Taylor Maritime Limited · LSE:TMI
Taylor Maritime — Q3 FY25 Earnings Presentation
11 slides from Taylor Maritime's earnings presentation, Jan 22, 2026
Slide 1: Q3 FY25 Trading Update
Q3 FY25 Trading Update 22 January 2026 Strictly Private and Confidential
Slide 2: Disclaimer
Strictly Private & Confidential Disclaimer Important disclosures - NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES (SAVE AS PROVIDED HEREIN), AUSTRALIA, SOUTH AFRICA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLA
Slide 3: Third Quarter Review – Highlights
Strictly Private & Confidential Third Quarter Review – Highlights Forthcoming $150m distribution to shareholders comprising proposed $143.4m compulsory redemption and 2 cents per Ordinary Share quarterly dividend Operating Performance Capital Allocation Portfolio • Net charter revenue for the period
Slide 4: Third Quarter Review – Charter Market
Strictly Private & Confidential Third Quarter Review – Charter Market The Baltic Supramax Index (BSI) and the Baltic Handysize Index (BHSI) hit 21-month highs in September and October, respectively, with rates remaining at elevated levels before the typical holiday softening from mid-December onward
Slide 5: Third Quarter Review – Portfolio Deployment for the Fleet
Strictly Private & Confidential Third Quarter Review – Portfolio Deployment for the Fleet Fleet Time Charter Equivalent (“TCE”) for the quarter averaged $14,177 per day Est. TCE per day* at quarter end ($) Forward Coverage – Financial Year 2025** Forward Coverage TCE Earnings: $13,771 per day 7% 7%
Slide 6: Cumulative Returns Since IPO
Strictly Private & Confidential Cumulative Returns Since IPO Taylor Maritime set out to provide investors with an attractive level of regular, stable and growing income and the potential for capital growth • If the proposed Compulsory Redemption is approved by shareholders, $0.86 per share will have
Slide 7: Cash Breakeven Overview for Q3 FY2025
Strictly Private & Confidential Cash Breakeven Overview for Q3 FY2025 Fleet Breakeven Analysis for Q3 FY25 ($ per ship, per day) $22,000 $20,753 $20,000 $17,674 $18,000 $16,000 $14,000 $3,320 $13,391 $12,000 $652 $10,000 $700 $3,359 ($277) $8,000 $6,000 $5,637 $4,000 $2,000 $0 Opex G&A DD Reserves N
Slide 8: Outlook – Demand Fundamentals
Strictly Private & Confidential Outlook – Demand Fundamentals Clarksons forecast moderate combined grain and minor bulk demand growth in 2026 given elevated dry bulk stockpiles in China with structural challenges facing the Chinese economy 2026F Minor Bulk Volumes Year-on-Year Growth (million tonnes
Slide 9: Outlook – Supply Fundamentals
Strictly Private & Confidential Outlook – Supply Fundamentals 9.7% of the current Handysize fleet and 5.3% of the current Supra/Ultramax fleet are 25 years or older Commentary Geared dry bulk supply development (dwt m) ◼ Fleet growth forecasts reasonable by historical standards: net fleet growth for
Slide 10: Strategic Priorities
Strictly Private & Confidential Strategic Priorities TML maintains strong conviction in the medium-term investment opportunity set SHORT-TERM FOCUS: ◼ Consider strategic options, including further potential capital returns, in close dialogue with shareholders ◼ Continue to streamline operations and
Slide 11: Questions
Strictly Private & Confidential Questions Strictly Private and Confidential