Global Ship Lease, Inc. Q4 FY2025 earnings call

• George Youroukos discussed supportive supply and demand trends, heightened geopolitical uncertainty, aggregate global containerized trade increase, strong demand for midsize and smaller container ships, $2,240,000,000 in contracted revenue over next 2.7 years, 99% contract coverage for 2026 and 81% in 2027, balance sheet transformation, dividend increase to $2.50 per common share annualized. • Thomas Lister talked about diversified charter portfolio with over $2,200,000,000 in forward contracted revenues, dynamic capital allocation policy for delevering balance sheet, returning capital to shareholders, patient and disciplined investment approach, purchase of three high-specification container ships and funding with proceeds from sale of older ships. • Anastasios Psaropoulos highlighted full-year earnings and cash flow up, cash position of $637,000,000 (with $164,000,000 restricted), lower outstanding debt, reduced leverage, lower borrowing costs, strong credit ratings, and ability to pay enlarged dividend

No specific product segments detailed with absolute financial performance and revenue contribution % provided in a way to summarize per segment; instead, focus on overall charter portfolio with over $2,200,000,000 in forward contracted revenues as of December 31, 2025, and additions of 52 charters for $1,260,000,000 in additional contracted revenues throughout 2025 and first two months of 2026

• Have over $2,200,000,000 in forward contracted revenues with 2.7 years of remaining contract cover. • Added 52 charters including options exercised for $1,260,000,000 in additional contracted revenues throughout 2025 and first two months of 2026. • Aim to continue building on track record, generating shareholder value by making Global Ship Lease, Inc. more competitive, robust, and resilient for long term

• Heightened geopolitical uncertainty including Middle East situation (Red Sea, Strait of Hormuz), tariffs, port fees, and regulatory trends which increase unpredictability and volatility, alter trade patterns, and make supply chains inefficient. • Geopolitical issues arising with increasing frequency and intensity affecting financial implications. • Potential normalization or downturn in market leading to sharp rise in scrapping activity and need to adapt to changes

Q: About freight and charter rates converging, A: Difficult to comment on freight market, but charterers remain to lock in charters at attractive rates with 99% of 2026 positions and over 80% of 2027 positions contracted.

Q: About cash allocation, A: Holding cash on balance sheet is valuable for moving on opportunities, like acquiring three 8,600 TEU ships.

Q: About SG&A jump, A: It's a non-cash item related to valuation of incentive plan.

Q: About impact of Middle East turmoil on business, A: No shift in time charters, but implications for liner company networks due to transshipment in regions like Jebel Ali.

Q: About long-term restricted cash, A: It's revenue received in advance, restricted and to be released following service of charter, duration around five years