Navios Maritime Acquisition Corp.

2015 Share Distributions U.S. Tax Treatment

Navios Maritime Acquisition Corporation is treated as a 'C' Corporation for U.S. tax purposes and our investors receive a Form 1099-DIV.

The table below describes the distributions made by the corporation in 2015 to common shares and series C preferred shares and the reporting of such payments on United States Internal Revenue Service ("IRS") Form 1099-DIV.

The determination of the distribution percentages which constitute a taxable dividend or a nondividend distribution for U.S. federal income tax purposes is not made until after the end of the calendar year. If you are a U.S. shareholder and you received an IRS Form 1099-DIV that does not set forth such amounts, you should contact your broker or your tax advisor.

Shareholders are directed to consult their own tax advisors to determine the appropriate tax treatment with respect to the distributions on common shares and series C preferred shares.


Date

Total Distribution
(per common
share)

% Reported as
Ordinary
Dividend in Box
1a of Form
1099-DIV

% Reported as
Qualified
Dividend in Box
1b of Form 1099-DIV

% Reported as
Nondividend
Distribution in Box 3 of Form 1099-DIV

Jan. 6, 2015

$0.05

100 %

100 %

0%

Apr. 2, 2015

$0.05

100 %

100 %

0%

Jul. 2, 2015

$0.05

100 %

100 %

0%

Sept. 24, 2015

$0.05

100 %

100 %

0%

Dec. 23, 2015

$0.05

100 %

100 %

0%

Total 2015

$0.20

100 %

100 %

0%

Disclaimer
The Total 2015 percentages reflected in the table above apply only if a shareholder received all four distributions while holding the same number of shares on each distribution date.

This table and related comments are intended as general information only and do not constitute tax advice. This information was not written or intended to be used, and it cannot be used, by any person as a basis for avoiding federal tax penalties that may be imposed on that person. Shareholders should consult their own tax advisors with respect to the specific tax consequences to them. Navios Maritime Acquisition Corporation makes no warranty either expressed or implied regarding any tax issues of its shareholders.

Report of Organizational Actions Affecting Basis of Securities

US tax law now requires that we file Form 8937 and furnish a statement to shareholders when we take an "organizational action" that affects the tax basis of our shares, including a distribution in which all or a portion of such distribution is not treated as a taxable dividend. Because our cash distributions paid during 2015 are considered, in their entirety, as taxable dividends, we have not filed Form 8937 for such distributions.

2011: Form 8937

2012: Form 8937 (Series B Preferred Shares)

2012: Form 8937 (Common Shares & Series C Preferred Shares)

2013: Form 8937

2014: Form 8937 (Common Shares & Series C Preferred Shares)