Matson Results Presentation Deck

Hawaii Service Third Quarter 2022 Performance Container volume decreased 7.1% YoY primarily due to lower retail-related demand - YoY decline impacted by pandemic spike in demand in 3Q21 - 3Q22 volume higher than volume achieved in 3Q19 . During 3Q22, tourist arrivals was strong and unemployment rate remained near pandemic lows 6 Preliminary Third Quarter 2022 Earnings Supplement 41,000 39,000 37,000 35,000 33,000 31,000 29,000 27,000 25,000 Container Volume (FEU Basis) Q1 Q2 12021 2022 Note: 4Q21 volume figure includes the benefit of a 53rd week. Q3 (7.1)% Q4 Matson.

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