Matson Results Presentation Deck

12 Matson Logistics ● ● ● Second Quarter 2023 Performance Operating income of $14.3 million; YoY decrease of approximately $8.8 million - Lower contributions from transportation brokerage and supply chain management Current Business Trends Expect continued growth in Alaska to be supportive of freight forwarding demand. Expect supply chain management to track the China service • Expect near-term challenges for transportation brokerage with lower freight demand, excess capacity and declining accessorial fees. Second Quarter 2023 Earnings Conference Call $25.0 $ in millions $20.0 2$ 15.0 $10.0 $5.0 $ 0.0 Operating Income Q1 Q2 12022 2023 Q3 Q4 Matson.

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