EARNINGS RELEASE Q3 2015

www.navig8chemicaltankers.com

NOVEMBER 18th, 2015

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DISCLAIMER

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delivery, values of the assets of the Company and the potential future revenue and EBITDA these assets may yield under current or future contracts, the potential future revenues and cash flows of the Company, the

potential future demand and market for the Company’s assets, the potential value of the ordinary shares of the Company and the Company’s equity and debt financing requirements and its ability to obtain financing in a

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assumed to update any forward‐looking statements or to conform these forward‐looking statements to our actual results.

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Established in 2013 by the Navig8 Group to capitalise on

the significant changes in the petrochemical industry

Best-in-class chemical tanker platform combining:

• Fleet of 36 fuel-efficient newbuildings with

exclusively modern eco-designs

• Expertise of the world’s leading pool and commercial

management provider

Large vessels strategically selected to take advantage of

the continuing shift to long-haul chemical trades

Complementary mix of primarily interline coated and

stainless vessels that captures the full range of chemicals,

including specialized types

Early mover advantage

Leading Chemical Tanker and Commercial Platforms OVERVIEW

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Headquartered in London, established in March 2007

Global network of 13 offices with 350+ employees

Manages 16 shipping pools in 4 shipping segments:

crude, product, chemicals and dry bulk

• 300+ vessels under management, including 80 vessel

newbuilding program

• Diverse pool member base with 54 owners from 18

countries

Unrivalled network of relationships

• Deep knowledge of global commodity flows and

transportation

• Proximity to customers and regional markets

• In-house research

NAVIG8 CHEMICALS TANKERS INC Leading platform with a fleet of large, high specification chemical tankers

NAVIG8 GROUP Largest independent commodity transportation company in the world

RECENT DEVELOPMENTS

Took delivery of six vessels, total operating fleet of 18 today, all deliveries

within schedule

Two IMO II 49k-dwt chemical tankers (“V-class”) and 16 IMO II interline coated 37k-dwt chemical tankers (“A-class”)

Vessels currently operating in Navig8 Group’s Chronos8 (49k) and Delta8 (37k) pools

Expanding fleet days and revenue/cash flow generation

Increase in average daily earnings across the fleet

A-class vessels averaged TCE $22,958 per day

V-class vessels averaged TCE $24,052 per day

Revenue of $28.7 million and a net gain of $9.6 million, or $0.25 per share

Interline coated fleet gains industry-wide acceptance

Successfully performed first Methanol liftings

Approval from major industry players (Sabic, Methanex among others)

Placed order for 4 additional IMO II 49k-dwt chemical tankers (“T-class”) with

options for 6 further vessels in October 2015

Same technical specifications as current committed order at STX

Delivery Q1-Q3 2017

RECENTDEVELOPMENTS For the quarter ended September 30, 2015

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FLEET CONSTRUCTION SCHEDULE (As of November 18th, 2015)

STRATEGICASSETS Large, high specification eco tankers from top quality yards

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Average DWT 37,000 dwt;

2.5 times industry average

Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17

Navig8 AlmandineNavig8 Amber

Navig8 AmethystNavig8 Ametrine

Navig8 AventurineNavig8 Andesine

Navig8 AmazoniteNavig8 Aronaldo

Navig8 AquamarineNavig8 AxiniteNavig8 Amessi

Navig8 AmmoliteNavig8 AzuriteNavig8 Azotic

Navig8 AdamiteNavig8 AragoniteNavig8 AlabasterNavig8 Achroite

Navig8 SiriusNavig8 Sky

Navig8 SparkNavig8 StellarNavig8 Saiph

Navig8 Sceptrum

Navig8 SpicaNavig8 Sol

Navig8 TurquoiseNavig8 Topaz

Navig8 TourmalineNavig8 Tanzanite

N8CT N/BN8CT N/BN8CT N/BN8CT N/B

Navig8 VictoriaNavig8 Violette

Feb-15

Mar-15

May-15

Aug-15

Apr-15 Apr-15

May-15

Jul-16

Jun15

Jul-15

Jun-15

Jul-15 Aug-15

Oct-15 Nov-15

Jan-16

Sep-16

Oct-16

Nov-16

Mar-17

May-17

Jun-17

Sep-17

Feb-16

May-16

Jun-16 Jul-16

Jan-15

Mar-15

Mar-15

Sep-15

Sep-15

TODAY YEAR-END

Feb-17 Apr-17

Jun-17

Jul-17

A-CLASS (IMO II 37,000 DWT INTERLINE 9001)

S-CLASS (IMO II 25,000 DWT STAINLESS STEEL)

T-CLASS (IMO II 49,000 DWT INTERLINE 9001)

V-CLASS (IMO II 50,000 DWT EPOXY)

MARKET

Increasing trade volumes push vessel earnings higher, especially for larger chemical tankers

MARKETOUTLOOK

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Chemical tanker earnings and time charter rates increased in Q3 2015 Biggest increases were in the larger chemical tanker sizes A number of longer haul trades have been firmer:

- Americas & Europe to Asia - US Gulf to Europe - Asia to the US Gulf - Middle East going East & West

Chinese chemical imports running well above 2014 levels

These developments are in line with forecast projections of rising long-haul trades and

strong growth in ton-mile demand, exceeding gains in chemical tanker fleet capacity

Representative 1-Year Chemical Tanker TC Rates (for epoxy coated vessels)

Source: Clarksons

Chinese chemical imports show strong growth in 2015; supporting the shift in economic focus

MARKETOUTLOOK

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Strong growth in China’s chemical industry is forecast to continue, supporting the shift towards a consumer led economy So far this year, chemical imports are up by 14% Highlights the diverging trend between the rising chemical sector (going in to light manufacturing, higher value consumer goods & fuel blending) and the sharp declines seen in the heavy industrial sectors, such as steel, iron ore and coal Main increases in Chinese chemical imports have been seen in p-Xylene, Methanol and Benzene; with Methanol requiring zinc coated, stainless steel or Interline 9001/ Marineline coated vessels

Chinese chemical imports have been consistently stronger year-on-year since February this year

Chinese imports of main chemicals

million tons

Jan-Sep 2014

Jan-Sep 2015 chg % chg

Methanol 3.2 4 +0.9 +27%

Benzene 0.5 1 +0.5 +114%

Ethylene Glycol 6.5 6.7 +0.2 +3%

Styrene 2.9 2.8 -0.1 -4%

p-Xylene 7.1 8.9 +1.8 +25%

Toluene 0.8 0.6 -0.3 -31%

MTBE 0.3 0.2 -0.1 -34%

Total 21.2 24.1 +2.9 +14%

Source: China Customs Statistics

Limited increases in chemical tanker supply at a time of strong ton-mile demand growth

MARKETOUTLOOK

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The current orderbook is relatively low at only 12.1% of the fleet After accounting for scrapping and removals, forecast fleet growth is modest Overall growth is projected at only 3.3 million dwt by the end of 2017, equivalent to 2.7% CAGR Forecast increase in the larger chemical fleet is expected to be much lower than forecast growth in long-haul demand from the Middle East, the US and the Caribbean. Limited opportunities for more orders to be placed for delivery before 2018 Chemical Tanker Orderbook vs Growth in Chemical Tanker Demand to 2017

Source: MSI, Navig8 Research

million dwt Firm

Orders (a) Existing

Fleet Orderbook

Ratio Removals &

Scrapping to 2017 Fleet Growth

to 2017 Demand Growth

to 2017

1-30,000 dwt 2.43 28.14 8.6% -1.0 +0.9 Short Haul +0.5

30,000+ dwt 2.90 16.06 18.1% -0.2 +2.4 Long Haul +4.6

Total 5.33 44.20 12.1% -1.2 +3.3 Total +5.1

The majority of the chemical fleet will remain below 30,000 dwt and

not best suited for the forecast increase in long-haul trade

(a) Deliveries are through to 2018/19

Source: Navig8 Research

FINANCIALS

OPERATINGRESULTS Consolidated results for the quarter ended September 30th, 2015

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INCOME STATEMENT DATA For the three months ended 30 September

For the nine months ended 30 September

US$ millions, unless otherwise stated 2015 2014 2015 2014

Results

Revenue 28.7 - 46.4 -

Vessel expenses (8.0) - (13.2) -

General and administrative expenses (1.6) (1.3) (5.3) (2.7)

EBITDA(1) 19.1 (1.3) 27.9 (2.7)

Depreciation and amortization (5.2) - (9.2) -

EBIT 13.9 (1.3) 18.7 (2.7)

Financial items (4.3) * (7.2) *

Net gain/(loss) 9.6 (1.3) 11.5 (2.7)

Earnings per common share $0.25 $(0.05) $0.32 $(0.13)

OTHER OPERATING DATA Third Quarter 2015 Second Quarter 2015

37k dwt

HMD Vessels

49k dwt

Vinashin Vessels

37k dwt

HMD Vessels

49k dwt

Vinashin Vessels

Number of vessels on the water at the end of the month 15 2 9 2

Average TCE(2) in $ / day 22,958 24,052 19,757 20,759

Total operating days 1,099 184 537 181

Average operating costs (3) in $ / day 5,275 5,502 5,392 5,414

(1) EBITDA is defined as earnings before interest, taxes, depreciation and amortization. This non-GAAP measure is presented in this press release as the Company believes it provides investors with a means of evaluating and understanding how Navig8 Chemical Tankers Inc.’s management evaluates operating performance. The non-GAAP measure should not be considered in isolation from, as substitutes for, or superior to financial measures prepared in accordance with U.S. GAAP. In addition, the non-GAAP measure do not have standardized meanings, and are therefore unlikely to be comparable to similar measures presented by other companies. (2) Time charter equivalent, or TCE revenue, a non-US GAAP measure, is vessel revenues less voyage expenses (including bunkers and port charges). TCE revenue is included herein because it is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company’s performance irrespective of changes in the mix of charter types (i.e., spot charters, time charters, and pool charters), and it provides useful information to investors and management. (3) Operating costs per day are routine operating expenses and comprise crewing, repairs and maintenance, insurance, stores lube oils, communication costs and technical management fees. * Less than 50,000

BALANCESHEET Consolidated balance sheet as of September 30th, 2015

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(1) Balance includes $8.3 million of restricted cash. * Less than 50,000

BALANCE SHEET DATA As at

US$ millions, unless otherwise stated September 30, 2015 December 31, 2014

Cash(1) 61.1 40.4

Receivables, Inventories and Other Assets 26.0 *

Vessels and Instalment Payments

Vessels, net 559.0 -

Vessels, finance lease 83.1 -

Vessels under construction 150.3 284.8

Vessel related deposits - 9.2

Total Assets 879.5 334.4

Debt and Capital Lease Obligations -

Obligations under finance lease 72.9 -

Current portion of long-term bank loans 51.6 -

Long-term bank loans 338.0 -

Payables and Accruals 7.2 1.0

Equity 409.8 333.4

Total Liabilities and Equity 879.5 334.4

HIGHLIGHTS

KEYHIGHLIGHTS

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ACCELERATING INVESTMENT IN EXPORT ORIENTED CHEMICAL PLANTS

CHINA’S TRANSITION TO CONSUMER ECONOMY DRIVES DEMAND FOR

ORGANIC CHEMICALS

ORDERBOOK BELOW FORECAST DEMAND GROWTH

FLEET DESIGNED FOR LONG-HAUL TRADE

EARLY MOVER ADVANTAGE

STRONG SHAREHOLDER BASE