忽미교 Corporate Presentation | August 2020 World-Class Shipping, Leading-Edge Expertise Danaos by the Numbers Disclaimer This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future, including, without limitation, the ...

20120 World-Class Shipping, Leading-Edge Expertise Corporate Presentation | May 2020 Danaos by the Numbers Disclaimer This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future, including, without limitation, the ...

Use these links to rapidly review the document TABLE OF CONTENTS INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2019 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...

忽미교 World-Class Shipping, Leading-Edge Expertise Corporate Presentation | February 2020 Danaos by the Numbers Disclaimer This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future, including, without limitation, t ...

Financial Data and Key Metrics Changes - The company's adjusted net income for 2019 was $148.7 million, an increase of $17.5 million or 13.3% compared to $131.2 million in 2018, primarily due to a $13.7 million decrease in total operating costs and a $15.1 million decrease in net finance expenses, partially offset by an $11.5 million decrease in operating revenues [5][12] - Adjusted EBITDA for 2019 was $310.6 million, slightly down from $317.8 million in 2018 [5] - For Q4 2019, adjusted net income was $38 million, up by $1.4 million from $36.6 million in Q4 2018, driven by a $5.2 million decrease in total operating expenses and a $1 million decrease in net finance costs, despite a $5.4 million decrease in operating revenues [12][13] Business Line Data and Key Metrics Changes - Operating revenues for Q4 2019 decreased by 4.7% or $5.4 million to $110 million compared to $115.6 million in Q4 2018, mainly due to a $5.3 million decrease from 4 Panamax vessels that concluded 12-year charters [13] - Vessel operating expenses decreased by 4.3% or $1.1 million to $24.5 million in Q4 2019, with an average daily vessel operating cost of $5,215, remaining competitive in the industry [14] - Adjusted EBITDA for Q4 2019 decreased by 26% or $2.1 million to $78.1 million from $80.2 million in Q4 2018 [16] Market Data and Key Metrics Changes - The container market for vessels larger than 5,500 TEU strengthened throughout 2019, with increased container volumes across main trade lanes [6] - The company has high charter coverage of 86% in terms of operating revenues and 68% in terms of operating days over the next 12 months, which protects strong cash flows [8] - The impact of the coronavirus on world GDP and trade growth is uncertain, but the company expects a short-term demand drop followed by a surge when supply chains resume [7] Company Strategy and Development Direction - The company is committed to investing in operational excellence and technological innovation to maintain its leadership position in the container shipping industry [10] - The successful equity offering in November 2019 has positioned the company to pursue growth initiatives, having already acquired two 8,500 TEU container vessels expected to contribute an incremental $12 million of EBITDA annually [9] - The company plans to benefit from the new IMO 2020 sulfur limits and has completed scrubber installations on 4 out of 11 vessels, enhancing cash flows and contract coverage [8] Management's Comments on Operating Environment and Future Outlook - Management acknowledges near-term headwinds due to the coronavirus but believes long-term fundamentals remain intact, with expectations of a demand surge post-crisis [6][7] - The company is not concerned about the financial health of its largest counterparty, CMA CGM, and has not discussed any amendments to charters [24] - Management expects all scrubber installations to be completed by the second quarter, despite delays caused by the virus outbreak [25] Other Important Information - The company has a contractual minimum debt repayment of $300 million due by the end of 2021, with potential for more debt paydown from excess cash flows [31] - The company is considering reinstating dividends but has deferred decisions due to uncertainties created by the coronavirus [21][23] Q&A Session Summary Question: How much debt is being put against the $53 million in assets from recent acquisitions? - The company is using a 60% loan-to-value ratio for a 5-year loan [18] Question: What are the thoughts around the timing and amount of the first dividend payment? - The decision on dividends has been deferred due to uncertainty from the coronavirus, with the next Board meeting expected in approximately three months [21][22] Question: Are there any risks to contracts with CMA CGM? - Management stated there are no concerns regarding CMA CGM's balance sheet and payments have been timely [24] Question: What percentage of revenues are at risk from market volatility? - The company has 86% charter coverage for the next 12 months, meaning only 12% of revenue is from spot charters, limiting potential revenue impact [29] Question: How many days are expected for off hire due to scrubber installations? - The company expects around 130 to 140 days of off hire for three vessels undergoing scrubber installations [37]

Use these links to rapidly review the document TABLE OF CONTENTS INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...