The principal objective of FSL Trust is to be the world's leading leasing provider on a bareboat charter basis in the maritime industry, and to provide unitholders with stable and regular distributions from the income generated from its lease portfolio of vessels.

The business/growth strategy of FSL Trust is based on:

• Drive growth and diversification of the lease portfolio via acquisitions of vessels with leases·
• Focus on long-term bareboat charters
• Maintain a high quality and modern asset portfolio
• Maintain a disciplined approach to portfolio and risk management
• Maintain a conservative capital structure
• Asset redeployment strategy according to prevailing market conditions