Size: 45-76,000 dw

7. Slide 7: A Leader in the Great Lakes Market

   A Leader in the Great Lakes Market Proven track record and reputation as a leading Great Lakes provider that continuously delivers a high quality, reliable service to its customers Hard-to-Replicate Brand, Sticky, Long-Term 1 Asset Base and Business Model  Largest operator in the Great 2 Relationsh

8. Slide 8: Senior Management Team with Strong Commercial Knowledge and Valuable Customer Relationships

   Senior Management Team with Strong Commercial Knowledge and Valuable Customer Relationships Algoma’s Senior Team Gregg Ruhl Peter D. Winkley President and Executive Vice-President and Chief Executive Officer Chief Financial Officer Joined Algoma: 2015 Joined Algoma: 2010 Industry Experience: 34 year

9. Slide 9: A Diverse Set of Commodities Moves Through the Great Lakes Seaway System

   A Diverse Set of Commodities Moves Through the Great Lakes Seaway System Grain Iron, Ore Salt, Coal, Stone Stone Coal, Coke, Slag Commentary on Great Lakes-St. Lawrence River Waterway Great Lakes-St. Lawrence River Waterway Cargo Breakdown(1)  Grain for overseas markets including wheat, corn, soybe

10. Slide 10: Thank You

    Thank You

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