Slide 1: Third Quarter 2021 Preliminary Earnings Supplement
1 Preliminary Third Quarter 2021 Earnings Supplement Third Quarter 2021 Preliminary Earnings Supplement October 11, 2021
Slide 2: Forward-Looking Statements
2 Preliminary Third Quarter 2021 Earnings Supplement 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 October 11, 2021. We believe that our
Slide 3: Preliminary Third Quarter 2021 Results
3 Preliminary Third Quarter 2021 Earnings Supplement Preliminary Third Quarter 2021 Results • Solid performance in Matson’s Ocean Transportation and Logistics businesses – strong economic and business trends in the second quarter continued in the third quarter • China service, including the new Chin
Slide 4: Preliminary Third Quarter 2021 Results (continued)
4 Preliminary Third Quarter 2021 Earnings Supplement Preliminary Third Quarter 2021 Results (continued) (1) Total debt is presented before any adjustment for deferred loan fees as required by U.S. GAAP. ($ in millions, except per share data) Preliminary Range ($ in millions) INCOME STATEMENT BALANCE
Slide 5: Hawaii
5 Preliminary Third Quarter 2021 Earnings Supplement Hawaii Service Third Quarter 2021 Performance • Container volume increased 11.5% YoY – Higher retail and hospitality-related demand compared to 3Q20, which was negatively impacted by state’s COVID- 19 mitigation efforts – Continued rebound in tour
Slide 6: China
6 Preliminary Third Quarter 2021 Earnings Supplement China Service Third Quarter 2021 Performance Container Volume (FEU Basis) 8,000 13,000 18,000 23,000 28,000 33,000 38,000 43,000 48,000 53,000 Q1 Q2 Q3 Q4 2020 2021 Note: 2Q 2020 volume figure includes volume related to seven CLX+ voyages. 3Q21 vo
Slide 7: Guam
7 Preliminary Third Quarter 2021 Earnings Supplement Guam Service Third Quarter 2021 Performance Container Volume (FEU Basis) 3,000 3,500 4,000 4,500 5,000 5,500 6,000 Q1 Q2 Q3 Q4 2020 2021 14.6% • Container volume increased 14.6% YoY – Higher retail-related demand compared to pandemic-reduced level
Slide 8: Alaska
8 Preliminary Third Quarter 2021 Earnings Supplement Alaska Service Third Quarter 2021 Performance • Container volume increased 10.7% YoY – Addition of Alaska-Asia Express (AAX) seafood volume – Additional northbound sailing – Higher retail-related demand – Higher southbound volume • 3Q21 volume 12.
Slide 9: Matson Logistics Third Quarter 2021 Performance
9 Preliminary Third Quarter 2021 Earnings Supplement Matson Logistics Third Quarter 2021 Performance Operating Income $ 0.0 $ 2.0 $ 4.0 $ 6.0 $ 8.0 $ 10.0 $ 12.0 $ 14.0 $ 16.0 $ 18.0 Q1 Q2 Q3 Q4 $ in millions 2020 2021 $15.0 to $16.0 million • Operating income of $15.0 to $16.0 million; YoY change o