FINANCIAL RESULTS FOR FY2022 1ST QUARTER

Global uncertainties such as rising inflation, a surging US dollar, high fuel prices and the ongoing Russia-Ukraine conflict play significantly on the confidence of general consumers. In spite of these circumstances, at ONE, we continue to press ahead with our midterm and green strategy, putting customers and sustainability at the heart of what we do. We updated “ONE INITIATIVE” at the end of FY2022 Q1.

Ocean Network Express (“ONE”) is pleased to announce the release of our Sustainability Report 2022.

<25 July 2022, Singapore> Ocean Network Express (ONE) will launch a
customizable screen layout in our Mobile App.

This is to inform you on the delay of PS3 service vessel ONE COMPETENCE V.081W.

<6 July 2022, Singapore> Ocean Network Express (ONE) will enhance the homepage of Mobile App to have a centralized search that will be linked to different features of the Application for the Customer convenience.

Ocean Network Express (ONE) held a vibrant ceremony to mark the opening of its new ONE Green Office in Singapore today.

Ocean Network Express (North America) Inc. recently received information concerning the unauthorized use of our trade name, brand, and likeness by fraudsters posing as a shipping company using our address, logo, and the similar name “Ocean Network Express Global International” and “ONE Global International

Penalty fee to be levied for weight misdeclaration over +/-3TON/TEU wef 1st July 2022.

Ocean Network Express (Japan) Ltd. Announced today that ONE Japan and Mitsui O.S.K Lines, Ltd. (MOL) have collaborated with Sogo & Seibu Co Ltd., and the Japanese Organization for International Cooperation in Family Planning (JOICFP (Note 1)) in a project to distribute shoes to disadvantaged children in Zambia. As part of this project, ONE Japan and MOL have provided the ocean transport service needed to ship the shoes from Japan to Zambia.