2020 Bulkers — Pareto Energy Conference 2024

4 slides from 2020 Bulkers's conference presentation, Apr 9, 2024

Slide 1: Updated illustrative FCF Sensitivity following asset sale and refinancing
2020 Bulkers Ltd. Updated illustrative FCF Sensitivity following asset sale and refinancing 9 April, 2024 |
Slide 2: Disclaimer
Disclaimer This presentation (the "Presentation") has been prepared by 2020 Bulkers Ltd. (the "Company") and is made April 9, 2024, solely for information purposes. The Presentation does not constitute any recommendation to buy, sell or otherwise transact with any securities issued by the Company. N
Slide 3: Illustrative free cash flow potential before and after asset sale and refinancing
Illustrative free cash flow potential before and after asset sale and refinancing 50 44 40 38 35 31 30 26 25 NOK per share 20 18 17 11 10 8 4 0 5 000 10 000 15 000 20 000 25 000 30 000 35 000 -1 -2 -10 Standard Cape rate FCF per share - prior to sale of 2 ships, former capital structure FCF per shar
Slide 4: Illustrative free cash flow yield potential before and after asset sale, refinancing and special dividend
Illustrative free cash flow yield potential before and after asset sale, refinancing and special dividend 35% 30% 29% 30% 25% 23% 24% 20% 19% 17% 15% 14% 11% 10% 8% 5% 5% 3% 0% 5 000 10 000 -1% 15 000 20 000 25 000 30 000 35 000 -2% -5% -7% -10% Illustrative FCF yield prior to sale of 2 ships Illust