Advania Fall Conference, 8 September 2017 | Kristján Þór Hallbjörnsson, ICT Director

EIMSKIP - OUTSOURCING OF IT

Niche player in transportation in the North Atlantic

EIMSKIP AT A GLANCE

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Liner services in the North Atlantic and

worldwide freight forwarding services

Revenue 2016

EUR 514 m

Revenue 6M 2017

EUR 320 m

Market Cap

EUR 400 m as at 31 August 2017

63 own offices in 20 countries

in four continents

Worldwide associates network

22 vessels on six routes

in the North Atlantic

About

1,790 employees

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International network of 1,786 employees in 63 own offices in 20 countries in four continents and associates worldwide

OFFICES, EMPLOYEES AND ASSOCIATES

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63 own offices in 20 countries 1,786 employees

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36

81

Iceland

Europe and North America

Asia

South America

938693

150 5

Iceland

Europe and North America

Asia

South America

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NICHE PLAYER IN THE NORTH ATLANTIC

22 vessels in operation, 13 own and 9 chartered

VESSEL FLEET

Own Vessel Chartered Vessel

BLUE LINE

GODAFOSS

Built 1995

TEU 1,457

GT 14,664

YELLOW LINE

LAGARFOSS

Built 2014

TEU 875

GT 10,106

RED LINE

BAKKAFOSS

Built 2010

TEU 880

GT 9,983

BLIKUR

Built 2003

TEU 505

GT 4,454

SKÓGAFOSS

Built 2007

TEU 698

GT 7,545

LÓMUR

Built 2001

TEU 505

GT 4,454

ORANGE LINE

VIDFOSS

Built 1990

Reefer (bulk)

GT 3,625

OTHER OPERATIONS IN THE NORTH ATLANTIC

SELFOSS

Built 2008

TEU 698

GT 7,464

LAXFOSS

Built 1995

Bulk cargo

GT 1,682

REYKJAFOSS

Built 1999

TEU 712

GT 7,541

SVARTFOSS

Built 2005

Reefer (bulk/

TEU48)

GT 2,990

BALDUR

Built 1979

Ferry

GT 1,677

GREEN LINE

HOLMFOSS

Built 2007

Reefer (bulk/

TEU24)

GT 3,538

POLFOSS

Built 2008

Reefer (bulk/TEU24)

GT 3,538

STIGFOSS

Built 1990

Reefer (bulk)

GT 3,625

SÆRÚN

Built 1978

Ferry

GT 194

DETTIFOSS

Built 1995

TEU 1,457

GT 14,664

LANGFOSS

Built 1991

Reefer (bulk)

GT 3,625

NORDVÅG

Built 1979

Reefer (bulk/TEU44)

GT 2,854

AKRANES

Built 2007

Ferry

GT 118

VEGA OMIKRON

Built 2005

TEU 966

GT 11,500

HERJÓLFUR

Built 1992

Ferry

GT 3,354

GRAY LINE

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Niche market areas with rich natural resources and small population

HOME MARKET

MAINE, UNITED STATES1,330,000 inhabitants

NEWFOUNDLAND AND LABRADOR530,000 inhabitants

GREENLAND56,000 inhabitants

ICELAND330,000 inhabitants

THE FAROE ISLANDS50,000 inhabitants

NORTHERN NORWAY500,000 inhabitants

MURMANSK, RUSSIA300,000 inhabitants

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In the North Atlantic

SAILING SYSTEM

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In the North Atlantic

TERMINALS, CHILLED AND COLD STORAGES AND WAREHOUSES

Liner services in the North Atlantic and international forwarding services

EIMSKIP’S SERVICES

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Sea Land Air

Containers Bulk RORO*

Pa

sse

ng

ers

Con

tain

er

tru

cks

Trucks Warehouses

Con

tain

er

term

ina

l

Pa

sse

ng

ers

Cargo

Pa

sse

ng

ers

Fro

ze

na

nd

ch

ille

d (

FC

L)

Fro

ze

na

nd

ch

ille

d (

LC

L)

Dry

(F

CL)

Dry

(L

CL)

Fro

ze

na

nd

ch

ille

d

Dry

Ta

nks

Fro

ze

na

nd

ch

ille

d (

FC

L)

Fro

ze

na

nd

ch

ille

d (

LC

L)

Dry

(F

CL)

Dry

(L

CL)

Fro

ze

na

nd

ch

ille

d (

FT

L)

Fro

ze

na

nd

ch

ille

d (

LT

L)

Dry

(F

TL

)

Dry

(LT

L)

Tra

ins

Fro

ze

na

nd

ch

ille

d

Dry

Chill

ed

Dry

Iceland

The Faroe Islands

Norway

Newfoundland and Labrador

Europe and North America

Asia

South America

Liner services

Forwarding services

Both liner services and forwarding services*RORO: RORO (roll on / roll off) vessels are specialized in cargo with wheels, i.e. trailers and cars

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INF

SERVICE AND RESOURCES

Eimskip’s support and service agenda

VISION

INF will provide service to business units and processes, aiming at maximizing value for Eimskip’s customers

MISSION

Key issue is to secure stability and accessibility, providing flexible solutions which provide tangible value

INF will show ambition in adapting professional work methods and usage of standard best business practices

INF employees and partners are requested to have understanding of Eimskip’s business, as well as know how on the provided solutions

INFORMATION MANAGEMENT

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13

Technology

Stakeh

olders

Shareholders – Customers – Employees – Society

GovernanceContinuous Improvement / Business Process Owners

CustomerRelationship

LinerWarehouse

Mgmt.Trucking

Terminal Mgmt.

Container Operation

Marine Operation

Primary end-to-end global processes

Process Maintenance

Supportive end-to-end global processes

Financial Mgmt.

ProcurementBusiness

DevelopmentAsset

Maintenance

Infrastructure PM, BPM, Legal, etc.

IT Mgmt.

Enterprise Service Bus

Applications

Processes

Freight Forwarding

Bulk

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BUSINESS PROCESSES AND IT SOLUTIONS

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EIMSKIP’S CENTRAL IT DELIVERY

ROLES AND RESPONSIBILITY

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THE TEAM

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THE TEAM AND ITS PARTNERS

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Gratner recommondation

DEVELOPMENT PATH

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DISCLAIMER

Information contained in this presentation is based on sources that Eimskipafélag Íslands hf. (“Eimskip“ or the ”Company“) considers reliable at each time. Its accuracy or completeness can however not be guaranteed.

Copyright of information contained in this presentation is owned by Eimskip. This presentation, including information contained therein, may not be copied, reproduced or distributed in any manner, neither wholly nor partly.

This presentation is solely for information purposes and is not intended to form part of or be the basis of any decision making by its recipients. Nothing in this presentation should be construed as a promise or recommendation. Eimskip is not obliged to provide recipients of this presentation any further information on the Company or to make amendments or changes to this publication should inaccuracies or errors be discovered or opinions or information change.

Statements contained in this presentation that refer to the Company’s estimated or anticipated future results or future activities are forward-looking statements which reflect the Company’s current analysis of existing trends, information and plans. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially depending on factors such as the availability of resources, the timing and effect of regulatory actions and other factors. Eimskip undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this presentation. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. All forward-looking statements are qualified in their entirety by this cautionary statement.

By the receipt of this presentation the recipient acknowledges and accepts the aforesaid disclaimer and restrictions.

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