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-02-2023 February 1, 2023 TO : All Shipping Agents, Owners, and Operators SUBJECT: Draft Adjustment to 15.09 m (49.5 feet) TFW for the Neopanamax Locks Based on the present and projected level of Gatun Lake for the upcoming weeks, the Panama Canal Authority (ACP) announces that effective March 1, 2023, the maximum authorized draft allowed for vessels transiting the Neopanamax locks will be 15.09 m (49.5 feet) TFW. Vessels arriving with drafts over 15.09 m (49.5 feet) TFW may be allowed to transit past March 1, 2023, depending on the actual level of Gatun Lake at the time of transit. Otherwise, they will be required to trim or off-load cargo in order to be allowed to transit. Draft reductions will be announced in 15.24 cm (6 inch) decrements, generally with at least four weeks advance notice. The ACP will continue to monitor the level of Gatun Lake in order to announce future draft adjustments in a timely manner. ORIGINAL SIGNED Ilya R. Espino de Marotta Deputy Administrator and Vice President for Operations 3654-A (OP-I) V. 4/01/2023