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Algoma Central : 2nd Quarter – 2026 (2026 Q2 Financial Results Algoma Central Corporation)
Algoma Central : 2nd Quarter – 2026 (2026 Q2 Financial Results Algoma Central

About this update from Algoma Central Corporation
ALGOMA CENTRAL CORPORATION 2026 INTERIM REPORT TO SHAREHOLDERS For the Three and Six Months Ended June 30, 2026 and 2025 TABLE OF CONTENTS General 1 Business Profile 1 Important Information About This MD&A 1 Select Financial and Operational Highlights 3 Business Segment Discussion Domestic Dry-Bulk 5 Product Tankers 6 Ocean Self-Unloaders 7 Global Short Sea Shipping 8 Corporate 10 Consolidated 10 Contingencies 11 Capital Resources 11 Financial Condition, Liquidity and Capital Resources 11 Normal Course Issuer Bid 12 Commitments 12 Disclosure Controls and Procedures and Internal Controls over Financial Reporting 12 Adoption of New and Amended Accounting Pronouncements 13 Accounting Pronouncements Issued But Not Yet Effective 13 Notice of Disclosure of No Audit Review 14 Interim Condensed Consolidated Statement of Earnings (Loss) 15 Interim Condensed Consolidated Statement of Comprehensive Earnings (Loss) 15 Interim Condensed Consolidated Balance Sheet 16 Interim Condensed Consolidated Statement of Changes in Equity 17 Interim Condensed Consolidated Statement of Cash Flows 18 Notes to the Interim Condensed Consolidated Financial Statements 19 General This Management's Discussion and Analysis ("MD&A") of the Company should be read in conjunction with its Interim Condensed Consolidated Financial Statements for the three and six months ended June 30, 2026 and 2025 and related notes thereto and has been prepared as at August 6, 2026. This MD&A has been prepared by reference to the disclosure requirements established under National Instrument 51-102 "Continuous Disclosure Obligations" of the Canadian Securities Administrators. Additional information on the Company, including its 2025 Annual Information Form, is available on SEDAR's website at https://www.sedarplus.ca and on the Company's website at https://www.algonet.com. Business Profile Algoma Central Corporation owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Seaway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. Algoma also owns and operates ocean-going self-unloading dry-bulk vessels trading in international markets and holds interests in global joint ventures that own diversified portfolios of dry and liquid bulk fleets operating internationally. Across the global fleet, Algoma ho...
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