Slide 1: Company Background Presentation
August 2026 COMPANY BACKGROUND PRESENTATION
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: Algoma's Ownership Interests Total Vessels
Algoma’s Ownership Interests 105 Total Vessels + 10 Vessels Under Construction Tanker Self Unloader 8 100% owned, Cnd Flag (IOL) — 14100% owned, Cnd Flag 2 100% owned, Cnd Flag (Irving) 9 100% owned, Ocean Intl. 9 50% owned (FureBear) r 1.50% owned (NASC) 2 25% owned (SeaBear) 125% owned, Marbulk In
Slide 5: Marine Operations: Our Business Units
MARINE OPERATIONS OUR BUSINESS UNITS EBITDA TTM Q2 2026 Great Lakes, St. Lawrence International Niche 7% Seaway, and Atlantic Canada Markets/Trades 23% 35% 1. Domestic Dry-Bulk 1. Ocean Self-Unloaders Versatile fleet of dry-bulk Versatile fleet of self-unloading vessels comprising both self- dry-bul
Slide 6: 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 7: 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, • 14 self-unloaders and 9 gearless aggregates, cement supplemented by wintertime bulkers* charters. F
Slide 8: Business Unit Overview: International Fleet
BUSINESS UNIT OVERVIEW Niche global markets/trades INTERNATIONAL FLEET OCEAN SELF-UNLOADERS COMMODITIES CONTRACT TERMS FLEET • Aggregates, coal, gypsum, and • Primarily COA contracts with • 9 self-unloaders commercially managed as part of road salt annual escalation clauses the 19 vessel CSL Interna
Slide 9: 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: 19-36,000 dwt • Size: 25-36,000 dwt • Size: 11-37, 000 dwt (1) • Size: 40-80,000 dwt • Size
Slide 10: 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 with Base and Business Model Blue-Chip Customers • Largest (and oldest
Slide 11: Senior Management
SENIOR MANAGEMENT YEARS OF KNOWLEDGE & EXPERIENCE Gregg Ruhl Christopher Lazarz Wes Newton President & Chief Financial Officer Executive Vice-President, Chief Executive Officer Strategy & Business Development Joined Algoma: 2015 Joined Algoma: 2011 Joined Algoma: 2011 Industry Experience: 36 years I
Slide 12: Highly Skilled, Engaged & Trained Workforce
MOVING US FORWARD HIGHLY SKILLED, ENGAGED & TRAINED WORKFORCE Employs approximately 1,600 people globally 2026 Hamilton-Niagara’s Top Employer Industry leading employee retention Invests heavily in training and continuous improvement initiatives $4.8+ million invested in training for full-
Slide 13: 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 14: Thank You.
Thank You. ALGOMA CENTRAL CORPORATION 63 Church Street, Suite 600 St. Catharines, ON L2R 3C4 Canada +1 (905) 687-7888 | algonet.com