Slide 1: SFL Corporation Ltd. Q2 2026 Results Presentation
SFL Corporation Ltd. Q2 2026 Results Presentation 1
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Company’s re
Slide 3: Highlights
Highlights Q2’26 key highlights 90th consecutive quarterly dividend of $0.22 per share $201m1 $130m2 Operating revenue Adjusted EBITDA $201 million in operating revenues. Adjusted EBITDA of $130 million $34m $0.25 Net income of $34 million, or $0.25 per share Net Income Earnings per share $3.8 billi
Slide 4: Recent Events
Recent Events NEW PCTC • Three-year time charter contracts for two PCTC vessels CHARTERS • Added firm backlog of approximately $83 million NEWBUILDS • Four 7,000 CEU LNG Dual-Fuel PCTC newbuilds with deliveries in 2029 AND CHARTERS • Two vessels fixed 5 + 5 years from delivery adding minimum $150 mi
Slide 5: A Leading Maritime Infrastructure Company
A Leading Maritime Infrastructure Company Portfolio1 Contract duration2 Contracted revenue3 30 Container 7.1 years 10% Container 11 Car carrier 5.9 years 15% Tanker 5% $3.8bn Car carrier Energy 16 Tanker 3.5 years 69% 2 Energy 2.2 years 2 Dry bulk < 1 year Investment grade (IG) 65% 35% Not rated or
Slide 6: Adding Scale and Visibility to the Car Carrier Fleet
Adding Scale and Visibility to the Car Carrier Fleet 2027 2028 2029 2030 2031 2032 2033 2034 New Charterer Firm contract $578m Option Car carrier charter backlog1 New Charterer 5.9 years Weighted average duration2 4x New car carriers ordered Leading Asian Car Manufacturer $233m Firm backlog1 added N
Slide 7: Operational Performance Highlights
Operational Performance Highlights Market Charter type1 Operating days2 Utilization3 Revenue OPEX4 Q2 2026 Q2 2026 Q2 2026 Q2 2026 Q2 2026 BB $83m $19m TC 2,258 99.3% Container 91% $27m $5m 637 100% Car carrier 100% $62m $12m 1,453 99.8% Tanker 100% $3m $1m 181 99.4% Dry bulk 100% $24m $23m 91 50% E
Slide 8: SFL Financial Performance
SFL Financial Performance Adjusted EBITDA Q2 2026 Breakdown1 $24m $3m -$69m $62m $27m $199m $130m $83m Container Car carriers Tanker Dry bulk Energy Gross charter hire Net operating and Adj. EBITDA (incl. profit share) G&A expenses Notes: (1) Not as accounted under US GAAP and including cash flow in
Slide 9: Income Statement
Income Statement Operating Revenues (in thousands of $ except per share data) Three months ended June 30, 2026 Mar 31, 2026 • $201m of operating revenues • Vessel charter hire of $177m Charter revenues: operating leases and rig revenue contracts 191,383 171,574 Profit share income 2,152 1,323 • Rig
Slide 10: Balance Sheet
Balance Sheet Cash and Liquidity (in thousands of $) Jun 30, 2026 Mar 31, 2026 • $113m cash and cash equivalents at quarter end ASSETS • $160m of undrawn credit lines Short term Cash and cash equivalents 113,104 127,564 Investment in marketable securities 5,013 6,213 Financing and Capital Expenditur
Slide 11: SFL Corporation – Summary
SFL Corporation – Summary $3.8bn Fixed revenue backlog $273m Liquidity1 $0.22 Dividend per share Notes: (1) Cash and cash equivalents including undrawn lines 11