Matson (MATX) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for April 24, 2025, with shareholders voting on director elections, executive compensation, a new incentive plan, and auditor ratification.

• Shareholders can vote online, by phone, mail, or in person, and must present an admission ticket and ID to attend.

• The proxy materials are primarily distributed electronically to reduce costs and environmental impact.

Voting matters and shareholder proposals

• Proposals include electing seven directors, advisory approval of executive compensation, approval of the 2025 Incentive Compensation Plan, and ratification of Deloitte as auditor.

• The board recommends voting FOR all proposals.

• Shareholder proposals for the 2026 meeting must be submitted by November 10, 2025.

Board of directors and corporate governance

• The board consists of seven directors, six of whom are independent; 43% are women and 71% identify as racially or ethnically diverse.

• Board leadership combines the roles of Chairman and CEO, with a Lead Independent Director providing oversight.

• Annual board and committee self-evaluations, director stock ownership guidelines, and mandatory retirement age are in place.

• The board oversees succession planning, risk management, and sustainability initiatives.

• Shareholder engagement is ongoing, with meetings offered to holders of over 60% of stock in 2024.