MPC Container Ships ASA

Capital/Financing Update • Dec 13, 2022

COMMERCIAL AGREEMENTS AND VESSEL SALES TRANSACTION DETAILS

TRANSACTION STRUCTURES AND NET CONSIDERATION

CARPATHIA

• » Commercial agreement for early redelivery, completed in December 2022
• » Sale expected to be completed in December 2022

AS CLEOPATRA

» Sale expected to be completed in January 2023

AS CARLOTTA

• » Commercial agreement for early delivery expected to be completed in January 2023
• » Following redelivery, the vessel will be open for new charters and remain fully owned and operated by MPCC

EVENT-DRIVEN DISTRIBUTION

» Board intends to declare an event-driven distribution of USD 0.07 per share, payable in February 2023, subject to successful completion of the transactions