Matson Results Presentation Deck

9 Alaska Service ● ● Fourth Quarter 2023 Performance Container volume decreased 0.6% YoY - Lower export seafood volume on AAX - Higher northbound volume due to an additional sailing - Higher southbound volume due to higher domestic seafood volume. 4Q23 volume 20.3% higher than volume achieved in 4Q19 Preliminary Fourth Quarter 2023 Earnings Supplement 26,000 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 Container Volume (FEU Basis) Q1 Q2 2022 2023 Q3 (0.6)% Q4 Matson.

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