FINANCIAL RESULTS FOR FY2022 3RD QUARTER

In order to continuously provide reliable service and best prevention efforts, Ocean Network
Express (ONE) will implement a surcharge, Compensation for Breach of Agreement (CBA),
for all shipments being misstated. The new level will be applicable across all trade lanes and
services and will be valid until further notice.

Jordan Food & Drug Administration (JFDA) have recently announced new regulations related to the import of Titanium Dioxide or food items that contain Titanium Dioxide.

Jordan Food & Drug Administration (JFDA) have recently announced new regulations related to the import of Titanium Dioxide or food items that contain Titanium Dioxide. These decisions have been made based on a study conducted by the European Food Safety Authority (EFSA), Titanium Dioxide is an additive (E171) that is not considered safe for use in the food industry.

The following decisions announced by JFDA will be applicable effective 1st January 2023.

• Ban importing Titanium Dioxide or any food items containing Titanium Dioxide and JFDA will cancel all previously issued permits allowing the import of Titanium Dioxide.
• Ban the use of Titanium Dioxide in any food production processes in Jordan.
• Suspend the registration of special-use food items and food supplements for
athletes that contains this substance.

TradeLens Update

<5 December 2022, Singapore> Ocean Network Express (ONE) will launch our latest
eCommerce feature, Import Shipment Overview, that strives to deliver the following services
to our customers:
- Import shipment Dashboard - Information such as Arrival notice readiness, Payment &
Invoice availability, Manifest and Surrender information will be easily accessible from the dashboard.
- Simple and user-friendly design with 24/7 access to information
- Self-service: Print, Email and Chat services for ease of accessibility

<5 December 2022, Singapore> Ocean Network Express (ONE) will launch our latest
eCommerce feature, Import Shipment Overview, that strives to deliver the following services
to our customers:
- Import shipment Dashboard - Information such as Arrival notice readiness, Payment &
Invoice availability, Manifest and Surrender information will be easily accessible from the dashboard.
- Simple and user-friendly design with 24/7 access to information
- Self-service: Print, Email and Chat services for ease of accessibility

Ocean Network Express (“ONE”) is pleased to announce that ONE will launch a new weekly service “IGS”, connecting India to/from the UAE.

<Service details>
Port Rotation : Jebel Ali – Mundra – Hazira – Nhava Sheva – Jebel Ali
Frequency : Weekly

The first sailing will commence with the M/V GFS GISELLE 0064E arriving at Jebel Ali on the 8th December 2022.

Ocean Network Express is pleased to announce our new operating weekly service,
Philippines Express 2 (PHX2).

Port Rotation : Singapore – Manila(North) – Davao - Singapore
Frequency : Weekly
Deployment : 2 x 1,000 nominal TEU ships
First sailing : the M/V Contrivia 0027N/S departing Singapore on the 10th November
2022.

FINANCIAL RESULTS FOR FY2022 2ND QUARTER