Matson, Inc. -> SpinCo

March 9, 2026 To the Shareholders of Matson, Inc.: You are invited to attend the 2026 Annual Meeting of Shareholders of Matson, Inc.

Any shareholder attending the Annual Meeting may vote at the meeting even if a proxy has been returned.

Elect the seven director nominees named in the proxy statement to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified;

Shareholders who plan to attend the Annual Meeting will be required at the meeting to present an admission ticket and valid, government-issued photo identification.

You must also complete a Request for Visitor Entry form which is required for all visitors to the marine terminal for security purposes in accordance with Matson’s Facility Security Plan.

IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE SHAREHOLDER MEETING TO BE HELD ON APRIL 23, 2026 The Notice of Annual Meeting of Shareholders, Proxy Statement and the Annual Report to Shareholders are available at www.proxyvote.com.

https://www.sec.gov/Archives/edgar/data/3453/000110465926025266/0001104659-26-025266-index.htm