A.P. Moller - Maersk Investor Presentation — August 2021

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Interim Report Q2 2021

The Interim Report for the 2nd Quarter 2021 for A.P. Møller - Mærsk A/S is hereby enclosed.

CEO of A.P. Møller - Mærsk A/S, Søren Skou, states:

“The strong results benefited both from the exceptional circumstances in Ocean, where congestions and bottlenecks continued to drive up rates, and

from solid progress in executing on our strategic transformation where we kept a firm focus on our customers need for integrated solutions across their

supply chains. I am pleased with the strategic progress we have made and the high value generation. We continue to build a higher quality Ocean

business with more long-term contracts, a rapidly growing logistics business, and a value creating terminals business. Our exceptional earnings and

high cash flow enable us to further accelerate our transformation, invest in growing our activities, also through acquisitions and at the same time return

cash to shareholders. To that effect we also announced today the acquisitions of Visible SCM and B2C Europe which complements our existing supply

chain offering and addresses our customers need for E-commerce logistics,” said Søren Skou of CEO A.P. Moller - Maersk.”

“The outlook for Q3 is strong and we expect that the current momentum in Ocean will continue into Q4, also benefitting our Terminals business.

Logistics & Services will continue its strong growth pattern for the rest of the year. As communicated on 2 August, we have upgraded our guidance for

2021 to an underlying EBITDA of USD 18-19.5bn, an EBIT of 14-15.5bn and a free cash flow expected to be minimum USD 11.5bn.“ Søren Skou said.