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 September 30, 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. (Exact name of registrant as specified in its charter) Hawaii 99-0032630 (State or other jurisdict ...

Matson, Inc. (NYSE:MATX) Q3 2021 Earnings Conference Call November 3, 2021 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 Jack Atkins - Stephens Ben Nolan - Stifel Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2021 Fiscal Results Conference Call [Operator Instructions]. Please be advised that today' ...

Matson, Inc. (NYSE:MATX) Q2 2021 Earnings Conference Call July 29, 2021 4:30 PM ET Corporate Participants Lee Fishman - Senior Director of Strategic and Corporate Development Matt Cox - Chairman and Chief Executive Officer Joel Wine - Executive Vice President and Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Operator Good day and thank you for standing by. Welcome to the Second Quarter 2021 Financial Results Conference Call. At this time all participant lines are in a listen-only m ...

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 June 30, 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. (Exact name of registrant as specified in its charter) Hawaii 99-0032630 (State or other jurisdiction o ...

First Quarter 2021 Earnings Conference Call April 27, 2021 1 First Quarter 2021 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 April 27, 2021. 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 12-21 ...

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, 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. (Exact name of registrant as specified in its charter) Hawaii 99-0032630 (State or other jurisdiction ...

Matson, Inc. (NYSE:MATX) Q1 2021 Earnings Conference Call April 27, 2021 4:30 PM ET Company Participants Lee Fishman - Director, IR Matthew Cox - Chairman & CEO Joel Wine - EVP & CFO Conference Call Participants Benjamin Nolan - Stifel, Nicolaus & Company Stephen O'Hara - Sidoti & Company Operator Good day, and thank you for standing by. Welcome to the First Quarter 2021 Financial Results Conference call. [Operator Instructions]. I would now like to turn the conference over to your host, Mr. Lee Fishman. Pl ...

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, 2020 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) (State or other jurisdiction of (I.R.S. Employer inc ...

Financial Data and Key Metrics Changes - Matson's ocean transportation operating income for Q4 2020 increased by $90.3 million year-over-year to $108.1 million, driven by higher contributions from the China service and CLX+ service [56] - For the full year 2020, ocean transportation operating income rose by $154 million year-over-year to $244.8 million, primarily due to higher contributions from the China service and lower vessel operating costs [60] - EBITDA for Q4 2020 increased by $95.3 million year-over-year to $156.3 million, reflecting higher consolidated operating income [58] Business Line Data and Key Metrics Changes - Logistics operating income for Q4 2020 was $9.6 million, an increase of $2 million year-over-year, attributed to higher contributions from transportation brokerage [51] - For the full year 2020, logistics operating income decreased by $2.8 million year-over-year to $35.5 million, primarily due to lower contributions from freight forwarding [61] Market Data and Key Metrics Changes - In Hawaii, container volume for Q4 2020 increased by 0.8% year-over-year, driven by higher demand for sustenance and home improvement goods [18] - In Guam, container volume for Q4 2020 increased by 4.2% year-over-year, primarily due to higher demand for sustenance and home improvement goods [39] - In Alaska, container volume for Q4 2020 increased by 18.9% year-over-year, driven by higher northbound volume due to additional sailings [42] Company Strategy and Development Direction - Matson plans to invest $55 million in new containers and chassis to support growth in the CLX+ and AAX services, addressing port congestion and enhancing service flexibility [13][37] - The company is focused on maintaining vessel schedule integrity and positioning its domestic tradelane services for economic recovery as the pandemic subsides [15] - Matson continues to evaluate organic and inorganic growth opportunities while maintaining financial flexibility with an investment-grade balance sheet [16] Management's Comments on Operating Environment and Future Outlook - Management noted that 2020 was a significant year operationally and financially, with strong performance despite pandemic challenges [11] - The company expects favorable supply and demand dynamics in the transpacific trade to continue in the first half of 2021, with ongoing demand for CLX and CLX+ services [38] - The recovery trajectory for the Hawaii economy remains uncertain, heavily dependent on tourism recovery [21] Other Important Information - Matson's SSAT terminal joint venture contributed $10.9 million in Q4 2020, significantly higher than the prior year due to increased container lift volume [49] - The company generated cash flow from operations of $429.8 million for the trailing 12 months ending December 31, 2020 [62] - Total debt at the end of Q4 2020 was $760.1 million, with a leverage ratio of 1.7x [63] Q&A Session Summary Question: What's happening in the transpacific regarding rates and contracts? - Management indicated that Matson has historically operated a mix of spot and long-term contracts, with a shift towards the spot market due to elevated rates, expecting increases in annual contracted freight rates [94][95] Question: Can you elaborate on the $55 million investment for CLX+? - The investment aims to increase equipment availability to meet demand and ensure service levels are maintained, with a focus on not missing any booking opportunities [96][97] Question: How much of the $760 million debt can be prepaid without penalty? - Management stated that $71 million of the revolver can be prepaid, while the remaining long-term debt has amortization schedules but cannot be prepaid without penalties [98][99]

Fourth Quarter 2020 Earnings Conference Call 1 Fourth Quarter 2020 Earnings Conference Call February 23, 2021 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 23, 2021. 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 ...