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Matson, Inc. Declares Quarterly Dividend

Honolulu, January 23, 2025 - Matson, Inc. (NYSE: MATX), a prominent U.S. carrier serving the Pacific region, has officially declared a quarterly dividend of $0.34 per common share for the first quarter of 2025. This dividend reflects the company’s commitment to providing steady returns to its shareholders and is set to be paid on March 6, 2025. Shareholders who are on record as of February 6, 2025, will be eligible for this payment.

Founded in 1882, Matson has established itself as a leading provider of ocean transportation and logistics services. The company plays a vital role in supporting the economy of various non-contiguous U.S. regions, including Hawaii, Alaska, and Guam, as well as numerous island economies in Micronesia. Matson's operations extend beyond these areas, as the company also provides expedited services from China to Long Beach, California, along with routes servicing Okinawa, Japan, and several islands in the South Pacific.

Matson's fleet features a diverse range of vessels, including both owned and chartered containerships, roll-on/roll-off ships, and specially designed barges. This extensive fleet is essential for meeting the unique logistical demands associated with transportation in the Pacific and beyond.

In addition to its maritime offerings, Matson Logistics, established in 1987, broadens the company’s transportation network throughout North America and Asia. This division provides a comprehensive suite of logistics services, which includes rail intermodal transport, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding, especially to Alaska.

The declaration of a dividend is not just a financial decision but also a testament to Matson’s robust operational performance and financial stability. The company is focused on delivering value to its shareholders while continuing to meet the growing needs of its customers across the Pacific region and beyond. With the dividend's commitment, Matson demonstrates its confidence in future earnings and overall market conditions.

For ongoing updates and further information about Matson and its operations, please visit their official website at www.matson.com.

In summary, Matson, Inc.’s announcement of the $0.34 dividend showcases its strong position within the transportation sector and its dedication to shareholder value. As we look toward 2025, stakeholders can anticipate continued developments and announcements from this key player in the Pacific logistics market.