SCORPIO BULKERS INC

CUSIP: Y7546A106 Class: SHS

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015
Shares 22,202,004 Value ($000) $32,416 Avg Close — Range —
Q2 2015
Shares 24,668,179 Value ($000) $40,210 Avg Close — Range —
Q1 2015
Shares 3,760,108 Value ($000) $8,912 Avg Close — Range —
Q4 2014
Shares 1,050,000 Value ($000) $2,068 Avg Close — Range —
Q2 2014
Shares 922,058 Value ($000) $8,206 Avg Close — Range —
Q1 2014
Shares 1,022,058 Value ($000) $10,333 Avg Close — Range —
Q4 2013
Shares 1,022,058 Value ($000) $34,982 Avg Close — Range —