January 14, 2026 Scorpio Tankers Inc. Capital Link Presentation Disclaimer and Forward-looking Statements This presentation includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Scorpio Tankers Inc.'s ("Scorpio's") current views with respect to future events and financial performance. The words "believe," "anticipate," "intend," "estimate," "forecast," "project," " ...

Core Insights - Scorpio Tankers (STNG) stock has experienced a decline for most of 2025 but ended the previous year with a slight profit in terms of price appreciation [1] - In 2026, STNG has shown movement, indicating potential changes in its stock performance [1] Company Overview - Scorpio Tankers is involved in the shipping industry, specifically focusing on the transportation of refined petroleum products [1] - The company has been analyzed by Oakoff Investments, which provides insights into balancing growth and value through proprietary Wall Street information [1] Investment Analysis - Beyond the Wall Investing offers features such as a fundamentals-based portfolio, weekly analysis from institutional investors, and alerts for short-term trade ideas based on technical signals [1] - The investment group aims to assist readers in making informed decisions regarding their portfolios [1]

Company Overview - Scorpio Tankers Inc. (NYSE:STNG) is engaged in the seaborne transportation of refined petroleum and crude oil products globally, with a fleet consisting of 99 owned and leased financed tankers as of March 20, 2025 [4] - The company was founded in 2009 and is based in Monaco [4] Fleet and Operations - The company currently owns or leases a fleet of 93 product tankers with an average age of 9.8 years, including 42 MR tankers, 14 Handymax tankers, and 37 LR2 tankers [2] - Scorpio Tankers has entered into five-year time charter agreements for two LR2 product tankers, STI Rose and STI Alexis, at a daily rate of $29,000 per vessel, scheduled to begin in the first quarter of 2026 [1] - The firm has agreed to sell three LR2 product tankers, with closings expected in the first quarter of 2026 [2] - The company has 4 MR newbuildings expected to be delivered in 2026 and 2027, two LR2 newbuildings due in the third quarter of 2027, and two VLCC newbuildings with planned delivery in the second half of 2028 [2] Analyst Ratings and Market Potential - BTIG analyst Gregory Lewis reaffirmed a Buy rating on Scorpio Tankers, with a price target of $75, implying a further 36.4% upside from current levels, consistent with the median Wall Street analysts' upside of 35% [3]

Core Viewpoint - Scorpio Tankers Inc. provided an update on its liquidity, outstanding debt, and newbuilding vessel commitments, highlighting significant changes in its financial position and ongoing vessel sales [1]. Liquidity and Debt Update - As of January 9, 2026, the total secured debt decreased to $409.2 million from $628.7 million as of September 30, 2025. The total debt also reduced to $628.4 million from $896.6 million [2]. - The company has $783.9 million available under its revolving credit facilities as of January 9, 2026 [2]. - Cash increased to $793.2 million as of January 9, 2026, compared to $603.2 million previously, resulting in a net cash position of $(164.7) million [2]. Vessel Sales - The company sold 3,551,794 common shares in DHT Holdings Inc. at an average price of $13.40 per share [3]. - In November and December 2025, the company completed sales of several MR product tankers, including STI Maestro for $42.0 million and STI Lobelia for $61.2 million [3][4]. Debt Repayments - Significant debt repayments occurred in late 2025, including a $29.2 million prepayment on the 2023 $225.0 Million Revolving Credit Facility and a $34.0 million prepayment on the 2023 $117.4 Million Credit Facility [7]. - The company also prepaid various amounts on other credit facilities, reducing future payment obligations [7]. Newbuilding Commitments - The company has commitments for newbuilding vessels, including two VLCCs expected to be delivered in the second half of 2028, two LR2s in the third quarter of 2027, and four MRs with staggered deliveries in 2026 and 2027 [5][6]. - Total newbuilding purchase commitments amount to $572.8 million, with payments scheduled from Q1 2026 through 2028 [6]. Company Overview - Scorpio Tankers Inc. operates a fleet of 93 product tankers, with an average age of 9.8 years, and has agreements to sell four LR2 product tankers expected to close in early 2026 [8].

Core Viewpoint - Scorpio Tankers has been downgraded to Underperform from Buy by BofA Securities, with a reduced price target of $53 from $67, reflecting concerns over peak earnings and future rate declines [1][3] Group 1: Downgrade and Price Target - BofA Securities downgraded Scorpio Tankers, lowering the price target to $53, which is based on a 5.0x multiple applied to estimated 2026 EBITDA, down from a prior 6.0x multiple [1] - Following the downgrade, shares of Scorpio Tankers fell more than 3% intraday [1] Group 2: Management Decisions and Market Outlook - The decision by Scorpio Tankers to lock in additional time-charter contracts indicates that management perceives current tanker rates as nearing peak levels [2] - BofA also highlighted the potential for a peace agreement between Russia and Ukraine, which could release additional product tanker capacity and exert downward pressure on freight rates [2] Group 3: Earnings and Rate Trends - BofA views Scorpio Tankers' earnings as approaching peak levels, with expectations that rates will trend lower in the future, leading to the downgrade [3]

Core Insights - Capital Link is organizing a series of online Company Presentations featuring senior management teams from leading publicly listed maritime companies to discuss business development, strategy, growth prospects, and sector outlook [1][2]. Company Presentations - The first presentation will be held on January 14, 2026, at 10:00 AM ET by Scorpio Tankers Inc. (NYSE: STNG), with subsequent presentations scheduled in the following weeks [2]. - A full list of participating companies and additional information can be found on Capital Link's dedicated webpage [3]. Webinar Structure - Each session will last no more than 45 minutes, including a company slide presentation followed by a live Q&A session with participants [4]. - All webinars will be archived for on-demand viewing after the live events [4]. Q&A Session - Participants can submit questions during the webinar or via email prior to the event [5]. Schedule of Presentations - The schedule includes various companies such as MPC Container Ships ASA, Navigator Gas, Euroseas Ltd., EuroDry Ltd., TEN Ltd., Global Ship Lease, Inc., d'Amico International Shipping S.A., Pyxis Tankers Inc., International Seaways, Inc., and Diana Shipping Inc. with specific dates and times for each presentation [6][7].

Core Viewpoint - Stinger Resources Inc. is proposing a non-brokered private placement of up to $160,000 to raise funds for general working capital, offering 3,200,000 units at a price of $0.05 per unit, each consisting of one common share and one warrant [1] Group 1: Offering Details - The offering will consist of up to 3,200,000 units priced at $0.05 each, with each unit including one common share and one warrant [1] - Each warrant allows the holder to purchase one common share at $0.06 within 24 months after the closing date of the offering [1] - Proceeds from the offering will be used for general working capital [1] Group 2: Insider Participation - It is anticipated that insiders of the company will participate in the offering, which may be considered a related party transaction [3] - Insider participation will be exempt from formal valuation and minority shareholder approval requirements due to the company's market capitalization not exceeding 25% of the securities distributed [3] Group 3: Company Background - Stinger Resources Inc. holds interests in gold and silver properties in British Columbia, including the Dunwell Mine and the Gold Hill property [5] - The company also owns the Silver Side property and has an optioned interest in the Ample Goldmax property [6]

Group 1 - Scorpio Tankers Inc. has entered into agreements to time charter-out two LR2 product tankers, STI Rose and STI Alexis, for five years at a rate of $29,000 per vessel per day, expected to commence in Q1 2026 [1] - The company currently owns or leases 93 product tankers, including 37 LR2 tankers, with an average age of 9.8 years [2] - Scorpio Tankers has agreements to sell three LR2 product tankers, expected to close in Q1 2026, and has reached agreements for four MR newbuildings under construction with deliveries expected in 2026 and 2027 [2] Group 2 - The company has two VLCC newbuildings with deliveries expected in the second half of 2028 and two LR2 newbuildings with deliveries expected in Q3 2027 [2] - Additional information about the company can be found on its website [2]

Cardston, Alberta--(Newsfile Corp. - December 16, 2025) - Stinger Resources Inc. (CSE: STNG) (the "Company") announces that it has granted incentive stock options to certain directors, officers and consultants of the Company to purchase up to an aggregate of 1,100,000 common shares of the Company pursuant to the Company's incentive share option plan. The options are exercisable for a period of 10 years at a price of $0.06 per share. The options, and any underlying common shares issued on exercise thereof, ...

Core Viewpoint - Scorpio Tankers Inc. has announced agreements to sell two 2016-built LR2 product tankers and to purchase two scrubber-fitted LR2 newbuilding product tankers, indicating a strategic shift in its fleet management [1]. Vessel Sales - The company has entered into agreements to sell the LR2 product tankers, STI Goal and STI Gallantry, for $52.3 million each, with expected closure in the first quarter of 2026 [2]. - STI Gallantry is financed through a 2021 Ocean Yield Lease Financing arrangement, with an outstanding lease obligation of $23.4 million to be repaid by the end of 2025 [2]. - STI Goal is financed through a 2023 $1.0 billion Credit Facility, with an outstanding debt balance of $13.8 million [2]. - Both vessels are due for a 10-year special survey and drydock in the second quarter of 2026, which will be the buyer's responsibility [2]. Newbuilding Vessel Purchases - The company has agreements to purchase two scrubber-fitted LR2 newbuilding product tankers for $70.8 million each, with construction taking place at Dalian Shipbuilding Industry Co., Ltd. in China and deliveries expected in the third quarter of 2027 [3]. Company Overview - Scorpio Tankers Inc. provides marine transportation of petroleum products globally, owning or leasing 93 product tankers, including 37 LR2 tankers, 42 MR tankers, and 14 Handymax tankers, with an average age of 9.8 years [4]. - The company has agreements to sell three LR2 product tankers, all expected to close in the first quarter of 2026 [4]. - Additionally, the company has agreements for four MR newbuildings under construction with deliveries expected in 2026 and 2027, two VLCC newbuildings with deliveries expected in the second half of 2028, and two LR2 newbuildings with deliveries expected in the third quarter of 2027 [4].