Financial Data and Key Metrics Changes - Consolidated operating income decreased by $42.6 million year-over-year to $335.3 million, primarily due to a $46.7 million decline in Ocean Transportation, partially offset by a $4.1 million increase in Logistics [28][29] - Interest income was $1.3 million, up from no interest income in the prior year, while interest expense increased by $0.5 million due to premium payments and deferred fee write-offs [30] - The effective tax rate decreased to 20.4% from 24.4% in the previous year [30] Business Line Data and Key Metrics Changes - Ocean Transportation saw lower volumes in CLX, CLX+, and CCX services, contributing to the decline in operating income [7][8] - Logistics operating income increased to $20.1 million, driven by strong performance across all service lines [26] - Hawaii container volume decreased by 7.1% year-over-year, while Alaska container volume increased by 10.6% year-over-year [20][24] Market Data and Key Metrics Changes - Demand for expedited Ocean Services in the Transpacific tradelane decreased, leading to the early termination of the CCX service [10][11] - In Hawaii, domestic tourism was strong, with visitor arrivals projected to reach 90% of pre-pandemic levels in 2022 [15] - The Alaska economy is expected to benefit from increased energy-related activities due to elevated oil prices [16] Company Strategy and Development Direction - The company signed approximately $1 billion in vessel construction agreements for three new LNG-ready Aloha Class vessels, aimed at enhancing capacity and profitability [9][36] - The company is focused on maintaining a disciplined capital allocation strategy while investing for long-term growth [44] - The company aims to reduce greenhouse gas emissions from its fleet by 40% by 2030 [38] Management's Comments on Operating Environment and Future Outlook - Management expects challenging conditions in the Transpacific tradelane for the next two quarters due to lower demand and inventory adjustments by retailers [13] - The company remains confident in its ability to provide value through differentiated services despite macroeconomic uncertainties [42][48] - Management anticipates a gradual recovery in tourism and consumer spending in core markets, although risks remain due to inflation and interest rates [18] Other Important Information - The company repurchased approximately 1.1 million shares for $88.4 million during the third quarter [32] - Total debt at the end of the quarter was $538.1 million, with a prepayment of $50.4 million on outstanding principal [33] Q&A Session Summary Question: Consideration of Capacity Adjustments - Management indicated that they have already removed 25% of capacity by terminating the CCX service and believe current capacity is appropriate for market demand [54][56] Question: Customer Inventory Destocking - Management noted that customers are adjusting inventories, leading to lower cargo movement, but expect some level of cargo flow to continue [58][59] Question: Hawaii Lane Demand - Management expressed that demand in Hawaii is generally more stable due to reliance on ocean freight for daily goods, with continued strong demand expected [61][62] Question: Impact of Declining Rates - Management acknowledged that the impact of declining rates will be more pronounced in the fourth quarter, following the termination of the CCX service [65] Question: Cost Adjustments in Response to Rate Softening - Management confirmed that cost reductions are primarily focused on the elimination of the CCX service, with no significant adjustments planned for other services [69] Question: SSAT Contribution Normalization - Management expects the contribution from the SSAT joint venture to moderate due to lower volumes and congestion, but still anticipates adequate returns [73]

Third Quarter 2022 Earnings Conference Call 1 Third Quarter 2022 Earnings Conference Call November 2, 2022 Matson. Forward-Looking Statements Statements made during this presentation that set forth expectations, predictions, projections or are about future events are based on facts and situations that are known to us as of November 2, 2022. We believe that our expectations and assumptions are reasonable. Actual results may differ materially, due to risks and uncertainties, such as those described on pages 1 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organization) 1411 Sand Island Parkway Honolulu, HI (Address of principal executive offices) For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commiss ...

Matson, Inc. (NYSE:MATX) Q2 2022 Results Conference Call August 1, 2022 4:30 PM ET Company Participants Lee Fishman - Senior Director of Investor Relations Matt Cox - Chairman & Chief Executive Officer Joel Wine - Executive Vice President & Chief Financial Officer Conference Call Participants Jack Atkins - Stephens Ben Nolan - Stifel Operator Welcome to the Matson Second Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34187 Matson, Inc. (Exact name of registrant as specified in its charter) Hawaii 99-0032630 (State or other jurisdiction ...

Matson, Inc. (NYSE:MATX) Q1 2022 Earnings Conference Call May 3, 2022 4:30 PM ET Company Participants Lee Fishman - Senior Director of Investor Relations Matt Cox - Chairman & Chief Executive Officer Joel Wine - Executive Vice President & Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Cameron Hoglund - Stephens Operator Good day, and thank you for standing by. Welcome to the First Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mod ...

First Quarter 2022 Earnings Conference Call May 3, 2022 1 First Quarter 2022 Earnings Conference Call Matson. Forward-Looking Statements Statements made during this presentation that set forth expectations, predictions, projections or are about future events are based on facts and situations that are known to us as of May 3, 2022. We believe that our expectations and assumptions are reasonable. Actual results may differ materially, due to risks and uncertainties, such as those described on pages 13-24 of ou ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34187 Matson, Inc. (808) 848-1211 (Registrant's telephone number, including area code) Securities registered pursuant to Secti ...

Fourth Quarter 2021 Earnings Conference Call 1 Fourth Quarter 2021 Earnings Conference Call February 17, 2022 Matson. Forward-Looking Statements Statements made during this presentation that set forth expectations, predictions, projections or are about future events are based on facts and situations that are known to us as of February 17, 2022. We believe that our expectations and assumptions are reasonable. Actual results may differ materially, due to risks and uncertainties, such as those described on pag ...

Matson, Inc. (NYSE:MATX) Q4 2021 Results Conference Call February 17, 2022 4:30 PM ET Company Participants Lee Fishman - Senior Director of Investor Relations Matt Cox - Chairman and Chief Executive Officer Joel Wine - Executive Vice President and Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Jack Atkins - Stephens, Inc Operator Welcome to the Matson, Inc. Fourth Quarter 2021 Financial Results Conference Call. At this time, all participants are in listen only mode. After the speake ...