5 June 2023 - Kure in Hiroshima, Japan - Ocean Network Express (ONE) is pleased to announce that “ONE INNOVATION”, the company’s first ever 24,000-TEU Megamax, was successfully delivered at Kure Shipyard of Japan Marine United Corporation on 2 June 2023.

It is with great pleasure that from the 1st of August 2023, ONE will be operating via our new
representative agency in Benin, R-Logistic Benin S.A.

It is with great pleasure that from the 1st of August 2023, ONE will be operating via our new
representative agency in Senegal, R-Logistic Senegal S.A.

<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.