Investor Presentation ill 5 November 2021 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 rates, general industr ...

Business Overview - Danaos has a charter backlog of $2.1 billion through 2028 with world leading liner companies[12] - The company has strong operating days contract coverage of 100% for the remainder of 2021 and 90% for 2022[15] - Danaos met the IMO 2030 carbon intensity targets 11 years ahead of requirements in 2019 and continues to meet the target with a 45% reduction in CO2 emissions per ton miles for year 2020 compared with base year 2008[20] Financial Performance - Danaos' LTM Adjusted EBITDA is $433 million[30] - The company's Net Debt / LTM Adjusted EBITDA ratio is 3.1x[30] - Operating Revenue increased by $77 million in Q3 2021 due to higher charter rates and vessel acquisitions[42] - Adjusted Net Income increased by $77 million in Q3 2021[42] Fleet and Market Dynamics - The current industry order-book is about 23.5% involving deliveries through 2025[29] - Trade yoy Growth is 8.2% in 2021(E) and 4.3% in 2022(F)[80, 79] - The volume of idle capacity remains at historical lows, with 0.6% Idle Fleet at End-Oct 21 vs a peak of 12% in Jun 20[85]

Danaos Corporation (NYSE:DAC) Q3 2021 Earnings Conference Call November 9, 2021 9:00 AM ET Company Participants John Coustas – Chief Executive Officer Evangelos Chatzis – Chief Financial Officer Conference Call Participants Randy Giveans – Jefferies Eli Winski – Citi J Mintzmyer – Value Investor's Edge Omar Nokta – Clarkson Securities Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the financial results for the 3 months ended September 30th, 2021. As a reminder, today's ca ...

Investor Presentation August 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 shipp ...

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 ...

Financial Data and Key Metrics Changes - The company reported adjusted EPS for Q4 2020 of $2.29 per share, an increase from $2.01 per share in Q4 2019, resulting in an adjusted net income of $47.8 million compared to $38 million in the prior year [14] - Adjusted EBITDA increased by 6.3% to $83 million in Q4 2020 from $78.1 million in Q4 2019, reflecting improved market fundamentals [19] - Operating revenues rose by $9.4 million to $119.6 million in Q4 2020, driven by higher charter rates and the addition of four vessels to the fleet [15] Business Line Data and Key Metrics Changes - The company completed 27 recharterings over the past three months at rates between 2x and 3x the rates of expiring charters, covering 91% of 2021 operating days [10] - The contract backlog currently stands at $1.2 billion, with contract revenues for 2021 expected to be $543 million, already $81 million higher than total revenues for 2020 [22] Market Data and Key Metrics Changes - The charter market has strengthened significantly, with decade-high charter rates across almost all vessel types due to a resurgence in demand and low vessel supply [6][7] - The company noted that the current order book for new vessels is at historically low levels, suggesting moderate supply growth in the coming years [7] Company Strategy and Development Direction - The company aims to optimize its capital structure by balancing bonds and bank debt, with a focus on reducing borrowing costs and maintaining flexibility for future growth opportunities [28] - Management is cautious about entering the S&P market due to high vessel prices and prefers to build cash reserves for future strategic moves [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the sustainability of the current market strength, indicating that demand continues to outpace supply [26] - The company expects revenue in 2021 to exceed 2020 revenue by at least $100 million, driven by new contracted charters at significantly higher rates [10] Other Important Information - The company successfully completed a $300 million bond offering, which was over 3x oversubscribed, to refinance existing credit facilities and strengthen its balance sheet [12] - The value of the company's bond holdings in ZIM and HMM increased to approximately $63 million, and the value of its shares in ZIM exceeded $200 million [11][21] Q&A Session Summary Question: What is the outlook for the chartering market post-Chinese New Year? - Management indicated that the market is still strengthening, with new fixtures being at higher levels than previous ones, and expressed optimism for continued strength in 2021 [26] Question: Is it an attractive opportunity to be active in the S&P market in 2021? - Management stated that they do not prefer to chase the market and will focus on cash reserves instead of overpaying for vessels [27] Question: How is the company thinking about balancing bonds with bank debt? - Management noted that bond capital is becoming harder to find, and they aim to lower borrowing costs through successful bond issuance while maintaining a mix of secured and unsecured debt [28][29] Question: What are the plans regarding dividends? - Management indicated that the Board will discuss dividends after completing the financial transaction expected in April, with a decision to be made at the next earnings call [31] Question: What is the company's strategy regarding newbuildings and growth? - Management emphasized a cautious approach to growth, focusing on maintaining a strong balance sheet and being selective about investments, particularly in the context of environmental regulations [41][44]

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 ...