<26th May 2023, Singapore> Ocean Network Express (ONE) is pleased to announce an
upgrade of our IBC service where we will add a direct call to/from Gdynia to the service.

Ocean Network Express (ONE) is releasing Dashboard &amp; Reminder Feature via our Mobile
App..

Ocean Network Express (ONE) is excited to notify you of the opening of their first wholly owned Irish office, Ocean Network Express (Europe) Ltd, Ireland Branch on 1st June 2023.

To announce to all customers on the new additional coverage by AIM service.

Ocean Network Express Pte Ltd. (ONE) is proud to announce our sponsorship of the Penguin Cove in Bird Paradise, Singapore’s new bird park by the Mandai Wildlife Group.

FINANCIAL RESULTS FOR FY2022 4TH QUARTER

The ensuing COVID 2022 recovery cycle has brought strong inventory ramp-up for consumer merchandise at destination, leading to an over-correction, with recent sales and inventory levels moving adversely across the global markets. This has resulted in weaker demand in the first calendar quarter of 2023 as compared to that of previous two years'. At ONE, we continue to prudently manage our balance sheet and make strategic investments such as our own evolving decarbonization strategy and upgrading and enhancing our global customer service levels through our new Service Cloud system. We updated the “ONE INITIATIVES” at the end of FY 2022 Q4.

Ocean Network Express (ONE) is pleased to announce that Philippines Express 2
(PHX2) will change its port rotation as follows.

Port Rotation : Singapore – Manila(North) – Cebu - Singapore
Frequency : Bi-Weekly

The new rotation will start from M/V CONTSHIP ERA 081N/S departing Singapore on
the 22nd April 2023.

By the change, ONE will provide a quick, reliable, and efficient transport solution to
Philippines from our transhipment hub – Singapore by our Philippines Express
services.

PHX : Singapore <–> Subic Bay, Manila(N)
PHX2 : Singapore <–> Manila(N), Cebu
PHX3 : Singapore <–> Davao, General Santos

Should you have any questions, please contact your sales account representative or
Customer Service desk for additional information.

Ocean Network Express (ONE) is pleased to announce that the Africa, India and Middle East (AIM) service will increase its sailing frequency from fortnightly to weekly starting from May 2023. This is part of ONE’s commitment to enhance our services in Africa.

Ocean Network Express (ONE) is pleased to announce the launch of the ONE Eco Calculator, which calculates carbon dioxide (CO2) emissions from ONE’s operating vessels. The tool is one of the company’s milestones in its journey to net zero.