FINANCIAL RESULTS FOR FY2024 1st Quarter

Ocean Network Express (ONE) is delighted to announce the enhancement of our KVT
(Korea-Vietnam-Thailand) service with exciting new details.

Korea-Vietnam-Thailand service (KVT)
Effective Vessel: MV SAWASDEE DENEB v2418S (ETA INC 4 Aug / LCH 17 Aug)
Port Rotation: INCHEON- GWANGYANG- PUSAN- HOCHIMINH- LAEM CHABANG
(Discharge call)- LAEM CHABANG (Load call)- HOCHIMINH

ONE Customer,
We would like to inform you that as of July 1, 2024, a fee for the pre-assignment service at DPWL will be applied at the Callao and Paita locations.

Starting August 21st, 2024, ONE will operate in Cambodia through a new local representative, O.N.E. Ocean Network Express (Cambodia) Co., Ltd.

You may notice minor changes in ONE system, especially the nomenclatures that are being modified from Element Shipping Co., Ltd to Ocean Network Express.

Kindly arrange to register O.N.E. Ocean Network Express (Cambodia) Co., Ltd. as your new supplier for invoices and local charges.

Ocean Network Express (ONE) would like to inform you of the EU ETS Calculation Logic &
Latest Developments.

Bringing together leading specialists and partners, as well as sharing cutting-edge technology.

Ocean Network Express (ONE)were the organizers of the Reefer Seminar 2024, which was held on July 4th and 5th, 2024, at the Hotel Grand Isla Navidad in Manzanillo, the city where one of Mexico's most important ports is located. This exclusive annual event brought together various market players and experts to discuss innovations and best practices in the refrigerated cargo logistics sector. Among the main products exported from Mexico via ship are bananas, avocados and meat.

Ocean Network Express (ONE) is delighted to announce that we are launching a new shuttle service, Asia Latin America Express 4 (ALX4), to meet the increased capacity demand for Asia to Mexico West Coast cargoes.

Service Name: Asia Latin America 4 Express (ALX4)
Effective Vessel: MV ONE Reputation, Voy 0002E (ETA Shanghai 16/August 2024).
Port Rotation: Shanghai - Busan - Lazaro Cardenas - Shanghai

Ocean Network Express (ONE) is delighted to announce the enhancement of our KCS2
(Korea-China-Straits 2) service with exciting new details.

Korea-China-Straits 2 service (KCS2)
Effective Vessel: MV KMTC DALIAN, Voy 2407S (ETA Pusan 04/July)
Port Rotation: PUSAN-INCHEON-QINGDAO-SHANGHAI-SINGAPORE-PORT KLANG-
CAT LAI-SHEKOU

ONE Customer, We are pleased to announce the upcoming ONE's New Service connecting the US Gulf to East Coast South America to be included in our Services Network in Latin America starting at the end of July 2024.

This new service is complementary to the current ANSG service, and will allow multiple connections to all ONE Services Network: Asia (via Cartagena), Central America, West Coast South America, US East and West Coasts.