Matson Results Presentation Deck

Hawaii Service ● ● First Quarter 2023 Performance Container volume decreased 0.8% YoY - Lower eastbound volume - 1Q23 volume 0.9% higher than volume achieved in 1Q19 During 1Q23, domestic tourist arrivals remained relatively strong and international arrivals continued to improve modestly 6 Preliminary First Quarter 2023 Earnings Supplement 41,000 39,000 37,000 35,000 33,000 31,000 29,000 27,000 25,000 Container Volume (FEU Basis) (0.8)% Q1 Q2 12022 2023 Q3 Q4 Matson.

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