Matson Results Presentation Deck

11 SSAT Joint Venture ● Second Quarter 2023 Performance Terminal joint venture contribution was $(1.4) million; YoY decrease of $26.1 million - Primarily due to lower demurrage revenue and lower lift volume Current Business Trends • Expect 2H23 lift volume to reflect a relatively challenging environment in Transpacific tradelane Second Quarter 2023 Earnings Conference Call $ in millions Equity in Income of Joint Venture $40.0 $35.0 $30.0 $25.0 $20.0 $15.0 $10.0 $5.0 $ 0.0 ($ 5.0) Q1 Q2 12022 2023 Q3 Q4 Matson.

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