Danaos Corporation (NYSE:DAC) Q2 2021 Earnings Conference Call August 3, 2021 9:00 AM ET Corporate Participants John Coustas - Chief Executive Officer Evangelos Chatzis - Chief Financial Officer ConferenceCall Participants Omar Nokta - Clarksons Securities Randy Giveans - Jefferies Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the financial results for the first three months ended June 30, 2021. As a reminder, today's call is being recorded. Hosting the call today is Dr. ...

Investor Presentation May 2021 Strictly Private and Confidential 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 outlook for fleet utilization and shipping ...

Danaos Corporation (NYSE:DAC) Q1 2021 Earnings Conference Call May 11, 2021 9:00 AM ET Company Participants John Coustas - CEO Evangelos Chatzis - CFO Conference Call Participants Randy Giveans - Jefferies James Monigan - Citigroup Omar Nokta - Clarksons Platou Securities Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the Financial Results for the Three Months Ended March 31, 2021. As a reminder, today's call is being recorded. Hosting the call today is Dr. John Coustas, ...

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 1 ...

Danaos Corporation (NYSE:DAC) Q4 2020 Earnings Conference Call February 16, 2021 9:00 AM ET Company Participants John Coustas - Chairman, President and CEO Evangelos Chatzis - CFO Conference Call Participants James Monigan - Citigroup Randy Giveans - Jefferies Omar Nokta - Clarksons Securities Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the Financial Results for the Three Months Ended December 31, 2020. [Operator Instructions]. As a reminder, today’s call is being reco ...

Investor Presentation and February 2021 Strictly Private and Confidential 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 outlook for fleet utilization and ...

Financial Data and Key Metrics Changes - Adjusted net income for Q3 2020 was $47.3 million, an increase of $9.4 million compared to $37.9 million in Q3 2019 [14] - Operating revenues rose by $7.1 million to $118.9 million in Q3 2020 from $111.8 million in Q3 2019 [15] - Adjusted EBITDA increased by 5% or $4 million to $83.3 million in Q3 2020 from $79.3 million in Q3 2019 [19] Business Line Data and Key Metrics Changes - Vessel operating expenses increased by $2.8 million to $27.7 million in Q3 2020 from $24.9 million in Q3 2019 due to a higher average number of vessels [16] - General and administrative expenses decreased by $0.4 million to $6 million in Q3 2020 compared to $6.4 million in Q3 2019 [17] - Interest expense decreased by $6.8 million to $7.5 million in Q3 2020 from $14.3 million in Q3 2019, attributed to a decrease in average indebtedness [18] Market Data and Key Metrics Changes - Container trade has shown a remarkable recovery since May 2020, with time charter rates at or near multiyear highs across all vessel sizes [7] - Global GDP is forecasted to grow by 5.2% in 2021, indicating a swift recovery primarily in goods rather than services, benefiting containerized trade [9] - The orderbook is currently at single digits as a percentage of the world fleet for the first time in 20 years, indicating a healthy supply-side outlook [10] Company Strategy and Development Direction - The company plans to purchase two 9,000 TEU vessels contracted on two-year charters, expected to be delivered between December 2020 and January 2021 [11] - The company has a charter backlog of $1.1 billion and maintains a conservative financial profile while focusing on capital allocation decisions [12][13] - The company aims to deliver value through growth rather than immediate dividends, emphasizing share repurchases as a means of returning value to shareholders [21] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the medium-term market outlook, noting that tighter supply will help maintain momentum in the container market [10] - The company remains focused on maintaining a conservative financial profile amid ongoing uncertainty due to the pandemic [13] - Management highlighted the dynamic nature of the short-term chartering market and the potential for higher rates in the future [26] Other Important Information - The company repurchased 4,339,000 shares, or 17.5% of outstanding shares, for $31.1 million, significantly increasing per share results and valuation metrics [12] - The average daily operating cost increased to $5,467 per day in Q3 2020 from $5,298 per day in Q3 2019, remaining competitive in the industry [16] Q&A Session Summary Question: Thoughts on eventual dividend timing and further share repurchases - Management indicated that while dividends are considered, the focus remains on delivering value through share repurchases and growth [21][22] Question: Details on the acquisition of two 9,000 TEU vessels - Management noted that these vessels were attractive due to their strategic value and the current market conditions [24] Question: Impact of record-setting container rates on time charter rates - Management confirmed that current charter rates are at phenomenal levels not seen since 2011, with most charters being for 12 to 18 months [26] Question: Expectations for fixing vessels prior to expiration - Management stated that they are waiting closer to vessel delivery dates to secure better rates, which has proven effective [27] Question: Financing expectations for vessel acquisitions - Management expects to finance 50% to 55% of the purchase price for the new vessels [35] Question: Willingness to sell assets if values rise - Management expressed a preference to run vessels in a high market rather than sell, as container shipping is not primarily an asset play [36]

忽미권 World-Class Shipping, Leading-Edge Expertise Corporate Presentation | November 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 ...

Danaos Corporation (NYSE:DAC) Q2 2020 Earnings Conference Call August 4, 2020 9:00 AM ET Company Participants Evangelos Chatzis - Chief Financial Officer John Coustas - President and Chief Executive Officer Conference Call Participants Randy Giveans - Jefferies LLC Christian Wetherbee - Citigroup Inc. Chris Wetherbee - Citigroup Inc. Kerem Aksoy - Glacier Pass Partners Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the financial results for the 3 months ended June 30, 202 ...

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 ...