Matson Results Presentation Deck

8 Guam Service Third Quarter 2023 Performance • Container volume decreased 1.9% YoY primarily due to lower general demand. ● • 3Q23 volume 12.8% higher than volume achieved in 3Q19 ● Current Business Trends In near-term, expect continued improvement in the Guam economy - Low unemployment rate - Modest increase in tourism from low levels Third Quarter 2023 Earnings Conference Call 6,000 5,500 5,000 4,500 4,000 3,500 3,000 Container Volume (FEU Basis) Q1 Q2 12022 2023 (1.9)% Q3 Q4 Matson.

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