Matson Results Presentation Deck

9 Guam Service Second Quarter 2023 Performance • Container volume decreased 7.5% YoY primarily due to lower general demand. • 2Q23 volume 2.1% higher than volume achieved in 2Q19 Current Business Trends • In 2H23, expect continued improvement in the Guam economy - Low unemployment rate - Modest increase in tourism from low levels Second Quarter 2023 Earnings Conference Call 6,000 5,500 5,000 4,500 4,000 3,500 3,000 Container Volume (FEU Basis) Q1 Q2 12022 (7.5)% 2023 Q3 Q4 Matson.

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