Company Presentation October 2017 1 1 Safe Harbor Statement This - PowerPoint PPT Presentation

Company Presentation October 2017 1 1

Safe Harbor Statement This document may contain forward- looking statements that reflects management’s expectations for the future. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intend," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this document are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk vessel capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. 2 2

Company Overview Key Facts Fleet Profile Scorpio Tankers Inc. is the world’s largest and Owned TC/BB Chartered-In Newbuildings youngest product tanker company 60 • Pure product tanker play offering all asset classes • 106 owned ECO product tankers on the 3 50 water with an average age of 2.2 years 9 • 19 time/bareboat charters-in vessels • 3 MR vessels under construction to be delivered 40 1 in 2017/2018 • NYSE-compliant governance and transparency, listed under the ticker “STNG” 30 • Headquartered in Monaco, incorporated in the Marshall Islands and is not subject to US income 42 20 tax 38 9 • Vessels employed in well-established Scorpio pools with a track record of outperforming the 10 market 14 12 • Merged with Navig8 Product Tankers, acquiring 27 ECO-spec product tankers 0 Handymax MR LR1 LR2 3 3

Company Profile Top Shareholders Market Cap ($m) # Ownership Holder $1,200 1 7.2% Wellington Management Company 2 5.7% $1,000 Dimensional Fund Advisors 3 2.7% Hosking Partners $800 4 2.7% Fidelity Management & Research Company $600 5 2.4% BlackRock Fund Advisors 6 2.2% $400 Magallanes Value Investors 7 1.7% Nuveen Asset Management $200 8 1.6% Tourbillon Capital Partners $0 9 1.5% Boston Partners Global Investor Euronav Scorpio Frontline DHT NAT Gener8 Ardmore Tankers 10 1.5% Investec Asset Management 12 Month Share Performance Liquidity Per Day ($m pd) $6 $14 $12 $5 $10 $8 $4 $6 $3 $4 $2 $2 $0 Scorpio NAT Euronav DHT Frontline Ardmore Gener8 Tankers 4 4 Source: Fearnleys October 9, 2017

Largest & Youngest Product Tanker Fleet Largest & Youngest Product Tanker Fleet Scorpio Average Age vs. Worldwide Fleet Avg. Age of Vessels (Owned Fleet Only) 14 140 Scorpio Tankers HM & MR LR1 LR2 Active Fleet 12.7 120 12 106 100 10 9.4 9.0 38 7.9 80 8 73 6 7 12 60 56 55 55 6 53 11 11 8 14 3 40 11 10 4 3.0 2.9 60 56 1.9 42 41 20 2 34 34 1.4 11.1 9.2 8.9 7.7 4.7 2.2 0 0 Scorpio TORM SCF Group A.P. Moller COSCO Sinokor Handymax MR LR1 LR2 Tankers Shipping Merchant Figures do not include newbuilding vessels on order. 5 Source: Clarksons Research Services, October 2017 5

Scorpio Pools Provide World’s Largest Operating Platform • Scorpio’s trading platform operates the largest product tanker fleet in the market with over 168 vessels under commercial management Top Product Tanker Operators Top HM & MR Operators Top LR1 & LR2 Operators 180 60 120 114 168 109 54 160 50 100 50 100 140 121 120 40 80 100 100 59 30 60 26 80 21 59 60 20 40 40 10 20 20 0 0 0 Scorpio Maersk Norient Hafnia Scorpio Straits Prime Navig8 Scorpio Maersk Norient Hafnia Tankers Tankers Tankers Tankers Tankers Figures do not include newbuilding vessels on order. 6 6 Source: Company Websites & Vessel Values, October 2017

Scorpio Pools Have Consistently Outperformed Market Pool Performance ($/day) $30,000 $20,000 Scorpio $10,000 Handymax Tanker Pool (SHTP) $0 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Scorpio Handymax Pool Handymax Benchmark (TD16 - TD18 - TC6 - BALTIC/CONT) $30,000 $20,000 Scorpio MR Tanker Pool $10,000 (SMRP) $0 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Scorpio MR Clarksons MR $50,000 $40,000 $30,000 Scorpio LR2 $20,000 Tanker Pool $10,000 (SLR2P) $0 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Scorpio LR2 LR2 Benchmark (AG/EAST - AG/WEST - UKC/EAST) 7 7

Asset Values & Time Charter Rates Newbuilding Prices One Year TC Rate ($/day) $60 $35,000 $55 $30,000 $50 Million $USD $25,000 $45 $20,000 $40 $15,000 $35 $10,000 $30 $5,000 $25 $20 $0 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16 Sep-16 Mar-17 Sep-17 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16 Sep-16 Mar-17 Sep-17 HM MR LR1 LR2 HM MR LR1 LR2 Resale Prices Baltic Clean Tanker Index 900 $70 800 $60 Million $USD 700 $50 600 $40 500 $30 400 300 $20 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16 Sep-16 Mar-17 Sep-17 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16 Sep-16 Mar-17 Sep-17 HM MR LR1 LR2 8 8 Source: Clarksons Research Services, October 2017

Ballast Water Treatment Systems BWTS Filtering Unit • In July 2017, the IMO extended ballast water treatment until the first statutory dry docking survey after 2019. • Ship operators will need to install type-approved ballast water treatment systems by the time the International Oil Pollution Prevention (IOPP) certificate falls due for renewal, typically at Special Survey. • Ballast water is used to stabilize vessels and ensure structural integrity. It is typically pumped in while cargo is being unloaded, and discharged while cargo is being loaded. • Water taken on in one ecological zone and released into another can result in the introduction and spread of aquatic invasive species, many of which can have serious ecological, economic and public health effects if transferred to regions BWTS Piping in Engine Room where they are not native • Ballast water treatment systems actively remove, kill and/or inactivate organisms in the ballast water prior to discharge. • Ballast water treatment systems are expected to cost $500,000 to $1.5 million and depends on the type and size of vessel. • Retrofits on older, existing ships, can be more challenging and expensive as they were designed without the space in the engine room. 9 9