Matson Results Presentation Deck

6 China Service ● ● Fourth Quarter 2022 Performance Container volume decreased 47.2% YoY - Lower demand for our CLX and CLX+ services No CCX service in 4Q22 • CCX service discontinued in 3Q22 - Extra week in 4Q21 Full Year 2022 Performance Container volume decreased 11.7% YoY - Lower demand for the CLX and CLX+ services and an extra week in 4Q21 - Partially offset by incremental volume on the CCX service Fourth Quarter 2022 Earnings Conference Call 58,000 53,000 48,000 43,000 38,000 33,000 28,000 23,000 18,000 13,000 8,000 Container Volume (FEU Basis) Q1 Q2 12021 2022 Note: CCX service started in 3Q21 and ended in 3Q22. 4Q21 volume figure includes the benefit of a 53rd week. Q3 (47.2)% Q4 Matson.

View entire presentation