1. What’s New at Port Freeport

2. Port Commission John Hoss Ravi K. Singhania Paul Kresta Rudy SantosShane Pirtle Bill Terry

3. Two Years Ago

4. PRESENT

5. Current Capital Projects ProjectEst. Completion Date  Velasco Phase 2 Area I – 3.5 acresCOMPLETED  Dock 5 Trench Drain RepairsCOMPLETED  Berth 5 Mooring Improvements09/2015  Berth 7 Backland Paving – 20 acresCOMPLETED  Turning Basin Road Widen and OverlayCOMPLETED  Parcel 25 Asphalt paving & DrainageCOMPLETED  Administration Building02/2016  Dock 2 Floodwall Modification / 408 Permit06/2016 Estimated Total Cost: $40 million

6. ProjectEst. Completion Date  Pete Schaff Repairs2015  Parcel 19 Stabilization2016  Transit Shed 2 Demolition2016  Parcel 14 Development2017 Rail, Open Storage, Warehousing  Continuation of Velasco Terminal Build Out 2019  Pump Station Outfall, Backlands Area Development, Berths 8 & 9, Gate 12, 3 Container Cranes and Upgrade Power Grid Freeport Harbor Channel Improvement Project2019 Estimated Total Cost: $250 + million Future Capital Projects

7. Harbor Volume Outlook

8. New Business

9. Procurement of Container Cranes

10. MSC/Chiquita

11. Tenaris

12. Hoegh Autoliner New Service – June 2015

13. General Motors

14.  ARI  Chiquita Brands  Dole Fresh Fruit  MSC  Hoegh Autoliners  Mammoet  Tenaris  Vulcan Materials Key Inter-Harbor Customers

15.  BASF  DOW Chemical  Freeport LNG  Phillips 66  Enterprise  Kirby Inland Marine  Zachry/CB&I Key Channel Customers

17. New Administration Building

18.  Highlights : OVERALL RESULTS ARE CONSISTENT OR UP OVER BUDGET AND PRIOR YEAR Operating Income Up 5% from PY 20% over Plan Operating Cashflows Up 50% from PY 3% over Plan Operating Expense Up 9% over PY 12% under Plan Operating Revenues Up 8% over PY 8% under Plan FY 2015 OPERATING RESULTS

19. FY 2015 CARGO movement Highlights : Over all cargo activity is Up 2,119,933 tons handled through the Inter-harbor and Velasco for a 17% increase over PY, 17% over plan 14,387,480 tons handled through the dedicated facilities for an 9% decrease from the PY Total volume through Port facilities totaled 16,507,413 tons Vessel activity is 38 call behind the PY and 14 calls against plan VesselBargeTotal Prior Year 24422266 Budget 23719256 Actual20229231 

20. #1 Freeport Harbor Channel Improvement  Feasibility project completed Jan 2013  Water Resources Reform and Development Act Bill approved June 2014  General Re-evaluation and Review (GRR) approved April 2015 DOW thumb – Phillips 66 Berth #2  Construction of channel through G.O. Bonds  Construction start – late 2018  Phase #2 Deeper water- Customer Driven

21. #1 Freeport Harbor Channel Improvements

22. #2 Rail Development  Hwy 36A rail corridor Connecting Freeport and Rosenberg Access to U.P.R.R., B.N.R.R., and K.C.S.R.R.  Continued economic growth for region  Joint effort between Fort Bend County, Brazoria County and Port Freeport – rail district formed, “Brazoria – Ft Bend Rail District”  Current Study will evaluate if there is a business case for investment? (Cont’d)

23.  How will communities along corridor benefit? Economic Development Rosenberg by 2035 5,000 – 10,000 new jobs support Distribution/Manufacturing Port Freeport by 2035 10,000 – 20,000 new jobs supporting marine operations, distribution & manufacturing  $44 million State Sale Tax increase per year by 2035  Can the private sector play a role – 3P? #2 Rail Development (Cont’d)

24. #3 1495 Bridge Construction  Rebuild of bridge by TxDOT  Need to make communities aware of traffic impact  Alternative routings  12 – 18 month construction

25. #4 East End Land Acquisition  Acquisition made by Port - currently owns 65% of properties Developing plan will have minimal impact to home owners

26.  Alternative route to Hwy 288  Avoid Houston congestion  Enhanced hurricane evacuation #5 Hwy 36 Widening

27. www.portfreeport.com Questions and Comments