Released in response to the Seafarers’ Union Report on workplace harassment in the marine sector

Company Website: https://www.algonet.com/
ST. CATHARINES, Ontario -- (Business Wire)

Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, is responding to the Seafarers’ International Union of Canada (“SIU”) report released today on workplace harassment and bullying within the Canadian marine sector.

Thank you to the SIU for bringing additional focus to this issue and your dedication to raising awareness and finding solutions. The SIU has been a longstanding partner in addressing harassment cases within our organization and we are committed to continuing to work together to ensure a safe working environment for all. It is important that unions and ship operators collaborate and maintain an open dialogue. Together, we can take the lead addressing this issue and further develop cohesive, zero tolerance action plans across the marine sector.

At Algoma, we are dedicated to cultivating a workplace culture founded on principles of respect and inclusion. Recognizing the profound impact that all forms of harassment can have on the well-being of our employees, we prioritize the safety and health of our crews and staff. This commitment has always been, and continues to be, our foremost priority. In recent years, we have enhanced our Workplace Harassment and Violence Prevention Policy, reporting procedures, and training. That said, we recognize that more needs to be done.

There is no place for harassment at Algoma. Please go to www.algonet.com/sustainability/governance/ to learn more about our Workplace Harassment and Violence Prevention Policy and how to file an anonymous report if you have seen or experienced harassment either shipboard or shoreside.

To view the SIU’s press release and full report please go to www.seafarers.ca.

About Algoma Central Corporation

Algoma Central Corporation is a global provider of marine transportation that owns and operates dry and liquid bulk carriers, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Algoma is aiming to reach a carbon emissions reduction target of 40% by 2030 and net zero by 2050 across all business units with fuel efficient vessels, innovative technology, and alternate fuels. Algoma truly is Your Marine Carrier of Choice™. Learn more at www.algonet.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240205147457/en/

Contacts:

Media

Cathy Smith
Algoma Central Corporation
VP Human Resources
905-687-7823

Joshua Juel
Algoma Central Corporation
AVP, Marine Operations & Fleet Personnel
905-687-7898

Source: Algoma Central Corporation