MPC Container Ships ASA

Investor Presentation • Aug 26, 2025

Q2 2025 EARNINGS CALL

Constantin Baack, CEO Moritz Fuhrmann, Co-CEO and CFO

AGENDA

01 HIGHLIGHTS

02 MARKET UPDATE

03 COMPANY OUTLOOK

EXECUTIVE SUMMARY HIGHLIGHTS

Q2 HIGHLIGHTS:

• » Strong backlog with 100% of open days covered in 2025, 89% in 2026 and 34% in 2027
• » Quarterly dividend of USD 0.05 per share, corresponds to 50% of adjusted net profit which is in the high end of the range in new distribution policy range
• » Delivery of second dual-fuel newbuilding and handed over six of the vessels sold in Q1 to new owners, with one additional handed over in August
• » Heightened volatility from geopolitical and policy shifts, yet asset values and charter rates remained strong, supported by tight vessel supply

SUBSEQUENT EVENTS:

• » Ordered four 4,500 TEU newbuilds with delivery from H2 2027, in addition to securing 3-year charters with top-tier liner
• » Secured USD 100m in new debt facilities
• » Divested 3 non-strategic 1,300 TEU vessels, of which one has already been delivered

Q2 2025 ADJUSTED EBITDA USD 80.7m

Q2 2025 DIVIDENDS PER SHARE USD 0.05

FINANCIAL AND OPERATIONAL PERFORMANCE

		PROFIT OR LOSS					FINANCIAL KPIs
		Q2 2025	Q1 2025	Q2 2024			Q2 2025	Q1 2025	Q2 2024
Gross Revenues	USD m	137.9	127.1	130.9	Adj. EPS	USD	0.11	0.11	0.13
Adj. EBITDA	USD m	80.7	66.2	78.0	DPS	USD	0.05	0.08	0.10
Adj. Net Profit	USD m	48.6	48.2	58.4	Op. Cash Flow	USD m	78.3	75.4	81.6
		BALANCE SHEET					OPERATIONAL KPIs
		Q2 2025	Q1 2025	Q2 2024			Q2 2025	Q1 2025	Q2 2024
Total assets	USD m	1,451	1,345	1,008	Adj. Average OPEX1	USD/day	7,707	6,992	7,545
Net Debt (net cash)	USD m	129	207	(2.2)	Adj. Average TCE	USD/day	26,247	25,441	26,742

OPERATIONAL HIGHLIGHTS YTD 2025

CHARTERING

• » Container market continues to be highly supportive, with sustained strong demand for feeder tonnage
• » This positive environment is well reflected in our recent fixtures
• » Leading to near-full term coverage through the end of 2026

OPERATIONS & PROJECTS

• » NCL Nordland delivered in Q2 2025
• » Successful handover of seven vessels sold in Q1 2025
• » Three further vessels sold for USD 33.2m with handover expected during Q3/Q4 2025 ¹
• » Acquired remaining 50% in the JV, owning the NB AS Friederike for delivery in Q2 2026

FIXTURES DIVESTMENTS

#	DATE	VESSEL	TEU	BUILT	GROSS PRICE (USD)	HANDOVER STATUS
1	Mar 25	AS Fabiana	1,300	2007	21.8m
2	Mar 25	AS Franziska	1,300	2005	en bloc
3	Mar 25	AS Fabrizia	1,300	2008
4	Mar 25	AS Filippa	1,300	2008
5	Mar 25	AS Floriana	1,300	2008	72.0m en bloc
6	Mar 25	AS Alexandria	2,000	2010
7	Mar 25	AS Anita	2,000	2010
8	Jul 25	AS Felicia	1,300	2006		Q3/Q4 25
9	Jul 25	AS Floretta	1,300	2007	33.2m en bloc	Q3/Q4 25
10	Jul 25	AS Fiorella 1	1,300	2007

#	DATE	VESSEL	TEU	CHARTERER	CHARTER RATE (USD /D)	PERIOD (MONTHS)
1	Jun 25	AS Sophia	1,700	Maersk	21,500	22 – 26
2	Jun 25	AS Angelina	2,000	Maersk	24,500	22 – 24
3	Jun 25	AS Serena	1,700	Maersk	20,000	22 - 24
4	Jun 25	AS Penelope	2,500	Hapag-Lloyd	26,000	23 - 26

4X 4,500 NB DEAL DEMONSTRATES ON-GOING FOCUS ON FLEET RENEWAL

1	Shipyard	» Contracts have been signed with Chinese SY Taizhou Sanfu Ship Engineering, building on established relationship and processes from 2x 1,300 TEU DF Methanol NBs already delivered » Deliveries are scheduled for H2 2027 - H1 2028
2	Investment	» Total Investment of USD 228m » MPCC holding options for additional vessels » Potential for future scalability in line with market opportunities
3	Time Charter	» 3y Time-Charters for 4x vessels with leading global liner company » Generation of USD ~140m revenues & USD ~100m in EBITDA over the contract period
4	Efficiency	» Vessels will feature latest energy-effiency technologies and have ~50% lower slot costs than comparable vessels in operation » Vessels will be DF ready for ammonia or methanol conversion
5	Fleet Renewal	» Transaction reinforces MPCCs transition towards younger, more efficient and environmentally compliant fleet » Reduce exposure towards regulatory and environmental risks & alignment with maritime decarbonization goals

CONTINUED GOOD CASH GENERATION SUPPORTS FLEET RENEWAL AND DIVIDENDS

CASH FLOW BRIDGE FOR Q2 2025

• USD million » Investing Cash flow mirrors our continuous fleet renewal program:
  • » Disposal of less efficient vessels (USD 81m),
  • » Investing in vessels on the water (upgrades and regulatory) USD -15m
  • » Delivery of NCL NORDLAND (USD -21m)
  • » Financing cash flow driven by refinance of 2x 3,800TEUs of USD 52m and refinancing of NCL NORDLAND delivery
  • » Payment of MPCC's 14th consecutive recurring dividend

OPTIMIZED AND ROBUST CAPITAL STRUCTURE TO SUPPORT FUTURE GROWTH

COMMENTS

• » Successful execution of divestments as well as drawing under new senior secured facilities, improving overall liquidity
• » USD 485m in pro-forma liquidity available (including undrawn RCF capacity)
• » Beyong ample liquidity, the balance sheet remains conservatively structure with high degree of flexibility

• » After divestments, 27 vessels remain debt free with a fair market value of USD 650m, while total leverage ratio is 33.6%

• 1 4x vessel sales in Q3- AS FABIANA, AS FIORELLA, AS FLORETTA and AS FELICIA

• 2 Refinance of 2x 3,800 TEUs with Deutsche Bank
• 3 4x 4,500TEUs first installment (15% of contract price) plus 1x AS FRIEDERIKE (10% of contract price) 4 Available commitment as per 22 August 2025
• 5 Outstanding as per 22 August 2025
• MPC Container Ships | | 6 Fleet Value based on charter-free values from VesselsValue.com dated 20 August 2025, excl. Newbuildings and vessels held for sale
  • 7 Includes vessels under RCF, but excludes Newbuildings and vessels held for sale

AGENDA

01 HIGHLIGHTS

02 MARKET UPDATE

03 COMPANY OUTLOOK

MARKET UPDATE

UNCERTAINTY REMAINS ELEVATED

MULTIPLE HEADWINDS CREATED UNPRECEDENTED MARKET VOLATILITY

Geopolitical Flashpoints

» Tensions in the Middle East have escalated in the second quarter. Despite occasional signs of easing, liner operators see no immediate prospect of a full or partial return to the Suez route, as security conditions in the Red Sea remain uncertain

Policies and Trade War

» US policies continued to create a volatile container market environment in the second quarter, especially with the back and forth on tariff announcements, impacting trade flows and the demand outlook

Environmental Pressure

» New emissions regulations and climate initiatives add another layer of complexity to investment decisions but confirm MPCC's strategy so far

CHARTER RATES UNIMPRESSED BY VOLATILE FREIGHT RATES

• » Charter rates outperformed freight rates in Q2, staying at high levels due to limited vessel availability and steady fixture activity
• » Freight rates peaked in early June but quickly dropped amid weaker demand

MARKET UPDATE ASSET PRICES HOLD AT ELEVATED LEVELS

ClarksonS Second-hand price Index

» The sale and purchase (S&P) market remained active in line with the previous quarter, with assets being sold at historically elevated prices

ClarksonS newbuilding price Index

» Enhanced sophistication of ordered vessels, the comfortable forward coverage of yards and cost inflation have kept newbuilding-price indices near historic highs

MARKET UPDATE

INCREASING ORDERBOOK BUT STILL INSUFFICIENT IN SMALLER SIZES

AGE STRUCTURE OF FLEET AND ORDERBOOK

MARKET UPDATE

REGIONAL MARKETS DRIVE CONTAINER DEMAND

DIVERGING GROWTH TRENDS ON THE DEMAND SIDE PROMISING INTRA-REGIONAL DEMAND OUTLOOK

• » Growth trends are driven by stronger emerging markets' GDP growth outlook than in advanced economies
• » Container trades serving these markets showed growing volumes in recent years
• » The diversification of sourcing strategies will continue to drive robust volume growth
• » Intra-regional container trade a core market for the MPCC fleet-is expected to outperform the mainlane trades
• » In intra-regional trades¹ , 98% of vessel deployed are smaller than 5,100 TEU

MARKET OUTLOOK MARKET UPDATE

KEY TOPIC	DESCRIPTION
US POLICY	» US policies continued to create a volatile container market environment in the second quarter » Especially with the uncertainties on tariff announcements, trade flows and demand outlook can be impacted
RED SEA CRISIS	» Tensions intensified between Israel, Iran and the Yemeni Houthis, resulting in the sinking of two bulk carriers » In view of these incidents and in connection with the Middle East conflict and the unforeseeable easing of tensions along the Suez route, there is no immediate return to the Suez route foreseeable by liner operators » There is still a ~12% uplift to average haul of box trade due to persistent rerouting
FLEET DEVELOPMENT	» The orderbook-to-fleet ratio stands at 30.2% at the end of July 2025 » With 2.5 mTEU ordered so far in 2025, newbuild contracting has increased in the smaller size segments » Deliveries will pick up in 2027 and 2028, with an estimated 3 mTEU per year
UNDERINVESTED FEEDER SEGMENT	» Despite the size of the orderbook, feeder vessels, which are the MPCC focus segments, are still an underinvested size » In terms of vessels, there is not enough replacement tonnage to keep up with the ageing fleet currently on the water » Moreover, regional trades are forecast to grow more strongly compared to mainlane trades

AGENDA

• 01 HIGHLIGHTS
• 02 MARKET UPDATE
• 03 COMPANY OUTLOOK

HIGH CONTRACT COVERAGE INTO 2027 OUTLOOK

BACKLOG OVERVIEW – AS PER AUG'25

NUMBER OF FIXED AND UPCOMING VESSELS – AS PER AUG'25

MPC Container Ships | | Q2 2025 Earnings Presentation 16 1) Underlying min/max periods for contracted charter based on management assessment. Contracted Revenue and Projected EBITDA not including IFRS adjustments. 2) Revenues / Periods / TCE's / costs in good faith, but indicative only and subject to changes. Fixed revenue and days as of 20 August 2025. 3) Revenue and TCE not including IFRS amortization of time charter carry. 4) Projected EBITDA based on contracted revenue reduced by operating costs of USD 8,510 per day and vessel (incl. voyage expenditures / OPEX / G&As / Shipman). 5) Subject to redelivery of vessels (agreed min. / max. periods of charter contract). 6) Contracted forward TCE based on charter hire revenue divided by fixed operating days. 7) Upcoming vessels based on the minimum period. 8) Includes 5 NBs under construction as fixed vessels and excludes two vessels sold subject to successful handover.

OUTLOOK

STRONG PORTFOLIO OPTIMIZATION, HOWEVER, CONT'D FLEET RENEWAL REQUIRED

CAPITAL ALLOCATION & BALANCE SHEET MANAGEMENT

• and accretive investments, resulting in increased backlog and further improved earnings visibility
• Continued commitment distributions and sustainable shareholder return
• Maintaining conservative leverage as well as high balance sheet flexibility with 27 debt-free

• Substantial increase of ECO and retrofitted share in MPCCs fleet composition as well as successful reduction of avg. fleet age
• Based on the current portfolio profile further fleet renewal investments are needed

Q2 2025 Earnings Presentation

MPC Container Ships | | 1 Includes Newbuildings, Eco Design vessels and vessels that received a retrofit of the Bulbous Bow and a new Propeller and Boss Cap Fin and/or Pre-Swirl Device & Silicon Paint based on TEU

OUTLOOK

FLEET RENEWAL CREATING LONG TERM VALUE

4 MPCC 52 5 Döhle Contships GSL Navios Seaspan Danaos Costamare Schulte Average owner 57 x12 Vessel Count Orderbook 47% 20% 16% 16% Conventional Retrofitted ECO Newbuildings 53% Eco Share of the fleet 1 2 3 4

OVERVIEW OF MPCC COMPETITORS' SUB 6K TEU SEGMENT

FLEET RENEWAL STRATEGY

USD > 800m Investment Program

NEWBUILDING PROGRAM

1

2

3

4

9x highly efficient & DF vessels (USD ~500m)

ACQUISITION OF ECO-VESSELS

9x young, ECO vessels (USD ~300m)

RETROFIT INVESTMENTS

Hydrodynamic & Energy Efficiency measures on more than 20 vessel (USD ~30m)

CONVENTIONAL VESSELS

Continue to create long term value via retrofits, and balancing continued trading and further divestments

… to be continued

STRONG VALUE PROPOSITION: LOW RISK & SIGNIFICANT UPSIDE

VALUATION BRIDGE

• » Current Enterprise value is more than fully covered by the projected EBITDA backlog of USD ~0.7bn and the recycling value
• » Further significant upside potential from existing fleet of 55 vessels and further earnings capacity

OPEN RATE SENSITIVITY

Clarksons 10y Historical Average of USD ~20,100 pd Current Market Rates of USD ~34,300 pd

MPC Container Ships | | Q2 2025 Earnings Presentation 19 1) As of 20 August 2025, based on closing share price of NOK 19.055; USD/NOK of 10.2 2) Revenues / Periods / TCE's / costs in good faith, but indicative only and subject to changes. Fixed revenue and days as of 20 August 2025. Revenue and TCE not including IFRS amortization of time charter carry. Projected EBITDA based on contracted revenue reduced by operating costs of USD 8,510 per day and vessel (incl. voyage expenditures / OPEX / G&As / Shipman) 3) Fleet Value based on charter-free values from VesselsValue.com dated 20 August 2025, including Newbuildings. Recycling Value of the Fleet as per VesselsValue.com, 4) 10-Y Historical average of with USD ~20,100/day and current market rates of ~34,300/day based on monthly average 6-12 months TC rates from Clarksons Research as of July 2025. Rates are weighted averages based on size and number of vessels coming open, Illustrative operating revenue earnings scenarios, no forecasts, assuming upcoming fixtures at above shown rates. Based on 97% utilization, 5) Illustrative net profit scenarios, no forecasts, assuming operating costs of USD 8,510 per day and vessel, USD 130m of depreciation and net finance costs

FINAL REMARKS

• » Strong quarterly performance driven by high fleet utilization and solid operations
• » Strategic fleet expansion through a newbuilding program of four advanced vessels, supporting long term growth
• » Enhanced financial flexibility secured via USD 100 million in loan facilities and a USD 250 million accordion option
• » Robust shareholder returns with 50% of adjusted net profit distributed as dividends, aligned with the renewed capital allocation strategy
• » Resilient market positioning, leveraging investment capacity and disciplined strategy to navigate geopolitical volatility and seize emerging opportunities

QUESTIONS & ANSWERS

CHARTER BACKLOG SECURED IN TOP LINER COUNTERPARTS

CHARTER BACKLOG DEVELOPMENT AND COUNTERPARTIES

• » 93% of revenue backlog with top 10 liners and cargo-backed⁷
• » More than 2 years average remaining contract duration

OVERVIEW OF FINANCING FACILITIES

Facility	Type	Pre-delivery	Outstanding 30/06/25	Total capacity	Interest rate	#	Repayment profile	Maturity
BoComm	Sale & Lease back		USD 31.4m	USD 75m	260bps + SOFR	1 9	Monthly 1x 1.2m, 24x 0.3m + 22.8m balloon1	Sep. 2027
HCOB	RCF		USD 0.0m	USD 100m /72m	295bps + SOFR	11	Commitment will be reduced starting in Mar 2024	Dec. 2027
HCOB Ecofeeder	Term Loan		USD 33.7m	USD 50m	280bps + SOFR	4	Quarterly 14 x 0.7m + 25m balloon	Jul./Aug. 2028
First Citizen Bank	Term Loan		USD 27.0m	USD 30m	195bps + SOFR	2	Quarterly 12 x 1.5m + 7.5m balloon	Oct. 2028
Nordic HY Bond	Senior unsecured sustainability linked		USD 200.0m	USD 200m	737.5bps	n/a	n/a	Oct. 2029
Deutsche Bank	Term Loan2 + accordion		USD 0.0m2	USD 47.5m2 + USD250m	200bps + SOFR	2	Quarterly 11x 2.4m, 8x 1.7m + 14.5m balloon	Jun. 2030
Development Bank of Japan / Shinsei	Term Loan		USD 15.3m	USD 16m	175bps + SOFR	1	Quarterly 7x 0.75m, 15x 0.28m + 5.9m balloon	Mar. 2031
CA-CIB	Term Loan	Yes	USD 81.6m	USD ~101m	175 – 275bps + SOFR	2	Quarterly 5x 5.7m + 4x 3.7m + 4x 1.4m3	Jun. 2031
Société Generale 4	Green Term Loan	Yes	USD 0.0m	USD 29.3m	210bps + SOFR	1	quarterly 28x USD 0.5m + USD 15.6m balloon	Aug. 2033
KfW-IPEX	Term Loan		USD 52.0m	USD 52.0m	190bps + SOFR	2	6 x semi-annual 5.4m, 7x 1.8m + 7.1m balloon	May 2032
Deutsche Bank	Green Term Loan	Yes	USD 54.5m	USD ~54.5m	230bps + SOFR	2	23 x semi-annual installments of 3.33% + 23.34% balloon	Jan./Apr. 2037

1) Voluntary Prepayment of ~USD 2m in August 2025 anticipated – release of one collateralized vessel,

2) Utilization in July 2025 – all conditions precedentfulfilled

3) subsequent instalments to be agreed by borrower and lender

MPC Container Ships | | Q2 2025 Earnings Presentation

4) Under documentation, term sheet signed

CALCULATION OF RECURRING DIVIDEND FOR Q2 2025

USD million	Q2 2025 1 (unaudited)
Operating revenue	137.9
EBITDA	107.4
Profit for the period	78.2
Adjustment related to vessel sales	-26.7
Adjustment related to normalized depreciation	-2.8
Adjusted profit for the period	48.6
No. of shares outstanding	443.7
Adjusted earnings per share (in USD)	0.11
75% declared as recurring dividend per share (in USD)	0.05
Recurring dividend in USD million	22.2

CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS

	Q2 2025	Q2 2024	YTD 2025	YTD 2024
In USD thousands	(unaudited)	(unaudited)	(unaudited)	(unaudited)
Operating revenues	137,876	130,899	264,958	278,442
Commissions	(3,205)	(3,762)	(6,196)	(7,753)
Vessel voyage expenditures	(5,221)	(3,936)	(11,563)	(7,280)
Vessel operation expenditures	(41,820)	(38,738)	(80,152)	(76,159)
Ship management fees	(2,609)	(2,157)	(5,200)	(4,778)
Share of profit or loss from joint venture	-	(349)	(2)	(378)
Gross profit	85,021	81,957	161,845	182,094
Administrative expenses	(6,354)	(4,360)	(11,325)	(8,687)
Other expenses	(461)	(638)	(1,364)	(1,163)
Other income	2,465	1,040	6,107	2,102
Gain (loss) from sale of vessels	26,685	6,412	29,867	6,201
Depreciation	(21,227)	(17,521)	(35,209)	(35,265)
Operating profit	86,129	66,890	149,921	145,282
Finance income	2,435	2,435	4,327	4,397
Finance costs	(10,349)	(4,393)	(16,495)	(8,690)
Profit (loss) before income tax	78,215	64,932	137,753	140,989
Income tax expenses	(112)	(119)	91	277
Profit (loss) for the period	78,103	64,813	137,844	141,266
Attributable to:
Equity holders of the Company	78,037	64,797	137,699	141,220
Minority interest	66	16	145	46
Basic earnings per share – in USD	0.18	0.15	0.31	0.32
Diluted earnings per share – in USD	0.18	0.15	0.31	0.32

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

	June 30, 2025	Dec 31, 2024
in USD thousands
ASSETS
Non-current Assets
Inventories	6,017	7,206
Trade and other receivables	49,839	37,735
TOTAL ASSETS	1,450,873	1,231,374

	June 30, 2025	Dec 31, 2024		June 30, 2025	Dec 31, 2024
in USD thousands	(unaudited)	(audited)	in USD thousands	(unaudited)	(audited)
ASSETS			EQUITY AND LIABILITIES
Non-current Assets			Equity
Vessels	1,026,324	1,003,460	Share capital	48,589	48,589
Newbuildings	7,948	44,344	Share premium	1,879	1,879
Right-of-use asset	171	264	Other paid-in capital	-	286
Investments in associate and joint venture	1,232	5,245	Retained earnings	824,872	762,602
Total non-current assets	1,035,675	1,053,313	Other reserves	(672)	(260)
			Non-controlling interest	4,550	4,524
Current Assets			Total equity	879,218	817,620
Inventories	6,017	7,206
Trade and other receivables	49,839	37,735	Non-current liabilities
Financial instruments at fair value	812	1,060	Non-current Interest-bearing debt	426,441	299,237
Restricted cash	7,662	6,364	Lease liabilities -long-term	-	79
Cash and cash equivalents	350,868	125,696	Other non-current liabilities	4,902	-
Total current assets	415,198	178,061	Total non-current liabilities	431,343	299,316
TOTAL ASSETS	1,450,873	1,231,374
			Current liabilities
			Current interest-bearing debt	61,294	44,037
			Trade and other payables	10,888	12,632
			Derivative financial instruments - short-term	90	101
			Related party payables	797	72
			Income tax payable	99	164
			Deferred revenues	39,402	29,706
			Other liabilities	27,742	27,726
			Total current liabilities	140,312	114,438
			TOTAL EQUITY AND LIABILITIES	1,450,873	1,231,374

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW

YTD 2025	YTD 2024		YTD 2025	YTD 2024
in USD thousands (unaudited)			(unaudited)	(unaudited)
137,754	140,989	Dividends paid	(75,548)	(115,619)
(10,866)	-	Additions from non-controlling interest	-	-
(750)	811	Proceeds from debt financing	181,461	61,670
663	1,716	Repayment of long-term debt	(38,082)	(18,516)
9,696	173	Payment of principal of leases	(91)	(97)
35,209	(6,170)	Interest paid	(12,890)	(5,188)
(286)	35,265	Debt issuance costs	(2,232)	(3,648)
12,167	-	Other finance paid	(356)	(1,376)
2	4,293	Cash from /(to) financial derivatives	(245)	146
-	377	Cash flow from financing activities	52,017	(82,628)
(29,868)	(4,648)
-	(926)	Net change in cash and cash equivalents	226,242	46,696
153,721	171,880	Net foreign exchange difference	228	-
		(unaudited)	in USD thousands

Proceeds from disposal of vessels	89,590	50,389	Restricted cash, cash & cash equiv. at end of the
Scrubbers, dry dockings and other vessel upgrades	(31,297)	(19,114)
Newbuildings	(41,591)	(72,850)
Capitalized borrowing cost	(668)	-
Acquisition of vessels	187	-
Cash acquired in acquisition of company	4,283	3,019
Acquisition of newbuilds	-	(4,000)
Cash flow from investing activities	20,504	(42,556)

(unaudited)	(unaudited)		(unaudited)	(unaudited)
		Restricted cash, cash & cash equiv. at beginning of the period	132,060	122,584
		period	358,530	169,280

FLEET EMPLOYMENT OVERVIEW

No	Vessel	Cluster	Charterer	Remark	MPCC Current Fixture (USD/day)	Aug-25	Sep-25	Oct-25 Nov-25	Dec-25 Jan-26	Feb-26 Mar-26	Apr-26	May-26	Jun-26 Jul-26	Aug-26	Sep-26	Min / Max
1	AS SIMONE	1,700 grd eco	Maersk	Eco & Retrofit	21,8551											Sep-25 / Sep-26
2	AS SILJE	1,700 grd eco	Maersk	Eco & Retrofit	21,8551											Oct-25 / Oct-26
3	AS SABINE	1,700 grd eco	Maersk	Eco & Retrofit	21,8551											Nov-25 / Nov-26
4	AS STINE	1,700 grd eco	Maersk	Eco & Retrofit	21,8551											Dec-25 / Dec-26
5	AS CYPRIA	2,800 gls	Hapag-Lloyd		18,500						DD2					Feb-26 / Apr-26
6	AS FLORETTA3	1,300 grd	Crowley		16,800											Mar-26 / May-26
7	AS FELICIA3	1,300 grd	ZISS		24,000											Mar-26 / May-26
8	AS PATRIA	2,500 grd	KMTC		15,5004											Mar-26 / Jul-26
9	AS CARELIA	2,800 gls	Hapag-Lloyd		19,500							DD2				Apr-26 / Jun-26
10	AS ALVA	2,000 grd	MSC		15,500											Apr-26 / Jun-26
11	AS CARLOTTA	2,800 grd	ONE		25,500								DD2			May-26 / Jun-26
12	AS CLEMENTINA	2,800 gls	Unifeeder		21,178							DD2				May-26 / Jul-26
13	STADT DRESDEN	2,800 gls	Hapag-Lloyd		19,500											Jun-26 / Sep-26
14	AS CHRISTIANA	2,800 grd	Sea Consortium		26,800											Jul-26 / Aug-26
15	AS PIA	2,500 grd	Maersk	Retrofit	45,7505											Aug-26 / Jan-27
16	AS COLUMBIA	2,800 gls	Maersk	Retrofit	24,000										DD2	Sep-26 / Oct-26
17	AS CONSTANTINA	2,800 gls	COSCO		26,500	DD2										Sep-26 / Nov-26
18	AS SICILIA	1,700 grd	MSC		17,000											Sep-26 / Nov-26
19	AS CLAUDIA	2,800 gls	Hapag-Lloyd		19,500											Oct-26 / Jan-27
20	AS PALINA	2,500 HR grd	Maersk	Retrofit	45,7506											Oct-26 / Apr-27
21	AS CAMELLIA	2,800 gls	Maersk		24,000											Oct-26 / Dec-26
22	AS SELINA	1,700 grd	Maersk		23,2507											Nov-26 / Jan-27
23	AS SAVANNA	1,700 grd	Maersk	Retrofit	23,2507											Nov-26 / Jan-27
24	AS CAROLINA	2,800 gls	ZISS		41,000											Nov-26 / Jan-27
25	AS PETRONIA	2,500 HR grd	Maersk	Retrofit	45,7508											Nov-26 / May-27

Index-linked charter rate with a floor of USD 8,750 and a ceiling of USD 14,500 - 50/50 profit share for all assessed rates between USD 17,000 and USD 35,000

Scheduled commencement of dry-docking. Actual timing depends, inter alia, on yard capacity and charter commitments

Sold - handovers planned for Q3/Q4 2025

First year at USD 70,000, next year at USD 55,000, thereafter one year at USD 25,000 and then USD 15,500 for the remaining period

As of 29.08.2025 the charter rate will change to an index-linked scheme with a floor of USD 10,500 and a ceiling of USD 16,000, the charter also includes a Scrubber savings sharing mechanism in favour of MPCC

As of 21.10.2025 the charter rate will change to an index-linked scheme for AS Palina with a floor of USD 11,000 and a ceiling of USD 17,000, the charter also includes a Scrubber savings sharing mechanism in favour of MPCC

Contracted base rate, index-linked scheme with a floor of USD 12,500 and a ceiling of USD 20,000. 50/50 profit share for all assessed rates between USD 20,000 and USD 30,000

As of 21.10.2025 the charter rate will change to an index-linked scheme for AS Petronia with a floor of USD 11,000 and a ceiling of USD 17,000, the charter also includes a Scrubber savings sharing mechanism in favour of MPCC

MPC Container Ships | | Q2 2025 Earnings Presentation

Min. period Max. period

FLEET EMPLOYMENT OVERVIEW

No	Vessel	Cluster	Charterer	Remark	MPCC Current Fixture (USD/day)	Aug-25	Sep-25	Oct-25	Nov-25	Dec-25	Jan-26	Feb-26	Mar-26	Apr-26	May-26	Jun-26	Jul-26	Aug-26	Sep-26	Min / Max
26	AS CALIFORNIA	2,800 gls	Maersk		24,000															Dec-26 / Feb-27
27	AS ANNE	2,200 grd eco	OOCL	Eco	25,500									DD1						Dec-26 / Feb-27
28	AS SABRINA	1,700 grd	Maersk	Retrofit	23,2502															Dec-26 / Feb-27
29	AS SAMANTA	1,700 grd	Maersk	Retrofit	23,2502															Jan-27 / Mar-27
30	AS SARA	1,700 grd	Maersk	Retrofit	23,2502															Feb-27 / Apr-27
31	AS PAMELA	2,500 grd	EMC		26,500															Mar-27 / Apr-27
32	AS CASPRIA	2,800 gls	ZISS		40,700															Mar-27 / May-27
33	AS SUSANNA	1,700 grd	ONE		18,000	DD1														Mar-27 / Jun-27
34	AS SVENJA	1,700 grd	CMA CGM	Retrofit	22,000															Apr-27 / Jun-27
35	AS FREYA	1,300 grd	King Ocean		16,250															Apr-27 / Jun-27
36	AS ANGELINA	2,000 grd	Maersk		24,500															Jun-27 / Aug-27
37	AS NURIA	3,500 gls	Maersk	Retrofit	25,150															Jun-27 / Aug-27
38	SEVILLIA	1,700 grd	CMA CGM		21,000															Jun-27 / Aug-27
39	AS NARA	3,500 gls	Maersk		25,150															Jul-27 / Sep-27
40	AS NINA	3,500 gls	Maersk	Retrofit	30,000	DD1														Jul-27 / Sep-27
41	AS SOPHIA	1,700 grd	Maersk		38,000		21,500													Jul-27 / Nov-27
42	AS SERENA	1,700 grd	Maersk		20,300				20,000											Sep-27 / Nov-27
43	AS PENELOPE	2,500 gls	Hapag-Lloyd		16,950			26,000												Sep-27 / Dec-27
44	AS NORA	3,500 grd	CMA CGM	Retrofit	28,000															Feb-28 / Apr-28
45	LIVORNO EXPRESS	3,800 grd	Hapag-Lloyd	Eco	33,2503										DD1					Mar-28 / Jun-28
46	DETROIT EXPRESS	3,800 grd	Hapag-Lloyd	Eco	33,2503							DD1								Mar-28 / Jun-28
47	GENOA EXPRESS	3,800 grd	Hapag-Lloyd	Eco	33,2503									DD1						Mar-28 / Jun-28
48	BARCELONA EXPRESS	3,800 grd	Hapag-Lloyd	Eco	33,2503								DD1							Mar-28 / Jun-28

Min. period Max. period

Scheduled commencement of dry-docking. Actual timing depends, inter alia, on yard capacity and charter commitments

Contracted base rate, index-linked scheme with a floor of USD 12,500 and a ceiling of USD 20,000. 50/50 profit share for all assessed rates between USD 20,000 and USD 30,000

Livorno Express to be renamed to AS Natalie, Detroit Express to be renamed to AS Nele, Genoa Express to be renamed to AS Nanne and Barcelona Express to be renamed to AS Ninette

FLEET EMPLOYMENT OVERVIEW

No	Vessel	Cluster	Charterer	Remark	MPCC Current Fixture (USD/day)	Aug-25 Sep-25	Oct-25	Nov-25	Dec-25 Jan-26	Feb-26	Mar-26	Apr-26	May-26	Jun-26	Jul-26	Aug-26 Sep-26	Min / Max
49	AS MARIE1	4,500 gls		Eco		Charter rate of USD 31,900 per day										Jun-30 / Jul-30
50	AS MAIKE1	4,500 gls		Eco		Charter rate of USD 31,900 per day										Sep-30 / Oct-30
51	AS METTE1	4,500 gls		Eco		Charter rate of USD 31,900 per day										Dec-30 / Jan-31
52	AS MARTHE1	4,500 gls		Eco		Charter rate of USD 31,900 per day									Mar-31 / Apr-31
53	MACKENZIE	5,500 gls	ZISS	Eco	70,0002									45,000			Jun-31 / Jul-31
54	COLORADO	5,500 gls	ZISS	Eco	70,0002										45,000		Jul-31 / Sep-31
55	AS FRIEDERIKE1,3	1,300 gls	Unifeeder	Dual-Fuel Methanol		Charter rate of EUR 17,750 per day									Dec-33 / Dec-33
56	NCL VESTLAND	1,300 grd	NCL	Dual-Fuel Methanol	17,0884				17,2864								Nov-39 / Mar-40
57	NCL NORDLAND	1,300 grd	NCL	Dual-Fuel Methanol	16,9164				17,1224								Feb-40 / Jun-40

Min. period Max. period Under construction

1 Periods are based on the latest schedule provided by the shipyard

2 Avg. Rate of USD 39,000 (first two years USD 70,000, the third year USD 45,000 and for the remaining four years USD 21,565)

3 To be renamed DP World Southampton after delivery

4 increasing by 1.1% each year on January 1st. The charter rate is paid in EUR but was converted to USD using an exchange rate of 1.1600.

DISCLAIMER

This presentation (the "Presentation") has been prepared by MPC Container ships ASA (the "Company") for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein.

Please note that no representation or warranty (express or implied) is made as to, and no reliance should be placed on, any forward-looking statements, including projections, estimates, targets and opinions, contained herein. To the extent permitted by law, the Company, its parent or subsidiary undertakings and any such person's officers, directors, or employees disclaim all liability whatsoever arising directly or indirectly from the use of this Presentation. This Presentation contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements concern future circumstances, not historical facts and are sometimes identified by the words "believes", expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forwardlooking statements contained in this Presentation (including assumptions, opinions and views of the Company or opinions cited from third party sources) are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. None of the Company, any of its parent or subsidiary undertakings or any such person's officers, directors, or employees provides any assurance that the assumptions underlying such forward-looking statements are free from errors, nor does any of them accept any responsibility for the future accuracy of the opinions expressed in this Presentation or the actual occurrence of the forecasted developments described herein.

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This Presentation is being communicated in the United Kingdom to persons who have professional experience, knowledge and expertise in matters relating to investments and who are "investment professionals" for the purposes of article 191 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and only in circumstances where, in accordance with section 861 of the Financial and Services Markets Act 2000 ("FSMA"), the requirement to provide an approved prospectus in accordance with the requirement under section 85 FSMA does not apply.

The contents of this Presentation shall not be construed as legal, business, or tax advice. Recipients must conduct their own independent analysis and appraisal of the Company and the Shares of the company, and of the data contained or referred to herein and in other disclosed information, and risks related to an investment, and they must rely solely on their own judgement and that of their qualified advisors in evaluating the Company and the Company's business strategy.

This Presentation reflects the conditions and views as of the date set out on the front page of the Presentation. The information contained herein is subject to change, completion, or amendment without notice. In furnishing this Presentation, the Company undertake no obligation to provide the recipients with access to any additional information.

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