ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2023 Panama Canal Authority Vice Presidency for Operations Advisory To Shipping No. A-15-2023 April 5, 2023 TO : All Shipping Agents, Owners, and Operators SUBJECT : Monthly Canal Operations Summary – March 2023 1. Panama Canal Statistical Summary: a. Transit Pilot Force ................................................................................. ...........................282 b. Pilots in Training ................................................................................. ...........................7 c. Tugs ................................................................................. ...........................46 d. Locomotives ................................................................................. ...........................100 2. Traffic Statistics: Daily Average High Low Arrivals 35.74 46 22 Oceangoing Transits 35.90 39 34 Canal Waters Time (hours) 39.31 60.08 22.28 In-Transit Time (hours) 10.91 13.68 9.35 Oceangoing Transits: Total Daily Average Percentage Vessels of less than 91’ beam 222 7.16 19.95 Vessels 91’ beam to under 107’ beam 611 19.71 54.90 Neopanamax Vessels (107’ beam and over) 280 9.03 25.16 Total: 1113 35.90 100 Booking Slots: Available Used Percentage Neopanamax (vessels of 107’ beam and over) 227* 209* 1 92.07 Supers (vessels of 91’ beam to under 107’ beam) 403* 374* 1 92.80 Regular Vessels (less than 91' beam) 186* 166* 1 89.25 Auctioned booking slots 163 130 79.75 * Does not include additional auctioned booking slots ¹ Includes booked transits only 3. The following page provides the scheduled locks maintenance work and other information of interest to the shipping community. 4. This advisory will be canceled for record purposes on April 30, 2023. ORIGINAL SIGNED Boris Moreno Vásquez Vice President for Operations 3654 (OP-I) V. 29/03/2023 3654 (OP-I) V. 29/03/2023 OP, April 5, 2023. Subject: Monthly Canal Operations Summary – March 2023 SCHEDULE OF PANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Miraflores Pedro Miguel Gatun Estimated Capacity^ Expected Booking Condition Status March 6 to 8, 2023 7 hours per day East* 27-29 1.a Completed March 8, 2023 8 hours West* 26-28 1.a Completed March 24, 2023 6 hours West* 28-30 1.a Completed April 20, 2023 4 hours West* 30-32 1.a Tentative April 25, 2023 5 hours East* 29-31 1.a Tentative April 27, 2023 8 hours West* West* 26-28 1.a Tentative April 30 to May 2, 2023 12 hours per day West*** 22-24 1.a Tentative May 9 to 16, 2023 8 days West** 19-21 2 Tentative June 5 and 6, 2023 5 hours per day West* 29-31 1.a Tentative June 8, 2023 8 hours West* 26-28 1.a Tentative June 12 and 19, 2023 4 hours per day West* 30-32 1.a Tentative June 13 and 20, 2023 5 hours per day West* 30-32 1.a Tentative June 27 to July 4, 2023 8 days East*** 19-21 2 Tentative SCHEDULE OF NEOPANAMAX LOCKS MAINTENANCE OUTAGES Dates Duration Agua Clara Cocolí Estimated Capacity Expected Booking Condition Status March 7, 2023 5 hours * 9-10 1 Completed March 13, 2023 4 hours * 9-11 1 Completed March 14, 2023 6 hours * 8-9 1 Completed April 10, 2023 4 hours * 9-11 1 Tentative April 11, 2023 5 hours * 9-10 1 Tentative April 17, 2023 4 hours * 9-11 1 Tentative April 18, 2023 6 hours * 9-10 1 Tentative May 22, 2023 4 hours * * 9-11 1 Tentative May 23, 2023 5 hours * * 9-10 1 Tentative ^The normal transit capacity of the Panamax locks is 34-36 vessels per day, and in