Matson Results Presentation Deck

6 China Service ● ● Second Quarter 2023 Performance Container volume decreased 24.6% YoY - No CCX service in 2Q 23 . CCX service discontinued in 3Q22 - Lower capacity in the CLX due to the dry-docking of Daniel K. Inouye - One less CLX+ sailing Lower average freight rates YoY, but well above 2Q19 rates Second Quarter 2023 Earnings Conference Call 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 (24.6)% Q2 2022 2023 Note: CCX service started in 3Q21 and ended in 3Q22. Q3 Q4 Matson.

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