Matson Results Presentation Deck

6 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, domestic tourist arrivals was strong and unemployment rate remained near pandemic lows Third Quarter 2022 Earnings Conference Call 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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