NewLead Holdings Ltd. LD Micro Conference June 1, 2015 Forward - - PowerPoint PPT Presentation

Corporate Presentation

NewLead Holdings Ltd.

June 1, 2015

LD Micro Conference

Monday, June 1, 2015 1

Forward Looking Statement

Forward Looking Statement This presentation includes assumptions, expectations, projections, intentions and beliefs about future events. These statements, as well as words such as "anticipated," "estimated," "projected," "plan," and "expect," are intended to be ''forward-looking statements” (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). We caution that assumptions, expectations, projections, intentions and beliefs about future events may vary from actual results and the differences can be material. Such “forward looking” statements in this presentation are based on assumptions and expectations deemed reasonable by NewLead, as well as information available to NewLead, at the time this presentation was

• made. Although NewLead believes its assumptions are reasonable for its projections, it can give

no assurance that such projections will be attained. The Company undertakes no obligation to update any forward-looking statements even if it

• btains new information or becomes aware of future events, unless it is required to do so under

the securities laws. The Company makes no prediction or statement about the performance of its common stock.

Monday, June 1, 2015 2

Engine Control Room: the heart of a ship The heart of shipping beats at a vessel’s engine room 20 ships you didn’t realize you used today…everyday dry bulk commodities are brought to you by bulk carriers

(Intercargo, the International Association of Dry Cargo Shipowners)

Dry Bulk Shipping: Will It Ever Recover?

(Morgan Stanley, Maritime Industries April 2015)

On 18 February, the BDI - Baltic Dry Index - hit an all-time low of 509

(BIMCO, the world’s largest international shipping association)

Anaemic demand growth is here to stay, especially as the trade development in coal and iron ore into China is expected to decline further

(Drewry, May 2015)

The Tanker Market Is Sending a Big Warning to Oil Bulls

(Bloomberg.com, May 27, 2014)

China asphalt demand growing 5% per annum Russia's bitumen demand growing at 10% per annum, to reach 9 - 10 million tons by 2015

(Petrosil.com)

The global market for bitumen is expected to reach USD 95.77 billion by 2020

(Grand View Research, Inc)

Shipping Always and Today

Monday, June 1, 2015 3

Overview

International, vertically integrated shipping and coal processing company Ideal solutions for worldwide transportation of dry bulk commodities and petroleum products Diversified fleet of dry bulk and tanker vessels Owned and third party managed vessels Securities and Exchange Commission (“SEC”) reporting In compliance and current with all applicable SEC rules and regulations and reporting requirements

Monday, June 1, 2015 4

Profile

2014 - A Transformational Year for the Company

Delivery of three Eco-type Handysize dry bulk carriers and five Asphalt/Bitumen Oil tankers Fleet of ten vessels and one third party managed vessel Average fleet age of 9.2 years for the dry bulk and 6.2 years for the asphalt/bitumen oil tankers Entry in a niche oil market with upside from growing demand in oil and bitumen

Prudent Commercial Management

Experienced in-house chartering department capable to capitalize on responses to market conditions Balanced employment strategy among long term period charters, spot employment and COAs Capitalization of strong commercial relationships with charterers, trading companies and oil majors Knowledgeable S&P in-house department with access to numerous shipyards and respectable S&P brokers Fleet utilization as of December 31, 2014 of 92.4%

Competent Operating Platform

In-house commercial, operational and technical ship management Dedicated operations sustaining efficient fleet performance Skilled technical department maintaining vigorous safety and quality control standards Competitive OpEx per vessel per day due to integrated ship management services

Enhanced Transparency

Independent Board of Directors with solid shipping expertise Corporate Governance structure to ensure commitment to conduct all affairs with trust and integrity Code of Business Conduct and Ethics implemented by the Board of Directors Corporate Governance practices routinely reviewed and modified to meet current best practices

Monday, June 1, 2015 5

Facts and Figures

Blend of vessels is NewLead’s competitive advantage Revenue mix allows mitigation of charter rate fluctuations; stable cash flow during shipping cycles

5 5 1

NUMBER OF VESSELS Dry bulk vessels Aspahlt/Bitumen Oil tanker vessels Third party managed Oil tanker vessel AVERAGE FLEET AGE (as of end of May 2015) DRY BULK CARRIERS 9.2 YEARS ASPHALT/BITUMEN OIL TANKERS 6.2 YEARS

3 5 2

FLEET EMPLOYMENT PROFILE Time Charter Spot Charter Contract of Affreightment

KEY FIGURES TOTAL FLEET UTILISATION Q1 2015 90.75% DRY FLEET UTILIZATION Q1 2015 97.81% WET FLEET UTILIZATION Q1 2015 98.69% CONTRACTED AVAILABLE DAYS 2015 42%

Accretive fleet growth strategy to expand fleet Continuous market monitoring and evaluation Responsive chartering strategy to market assessment Maintenance of vessel condition to superior standards Reduced OpEx while preserving high quality standards

Fleet: Growth - Optimization - Diversification - Balance

Monday, June 1, 2015 6

Commercial, Technical and Operational Management

In-house ship management companies Newlead Bulkers S.A.: Dry bulk Carriers

In-house ship management companies; commercial and quality competence Investment in the welfare of onshore and offshore personnel; NewLead’s most valuable asset Personnel with years of experience in shipping; 55 employees ashore in our offices and 245 crew members Operational flexibility; quality in every single management procedure Strong relationships with industrial partners; relationship of mutual respect and trust

SAFETY IS NEWLEAD’S TOPMOST PRIORITY CREW SAFETY ENVIRONMENTAL PROTECTION

Newlead Shipping S.A.: Oil Tankers

INTEGRATION ONE-STOP WORLDWIDE SEABORNE TRANSPORTATION SERVICES QUALITY COMPETENCE OPEATIONAL FLEXIBILITY EXPERIENCED PERSONEL STRONG INDUSTRY RELATIONSHIP ASPHALT/BITUMEN OIL TANKER ABILITY IS TO KEEP TEMPERTURE OF CARGO AT 200 O C (392 O F) OPEARTIONAL FLEXIBILITY

Monday, June 1, 2015 7

Constant Commercial Competence

Adaptive, prudent and opportunistic chartering strategy Continuous evaluation of market conditions and trends Capitalization on commercial relationships with oil majors and traders; competitive employment of asphalt/bitumen oil tankers Capturing trading opportunities despite market conditions in the dry bulk sector Cash flow stability Sustainable revenues Opportunity to participate in market turnarounds Limiting counterparty risk

FLEET UTILIZATION PER VESSEL 2014 FLEET UTLIZATION PER SECTOR 2013-2014 Optimum balance among long term period charters, spot employment and contracts of affreightment

VESSEL 2014 NEWLEAD VICTORIA 98.59% NEWLEAD CASTELLANO 95.94% NEWLEAD ALBION 90.22% NEWLEAD VENETICO 93.82% NEWLEAD MARKELA 89.47% VESSEL 2014 NEWLEAD GRANADINO 100.00% NEPHELI 100.00% SOFIA 90.30% KATERINA L1 76.50% IOLI1 67.67%

• 1. In 2014 the Katerina L and the Ioli underwent scheduled repairs

Monday, June 1, 2015 8

Strong Commercial Relationships

Competitive employment profile of asphalt/bitumen oil tankers with reputable counterparties DRY BULK CHARTERES ASPHALT/BITUMEN OIL CHARTERES Diversified dry bulk charterers; longlisting commercial relationships with leading dry bulk charterers

Monday, June 1, 2015 9

Continuous Operational Competence

ASPHALT/BITUMEN OIL TANKERS

International Maritime Organization (IMO) regulations and responsibilities MARPOL 73/78 requirements; recognizing environmental care Ship operations in accordance with ISO 14001:2004 and ISO 50001:2011 Experienced technical department ensuring quality and safety while containing OpEx Improved transparency; allowing effective management of third-party vessels Constant investment in the maintenance and improvement of the vessels’ condition NewLead mandates at least two inspections per year for each vessel Test of cargo pumps and critical equipment prior every loading and discharging of asphalt/bitumen oil tankers

DRY BULK CARRIERS APPROVALS

Monday, June 1, 2015 10

Trading Routes

Appendix A

Dry bulk Carriers and Asphalt/Bitumen Oil Tankers

Dry bulk carrier: Newlead Victoria Asphalt/Bitumen Oil tanker: Nepheli

Monday, June 1, 2015 11

Commodity Importing Countries Exporting Countries Aggregates Norway, Scotland Alumina China, USA, Ukraine Indonesia, Australia, Jamaica Bauxite China, USA, Ukraine Indonesia, Australia, Jamaica Cement United States, France, Russia Turkey, China, Thailand Coal Asia, Western Europe Australia, Indonesia, United States Copper China, Japan, India Chile, Peru Grains Asia Pacific region (excluding Japan), Latin America, Africa, Middle East United States, Argentina, Canada, Australia Gypsum India, Japan Thailand, Germany

Dry bulk Principal Trading Routes

Note: The map shows all principal dry bulk trading routes for all different dry bulk carrier sizes

North America South America Africa Australia Europe Asia

Commodity Importing Countries Exporting Countries Iron Ore China, European Union, Japan, South Korea Iron Ore, Australia, Brazil Nickel Ore China Indonesia, Australia Potash China, India, Brazil Canada Salt Japan, United States, Taiwan Australia, Mexico, Netherlands Steel China, United States, South East Asia Japan, Russia, Western Europe Sugar Japan, Tunisia, United Kingdom China, Thailand, France Sulphur China, Morocco Canada, Russia Timber Baltic, North America Woodchips China Australia, Brazil

Dry bulk carrier: Newlead Castellano

Monday, June 1, 2015 12

Loading Port Discharging Port South America China South America Korea South America Japan South America Continent (Rotterdam, UK, Amsterdam, Baltic Sea) US Gulf China US Gulf Korea, Japan US Gulf Continent (Rotterdam, UK, Amsterdam, Baltic Sea) USA, East Coast Continent (Rotterdam, UK, Amsterdam, Baltic Sea) USA, East Coast Turkey USA, East Coast India USA, East Coast China USA, East Coast Korea USA, East Coast Japan South Africa India South Africa China South Africa Rotterdam Indonesia India Indonesia China

Loading Port Discharging Port China West Africa South East Asia West Africa West Coast Canada China West Coast Canada Japan West Coast Canada Korea East Coast Australia India East Coast Australia Japan East Coast Australia Korea West Coast Australia Persian Gulf/ South East Asia West Coast Australia China North China South East Asia South Korea South East Asia New Zealand India New Zealand Japan New Zealand China Continent (Rotterdam, UK, Amsterdam, Baltic Sea) East Coast South America Continent (Rotterdam, UK, Amsterdam, Baltic Sea) US Gulf Fujairah Messaieed Note: The tables show all principal dry bulk trading routes for all different dry bulk carrier sizes

Dry bulk Principal Trading Routes

Monday, June 1, 2015 13

Asphalt/Bitumen Oil Tankers Principal Trading Routes

Notes:

• 1. The map shows all principal asphalt/bitumen oil tankers principal trading routes
• 2. Ashalt and bitumen is produced and traded globally from all oil major refineries as a crude oil by-product

North America South America Africa Australia Europe Asia

Asphalt/Bitumen Oil tanker: Ioli Motor-Oil Refinery

North America South America Africa Australia Europe Asia ASPHALT/BITUMEN OIL TANKER ABILITY IS TO KEEP TEMPERTURE OF CARGO AT 200 O C (392 O F)

Monday, June 1, 2015 14

Asphalt/Bitumen Oil Tankers Principal Trading Routes

Notes:

• 1. The table shows all principal asphalt/bitumen oil tankers principal trading routes
• 2. Ashalt and bitumen is produced and traded globally from all oil major refineries as a crude oil by-product

Loading Port Discharging Port Greece, Piraeus Libya/Lebanon Greece, Piraeus Alexandria Greece, Piraeus South Turkey Greece, Piraeus Black Sea Greece, Piraeus Yanbu Greece, Piraeus Cyprus Greece, Piraeus Persian Gulf (PG) Albania, Vlore Libya/ Lebanon Albania, Vlore South Turkey Albania, Vlore Black Sea Albania, Vlore Yanbu Albania, Vlore Persian Gulf (PG) Central Coast America West Coast America US Gulf US Gulf (Intra US Gulf) East Coast America East Coast America East Coast South America East Coast South America East Coast America Continent (Rotterdam, UK, Amsterdam, Baltic Sea)

Loading Port Discharging Port East Coast America Canada Italy, Augusta, Ravenna, Taranto, Livorno Yanbu/Libya/Lebanon Italy, Augusta, Ravenna, Taranto, Livorno Morocco/ Saudi Arabia/ Algeria Italy, Augusta, Ravenna, Taranto, Livorno South Turkey Italy, Augusta, Ravenna, Taranto, Livorno Black Sea Italy, Augusta, Ravenna, Taranto, Livorno Persian Gulf (PG) Spain Canary Islands Spain Libya Spain Algeria Spain Tunisia Spain Sicily Spain West Africa Spain Morocco Singapore China China Australia Korea Japan Belgium, Antwerp/Netherlands, Flushing France, Dunkirk

Monday, June 1, 2015 15

NewLead Dry bulk Carriers Trading Routes

Notes: 1.The map shows NewLead's dry bulk vessels trading routes for all different dry bulk vessel sizes controlled by NewLead

• 2. The charts show the cargoes transported by NewLead’s dry bulk vessels in 2013 - 2014

North America South America Africa Australia Europe Asia

Dry bulk carrier: Newlead Albion Dry bulk terminal: Montreal Dry bulk terminal: Melbourne

Monday, June 1, 2015 16

Loading Port Discharging Port China West Africa South East Asia New Zealand Indonesia India China South East Asia South Korea East Coast USA South Korea East Coast Canada South Korea South East Asia South Korea Turkey East Canada Morocco Russia Pacific (Nakhodka) South East Asia West Coast Australia Japan Mina Saqr Shuaiba Taman Egypt Novorossiysk Mobile New Orleans El Dekheila Kavkaz Jebel Ali/ Abu Dhabi Kavkaz Persian Gulf (PG) Paranagua Persian Gulf (PG)

NewLead Dry bulk Carriers Trading Routes

Note: The table shows NewLead's dry bulk carriers trading routes for all different dry bulk carrier sizes controlled by NewLead Dry bulk carrier: Newlead Markela

Monday, June 1, 2015 17

NewLead Seaborne Trade by Type of Cargo 2013 - 2014

2013

Million Tons Million Tons

2014 2013 total seaborne trade: 698,345 tons 2014 total seaborne trade: 1,368,629 tons

Note: NewLead had a fleet of five dry bulk carriers Note: NewLead had a fleet of two dry bulk carriers

Monday, June 1, 2015 18

NewLead Asphalt/Bitumen Oil Tanker Trading Routes

North America South America Africa Australia Europe Asia

Notes:

• 1. The map shows NewLead’s asphalt/bitumen oil tankers trading routes
• 2. Ashalt and bitumen is produced and traded globally from all oil major refineries as a crude oil by-product

Motor-Oil Refinery

Asphalt/Bitumen Oil tanker: Newlead Granadino

ASPHALT/BITUMEN OIL TANKER ABILITY IS TO KEEP TEMPERTURE OF CARGO AT 200 O C (392 O F)

2013 trade: 128,649 tons 2014 trade: 219,016 tons

Monday, June 1, 2015 19

Loading Port Discharging Port

Greece, Piraeus Libya/ Lebanon Greece, Piraeus Alexandria Greece, Piraeus South Turkey Greece, Piraeus Black Sea Greece, Piraeus Yanbu Greece, Piraeus Cyprus Greece, Piraeus Persian Gulf (PG) Albania, Vlore Libya/ Lebanon Albania, Vlore South Turkey Albania, Vlore Black Sea Albania, Vlore Yanbu Italy, Augusta, Taranto, Livorno Yanbu, Libya, Lebanon, Morocco Saudi Arabia, Algeria Spain, Tarragona Tunisia Bahrain Jubail Antwerp, Belgium/ Netherlands, Flushing France, Dunkirk

NewLead Asphalt/Bitumen Oil Tanker Trading Routes

Notes:

• 1. The table shows NewLead’s asphalt/bitumen oil tankers trading routes
• 2. Ashalt and bitumen is produced and traded globally from all oil major refineries as a crude oil by-product

Asphalt/Bitumen Oil tanker: Katerina L Motor-Oil Refinery

Monday, June 1, 2015 20

Market Update

Appendix B

Dry bulk carrier: Newlead Victoria Asphalt/Bitumen Oil tanker: Newlead Granadino

Monday, June 1, 2015 21

Dry Bulk Supply Update

Source: Clarksons Research Services Million DWT Million DWT

76.1 106.3 246.6 320.2 300.1 305.5 232.7 140.2 172.5 173.9 147.7

0.0 50.0 100.0 150.0 200.0 250.0 300.0 350.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

DRY BULK VESEELS ORDERBOOK

7.1% 6.7% 6.6% 6.7% 10.1% 17.0% 14.9% 10.6% 5.7% 4.4% 0.5% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 90.00% FLEET GROWTH ORDERBOOK/FLEET 0.96 1.76 0.54 5.56 10.56 6.54 23.24 33.42 23.32 16.18 14.61

DRY BULK VESSELS DEMOLITION

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 72 73 73 75 77 77 83 87 88 88 89 89 103 112 121 132 144 171 210 250 280 294 308 306 86 94 102 108 114 120 135 152 170 185 193 195 61 67 72 77 84 93 111 131 147 158 166 171 100 200 300 400 500 600 700 800 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 HANDYSIZE FLEET CAPESIZE FLEET PANAMAX FLEET HANDYMAX FLEET Million DWT

Monday, June 1, 2015 22

Dry Bulk Supply Update

Dry bulk Carriers Fleet Growth: Decreasing at less than 10 year average

Fleet growth decreased lower than 5% for 2014 For the first four months of 2015 it has been only 0.55% 2015 fleet growth expected to be lower than 3% 2016 is expected to be less than 4%

Dry bulk Carriers Newbuilding Orderbook

Dry bulk orderbook decreased; less than 10 year average (2012 - 2015) Conversions, cancellations and slippage to affect delivery schedule for 2015 and 2016 New orders have crashed to 20 year low Average new orders from January to April 2015 estimated at 0.4 million dwt per month For the first four months of 2015 at 98% less than the 23.0 million dwt peak in 2007

Dry bulk Carriers Demolition

Surge in dry bulk demolition since the start of 2015; almost 90% of 2014 Record high demolition at 30.8 million dwt since the beginning of 2015 Expected to grow due to oversupplied fleet, moderate global dry bulk trade growth and low vessel earnings ASSET VALUES AT MULTI-YEAR LOWS NEWBUILDING ORDERS AT 20 YEAR LOW FLEET GROWTH FOR 2015 & LESS THAN 10 YEAR AVERAGE RECORD HIGH DEMOLITION

Monday, June 1, 2015 23

Dry Bulk Demand Update

Dry bulk outlook stands at 2.35% for 2015; 2014 growth was 4.97% Dry bulk market, traditionally supply-driven, numerous years of oversupply Recent demand downturn expected to influence the dry bulk market distress further

Dry Bulk Trade 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2015 (%) (in million tons) Iron Ore 662 713 777 841 898 991 1053 1110 1189 1336 1409 5.46% Coal 673 711 768 793 807 930 1000 1123 1179 1210 1201

• 0.74%

Grain & Soybean 274 292 306 319 321 343 345 374 387 430 429

• 0.23%

Bauxite & Alumina 70 78 93 97 74 96 113 107 139 105 108 2.86% Steel Products 238 263 289 287 212 248 270 279 288 307 307 0.00% Minor Dry Bulk 877 930 985 975 905 996 1060 1106 1148 1157 1198 3.54% Total Dry Bulk 2794 2987 3218 3312 3217 3604 3841 4099 4330 4545 4652 2.35% Growth

• 6.91%

7.73% 2.92%

• 2.87% 12.03%

6.58% 6.72% 5.64% 4.97% 2.35%

• Iron ore & coal

(Ton change)

• 89

121 89 71 216 132 180 135 178 64

• Ton Growth
• 6.67%

8.50% 5.76% 4.35% 12.67% 6.87% 8.77% 6.05% 7.52% 2.51%

• Grain & Other Minor

(Ton change)

• 104

110 5

• 166

171 105 78 96 37 43

• Ton Growth
• 7.13%

7.04% 0.30%

• 9.89% 11.31%

6.24% 4.36% 5.14% 1.89% 2.15%

• Source: Clarksons Research Services

China’s swift in renewable-clean energy; detrimental effect on coal and dry bulk trading internationally Decline in trade of coal and iron ore heavily effected international dry bulk trading Dry bulk demand decline expected to continue

Monday, June 1, 2015 24

Asphalt/Bitumen Oil Tanker Supply Update

293 asphalt/bitumen oil tankers in the water Total deadweight capacity of asphalt/bitumen oil tankers 1,460,526 dwt Modern fleet base 109 vessels are less than 10 years old with 199 of them being less than 20 years old 381,300 dwt less than five years old and 763,100 dwt less than 10 years old

381.3 381.8 214.3 120.3 102.7 35.3 153 30.1 33.6 4.9 2.7 THOUSAND DWT 2015-2011 2010-2006 2005-2001 2000-1996 1995-1991 1990-1986 1985-1981 1980-1976 1975-1971 1970-1966 1965-1961 39 70 72 18 31 14 27 8 11 1 2 NUMBER OF VESSELS 2015-2011 2010-2006 2005-2001 2000-1996 1995-1991 1990-1986 1985-1981 1980-1976 1975-1971 1970-1966 1965-1961

Year built Year built

Source: Wake Marine Ltd.

Monday, June 1, 2015 25

Bitumen Supply and Demand

Gains on crude/fuel oil markets cause upward trend to bitumen demand Bitumen demand influenced by infrastructure, road projects and road repairs Political stability and infrastructure development influence bitumen demand Asphalt/bitumen applications ensure constant demand for its transportation worldwide

Asphalt/Bitumen Demand Update and Application

Source: Argus Media, Bitumen Report

Asphalt/Bitumen Applications

Road Construction: used for road construction; withstanding heavy traffic burden and extreme environmental conditions Agriculture: used in paved barn floors, barnyards, feed platforms, tree paints (as a protective material) Buildings & Industrial Paving: waterproofing properties; durability and resistance to heavy loads; Hydraulics & Erosion Control: applied in hydraulics and erosion control in fields Industrial Use: used for insulation and lamination, coatings, electrical insulating compounds, papers, tapes, wire Paving: used in airport runways, asphalt blocks, highways, roads, streets, shoulders Railways: used in ballast treatment, station platforms, dust laying Recreation: can be used in sport arenas, school yards, race tracks

Monday, June 1, 2015 26

Company Information

Appendix C

Monday, June 1, 2015 27

NewLead Fleet

Vessel Name Vessel Type Year Built Size (dwt) Charter Expiration Date Dry Bulk Carriers

2015 Contracted Available Days1: 44.6%

Newlead Castellano Eco-type Handysize 2013 35,542 Spot Newlead Albion Eco-type Handysize 2012 32,318 Spot Newlead Venetico Eco-type Handysize 2012 32,394 Spot Newlead Victoria Panamax 2002 75,966 Q2 - Q3 2018 Newlead Markela Panamax 1990 71,733 Q2 2016 Tanker Vessels

2015 Contracted Available Days1: 39.35%

Newlead Granadino Asphalt/Bitumen Oil Tanker 2009 5,887 Spot Nepheli Asphalt/Bitumen Oil Tanker 2009 3,416 Q3 2015 Ioli Asphalt/Bitumen Oil Tanker 2009 3,370 Q1 2016 Katerina L Asphalt/Bitumen Oil Tanker 2009 3,357 Q4 2015 Sofia Asphalt/Bitumen Oil Tanker 2008 2,888 Spot Gema2 Oil Tanker 2001 19,831 Spot

Notes:

• 1. As of end of May 2015
• 2. Third party managed vessel

Dry bulk carrier: Newlead Victoria Asphalt/Bitumen Oil tanker: Sofia

Monday, June 1, 2015 28

Board of Directors: 100 years of cumulative experience

Spyros Gianniotis

Deputy Chairman and Non-Executive Officer Class III Director, Since October 2009 25 years of experience in the banking sector Chief Financial Officer of NYSE listed Aegean Marine Petroleum Network Inc. since 2008 Assistant General Manager and Head of Shipping at Piraeus Bank S.A. from2001 to 2008 Banking Executive at Citigroup holding various positions in Athens, Piraeus and New York Queens College, CUNY, BA Maritime College, SUNY, MSc Wagner College, MBA

Panagiotis Skiadas

Non-Executive Officer Class III Director, Since June 2005 Environmental Manager and Climate Change Manager at VIOCHALCO S.A. since 2006 Environmental Manager at ELVAL S.A., a subsidiary of VIOHALCO S.A. Section Manager of Environmental Operations at the Organizational Committee of the Olympic Games in Athens 2004 University of Florida, BSc in Engineering Massachusetts Institute of Technology (MIT), MSc Environmental Engineering

Steve-Oh

Non-Executive Officer Class III Director, Since December 2011 Vice Chairman of the Korean Association Active shipbroker in projects related to newbuildings, S&Ps, ship repair, chartering and marine equipment, covering both technical and commercial scopes of business Managing Director of Great Shipping Co. Inc., Piraeus Managing Director of MJLF Athens, a subsidiary of MJLF & Associates, USA since 2008 Representative General Manager of Hyundai Mipo Dockyard Athens Branch since 1996 Representative General Manager of Hyundai Mipo Dockyard Singapore Branch since 1993 Ship Repair Engineer of Machinery Division and Project Manager at Hyundai Mipo Dockyard Hanyang University of Seoul, BSc in Mechanical and Thermal Engineering

Monday, June 1, 2015 29

Top Management: working together for more than 10 years

Michail Zolotas

Chairman and Chief Executive Officer A third generation ship-owner with 20 years of technical, operational and commercial experience, managed more than 120 vessel of all types and built more than 50 newbuilding vessels in all major shipyards Founder and CEO of Grandunion Inc., a company managing more than 27 vessels President of Newfront Shipping SA, a company managing more than 24 vessels Founder of Stamford Navigation Inc., a company managing 40 vessels MSc in Mechanical Engineering from Stevens Institute of Technology, USA

Michail Livanos

General Manager

• f Newlead Shipping S.A.

and Newlead Bulkers S.A. 15 years of experience in the shipping industry General Manager of Newlead Shipping S.A. and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd. since 2014 Head of Treasury and Vice President of Newlead Shipping S.A. from 2010 to 2014 Chief Financial Officer of Grandunion Inc. from 2006 to 2009 Associate Director, Global Shipping Finance at Scotiabank from 2003 to 2006 University of Athens, BSc in Physics City University Business School, MSc in Shipping Trading & Finance Cardiff Business School, MBA

Monday, June 1, 2015 30

Nikolaos Papadeas

Operations Manager

19 years of sea working experience Operations Manager of Newlead Shipping S.A .and Newlead Bulkers S.A., subsidiaries of NewLead Holdings

• Ltd. since 2009

Operations Manager of Newfront Singapore , former Seachem Singapore from 2005 to 2008 Operations Manager at Seachem Tankers Singapore, a subsidiary of Ceres Shipping Ltd. from 1995 to 2005 Insurance, Claims and Post-fixture coordinator at Nationwide Shipping Inc. from 2000 to 2002

Antonios Sousouris

Technical Manager

23 years of sea working experience Technical Manager of Newlead Shipping S.A. and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd. since 2014 Technical Manager of Newfront Shipping S.A. from 2008 to 2009 Senior Technical Superintendent of Euronav Hellas Ltd. from 2005 to 2008 Ship Manager of Ceres Hellenic Shipping Enterprises, Ltd. From 2000 to 2005 Technical Superintendent of Ceres Hellenic Shipping Enterprises, Ltd. from 1996 to 2000 Diploma of A Class Engineer, Ministry of Mercantile Marine Warash Maritime Academy, Engine Room Resource Management

Christos Papadopoulos

Designated Person Ashore (DPA) & Company Security Officer (CSO)

DPA and CSO of Newlead Shipping S.A .and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd., since 2014 Marine Coordinator at Newlead Shipping S.A .and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd., from 2012 to 2014 Operations Coordinator at Newlead Shipping S.A .and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd., from 2009 to 2012 SQE Coordinator to the DPA/ CSO at Aries Maritime Transport Limited from 2008 to 2009

NewLead Management: experience across the board

Monday, June 1, 2015 31

NewLead Management: experience across the board

Spyros Theodoropoulos

Risk Manager

Risk Manager of Newlead Shipping S.A. and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd. since 2014 Claims Manager of Newlead Shipping S.A .and Newlead Bulkers S.A., subsidiaries of NewLead Holdings Ltd. since 2010 Claims and Insurance Manager at Dioryx Maritime Corp./Liquimar Tankers Management from 2002 to 2010 Insurance, Claims and Post-fixture Coordinator at Nationwide Shipping Inc. from 2000 to 2002 University of Piraeus, Greece, BSc in Maritime Economics, University of Wales, Cardiff Law School, LLM in Legal Aspects of Maritime Affairs Supporting member of the London Maritime Arbitrators Association (LMAA)

Anna Zolota

Chartering Manager

Senior Commercial Officer and Senior Insurance Officer of Newlead Shipping S.A. and NewLead Bulkers S.A. from 2009 to 2014 Senior Commercial Officer and Senior Insurance Officer of Stanford Navigation Inc. from 2004 to 2009 Personal Assistant to the Chief Operating Officer of Tsakos Energy Navigation Limited from 1999 to 2004 In - house Bunker Broker of Tsakos Shipping & Trading S.A. from 1999 to 2004 Anglia Ruskin University, Cambridge, BA in Business and French Université Stendhal - Grenoble III, Diplôme d’Université d’Etudes Européennes Intégrées The Institute of Chartered Shipbrokers, Claims Handling and Tanker Chartering Lloyd’s Maritime Academy, London, The commercial and contractual framework for Sale and Purchase The Baltic Exchange - London, Freight Derivatives & Shipping Risk Management - Advanced Freight Modeling & Trading

Elisa Gerouki

Corporate Communications Manager

Corporate Communications Manager of NewLead Holdings Ltd. since 2010 responsible for Corporate Affairs and Investor Relations Account Manager - Financial, IT and Telco Communications - at V+O Communication, from 2009 to 2010 Special Advisor on Economic Diplomacy to the Deputy Minister of Foreign Affairs in 2009 Account Manager - Financial Communications - at V+O Communication in 2007 Marketing Assistant at Volkswagen Bank GmbH, from 2005 to 2007 Personal Assistant to Legal Representative of Volkswagen Financial Services AG, Greece from 2004 to 2005 Brunel University London, BSc in Management Honoree of the Final Year Project Award in Management Research Methods on Corporate Governance: The Demographic Characteristics of the Chairmen, Board Structure and Organizational Performance London School of Economics and Political Science (LSE), MSc in Media Communication Regulation & Policy

Monday, June 1, 2015 32

NewLead Management: experience across the board

Eleftheria Savvidaki

Legal Counsel Legal Counsel of NewLead Holdings Ltd. since 2015 Legal and Insurance Manager of Premium Consul LLC from 2012 to 2015, acting as an external Legal Consultant for NewLead Holdings Ltd. since 2012 Claims and Insurance Manager of Oceanfleet Shipping Ltd. from 2011 to 2012 Company Secretary to Goldenport Holdings Inc. from 2007 to 2011 Claims Handler and Insurance Professional from 2005 to 2011 Legal Assistant in Azure Services Inc. from 2003 to 2005 Claims Assistant in Topmar Shipping Corporation from 2002 to 2003 University of Plymouth, Bachelor degree in Maritime Business with Maritime Law University of Cardiff, LLM in Legal Aspects of Marine Affairs

Kelly Kokkinaki

Senior Corporate Lawyer Senior Corporate Lawyer of NewLead Holdings Ltd. since October 2014 Hogan Lovells LLP, Antitrust, Competition & Economic Regulation (ACER) practice group, Belgium, in 2014 European Commission, Directorate General for Competition, Belgium from 2013 to 2014 Legal Advisor of Mr. Aggelos Manolakis, Member of the Greek Parliament from 2011 to 2012 Legal Associate, Dr. Eleftherios Mavris Law Office, Greece from 2010 to 2012 National and Kapodistrian University of Athens, Degree in Law Vrije University Brussels (VUB), LLM in International and European Law

Monday, June 1, 2015 33

NewLead Management: experience across the board

Eleni Despotopoulou

Internal Auditor Internal Auditor of NewLead Holdings Ltd., since 2010 Internal Audit Services at PricewaterhouseCoopers, from 2004 to 2010 Member of the International Institute of Internal Auditors Member of the Hellenic Institute of Internal Auditors Panteion University of Economical and Political Sciences, BSc in Public Administration Panteion University of Economical and Political Sciences, Master in Organizational and Financial Psycology

Nikolaos Stathis

Financial Controller Financial Controller of NewLead Holdings Ltd., since 2012 Financial Reporting Manager, Assistant Financial Controller, Assistant Financial Reporting Manager and Senior Financial Analyst of NewLead Holdings Ltd., from 2009 to 2012 Audit Projects under US GAAP, IPOs and SOX Compliance Procedures in PricewaterhouseCoopers from 2005 to 2009 British Petroleum (BP) 2005 ACCA, Certified Chartered Accountant (IAS/IFRS) Certified Accountant in Greece - Level A Aristotele University of Thessaloniki, BSc in Economics Science University of Aberdeen, Master in Business Administration (MBA)

Dimitra Moustaka

Financial Reporting Manager Financial Reporting Manager of NewLead Holdings Ltd. since 2014 External Auditor at PricewaterhouseCoopers Greece from 2007 to 2013 Member of Greek Economic Chamber, Certified Economist A’ Class Athens University of Economics and Business, BSc in Business Administration Athens University of Economics and Business, MSc in Accounting and Finance Education Institute of Certified Public Accountants, Postgraduate Training of Accountants, Professional Qualification Diploma in International Financial Reporting

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22 Vessels 18 Vessels 4 Vessels 3 Vessels 11 Vessels 11 Vessels

January 2015 NewLead announces delivery of five bitumen tankers, the Captain Nikolas I (renamed Newlead Granadino), the Nepheli, the Ioli, the Katerina L and the Sofia NewLead currently controls a fleet of 11 vessels, five dry bulk and six tanker vessels, including one third party vessel under management January 2014 NewLead is granted access to develop and mine a second mine the Five Mile mine in Kentucky, USA May 2014 NewLead takes delivery of the first Eco-Type Handysize vessel, after restructuring, the Newlead Albion July 2014 NewLead takes delivery of the second Eco-Type Handysize vessel, the Newlead Venetico September 2014 NewLead takes delivery

• f the third Eco-Type

Handysize vessel, the Newlead Castellano September 2013 NewLead acquires rights to mine at the Viking mine in Kentucky, USA December 2013 NewLead Holdings Ltd. completes acquisition

• f Viking coal wash

plant in Kentucky, USA December 2012 NewLead completes its global restructuring plan NewLead reduces indebtedness by appr. US $578.3 million NewLead controls a fleet of 4 vessels, 2 dry bulk and 2 product tanker vessels August 2011 NewLead controls a fleet of 22 vessels, 12 dry bulk vessels including 2 newbuildings and 2 product tanker vessels July 2011 NewLead enters into a global financial restructuring plan, led by Moelis and Company 2010 NewLead Holdings Ltd., completes acquisition of 14 vessels, 12 dry bulk vessels, including 4 newbuildings and 2 product tanker vessels NewLead completes dropdown of Newlead Shipping S.A. October 2009 Grandunion Inc. acquires Aries Maritime Transport Limited, a shipping company listed on NASDAQ December 2009 The new Company is renamed to NewLead Holdings Ltd. and starts trading on NASDAQ under the symbol NEWL

2009 2010 2011 2012 2013 2014 2015 14 Vessels

NewLead’s Fleet1:

Notes: 1.NewLead’s fleet at the end of each calendar year 2.NewLead’s timeline is maintained on the basis of the Company's announcements

NewLead Timeline

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2015 will be a year during which NewLead plans to double its fleet to 20 vessels. Intergraded shipping company; transporting dry bulk cargoes and asphalt/bitumen Competitive experienced in-house ship management, commercial, operational and technical

Revenue mix; stable cash flow during shipping cycles Strong relationships with oil majors and industrial partners Transparency; allowing effective management of third-party vessels

Takeaways

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USA Office: Mine Investments LLC. A subsidiary of NewLead Holdings Ltd. 525 North Tryon Street, Suite 1600 Charlotte NC 28202, USA Principal Offices: NewLead Holdings Ltd. Akti Miaouli 83 & Flessa Piraeus, 185 38, Greece For Media/Investor Enquiries: Elisa Gerouki T: +30 213 014 8023 E: egerouki@newleadholdings.com

Thank you.

NewLead Holding Ltd.