Matson Investor Presentation Deck

12 Matson Logistics Overview of Services Freight Forwarding Transportation Brokerage Warehousing and Distribution Supply Chain Mgmt. and Other ● ● ● ● ● LCL consolidation and freight forwarding primarily to the Alaska market through Span Alaska Domestic and international rail intermodal Long-haul and regional highway trucking Less-than-truckload and expedited freight Over 1.5 million sq. ft. across 4 buildings in attractive port-based locations Mix of contract and public warehouses PO management, freight forwarding and NVOCC services Organically grown from Matson's CLX service Investor Presentation | November 2023 Operating Income ($ in millions) Operating Income and Margin $80 $70 $60 $50 $40 $30 $20 $10 $0 il 2017 2018 2019 2020 2021 2022 LTM 3Q23 Operating Income 10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0% -Operating Income Margin Operating Income Margin Matson.

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