Maersk Investor Presentation Deck

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#1Company overview 2022 A.P. Møller-Mærsk A/S% Esplanaden 50, DK-1098 Copenhagen K/Registration no. 22756214 MAERSK#2Company overview Company overview The Danish Financial Statement Act §97a, point 4 has been applied in the company overview. Subsidiaries any A.P. Moller Finance SA A.P. Moller Singapore Pte. Ltd. A.P. Moller Terminals & Co. LLC Addicks & Kreye Container Service GmbH & Co. KG Addicks & Kreye Container Service Verwaltungs GmbH Adsteam Marine Pty Ltd Agence en Douane Richard S.á.r.l Aktieselskabet Roulunds Fabriker Aliança Administração de Imóveis e Participações Ltda. Alianca Holding GmbH Aliança Navegação e Logística Ltda. Almacenadora Antillana XXI S.A. ALS Customs Services Inc. American Linehaul Corporation APM Cargo Services Mobile, LLC APM Global Logistics Bangladesh Ltd. APM Terminals - Aarhus A/S APM Terminals Algeciras S.A. APM Terminals Ami Management DMcest APM Terminals Apapa Ltd. APM Terminals Argentina S.A. APM Terminals Atlantic B.V. APM Terminals B.V. APM Terminals Bahrain B.S.C. APM Terminals Barcelona S.L.U. APM Terminals Bulk Qingdao B.V. APM Terminals Callao S.A. APM Terminals Cameroun S.A. Country of incorporation Switzerland Singapore Oman Germany Germany Australia France Denmark Brazil Germany Brazil Venezuela Canada United States United States Bangladesh Denmark Peru Owned share 100% 100% 100% 100% 100% Spain 100% 100% 100% 100% 100% United Arab Emirates 100% Nigeria Argentina Netherlands Netherlands Bahrain Spain Netherlands 94% 100% 100% 100% 64% 100% 100% 64% 90% Cameroon 100% 100% 65% 51% Compar APM Terminals Castellon S.A.U APM Terminals Central America B.V. APM Terminals China Co. Ltd. APM Terminals Cote d'Ivoire SA APM Terminals Crane & Engineering Services (Shanghai) Co. Ltd. 51% 100% APM Terminals Crane & Engineering Services Ltd. 100% APM Terminals Deutschland Holding GmbH 100% APM Terminals Elizabeth, LLC APM Terminals Espagna Holding SL APM Terminals France Holding SAS APM Terminals France SAS APM Terminals Ghana Ltd. APM Terminals Gijon S.L. APM Terminals Gothenburg AB APM Terminals India Pvt. Ltd. APM Terminals Invest Company Ltd. APM Terminals Investment B.V. APM Terminals IS Cape Town (Pty) Ltd APM Terminals IS Durban (PTY) Ltd APM Terminals IS Johannesburg (Pty) Ltd APM Terminals Itajai S.A. APM Terminals Japan K.K. APM Terminals Jordan LLC APM Terminals Kano Limited APM Terminals Kenya Limited APM Terminals Latin America S.A. APM Terminals Lazaro Cardenas S.A. de C.V. APM Terminals Liberia Ltd. APM Terminals Maasvlakte II B.V. Country of incorporation Spain Netherlands Hong Kong Côte d'Ivoire China Hong Kong Germany United States Spain France France Ghana Spain Sweden India Hong Kong Netherlands South Africa South Africa South Africa Brazil Japan Jordan Nigeria Kenya Panama Mexico Liberia Netherlands Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 94% 100% 100% 100% 75% 100% Company APM Terminals Mali SA APM Terminals Management (Barcelona) S.L. APM Terminals Management (Shanghai) Co. Ltd. APM Terminals Management (Singapore) Pte. Ltd. APM Terminals Management B.V. APM Terminals Management Morocco APM Terminals Mauritania S.A APM Terminals Mauritius Holding Ltd. APM Terminals Mauritius Ltd. APM Terminals Mediterranean B.V. APM Terminals MedPort Tangier S.A. APM Terminals Mexico Holding B.V. APM Terminals Mexico S.A. de C.V. APM Terminals Mobile, LLC APM Terminals Moin S.A. APM Terminals Nansha Holding Ltd. APM Terminals Ningbo Company Ltd. APM Terminals North America B.V. APM Terminals North America Inc. APM Terminals Pacific LLC APM Terminals Pecem Operacoes Portuarias Ltda. APM Terminals Qingdao Company Ltd. APM Terminals Qingdao Holding Ltd. APM Terminals Quetzal S.A. APM Terminals Romania S.R.L. APM Terminals Shanghai Company Ltd. APM Terminals Southern Africa (Pty) Ltd. APM Terminals Spain Gateways S.L.U. APM Terminals Spain Railway, S.L.U. APM Terminals Subsidiaries B.V. Country of incorporation Mali Spain China Singapore Netherlands Morocco Mauritania Mauritius Mauritius Netherlands Morocco Netherlands Mexico United States Costa Rica Bermuda Hong Kong Netherlands United States United States Brazil Hong Kong Bermuda Guatemala Romania Hong Kong South Africa Spain Spain Netherlands A.P. MOLLER - MAERSK Owned share 100% 100% 100% 100% 100% 100% 60% 100% 100% 100% 80% 100% 100% 100% 100% 100% 100% 100% 100% 90% 75% 100% 100% 85% 100% 100% 100% 100% 100% 100% 2#3Company overview Subsidiaries Company APM Terminals Tangier SA APM Terminals Tanzania Ltd. APM Terminals Tianjin Company Ltd. APM Terminals Tianjin Holding Ltd. APM Terminals Tianjin International Co. Ltd. APM Terminals Tianjin International Holding Ltd. APM Terminals Trucking South Africa (Pty) Ltd APM Terminals Turkey Holding A.S. APM Terminals Uganda Ltd. APM Terminals Vado Holding B.V. APM Terminals Valencia S.A. APM Terminals Ventures B.V. APM Terminals Wilhelmshaven GmbH APM Terminals Xiamen Company Ltd. APM Terminals Xiamen Holding Ltd. APMT Inland Services Cote d'Ivoire APMT Senegal SA APMT Servicos Retroportuarios Ltda. APMT Stevedoring APMT Technical Services (Barcelona) SL APMT Trucking Aqaba Container Terminal Company (Pvt) Co. Atlantic Continental Holding AB B2C Europe (France) SAS B2C Europe (Netherlands) B.V. B2C Europe China Limited B2C Europe Commerce B.V. B2C Europe Holding B.V. B2C Europe Logistics B.V. B2C Europe Spain Ecommerce Logistics, S.L. B2C Europe Support B.V. B2C Europe USA Corp Bangkok Marine Company Ltd. Beijing Oubida International Freight Fowarding Company Limited Country of incorporation Morocco Tanzania, the United Republic of Hong Kong Bermuda Hong Kong Bermuda South Africa Turkey Uganda Netherlands Spain Netherlands Germany Hong Kong Bermuda Côte d'Ivoire Senegal Brazil Côte d'Ivoire Spain Côte d'Ivoire Jordan Sweden France Netherlands Hong Kong Netherlands Netherlands Netherlands Spain Netherlands United States Thailand Hong Kong Owned share 90% 88% 100% 100% 100% 100% 100% 100% 100% 50% 75% 100% 100% 100% 100% 100% 100% 100% 75% 100% 100% 50% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Company Bridge Intermodal Transporte Bolivia S.A. Capital International Freight Forwarding GmbH Caravelle Brokers GmbH Brigantine Admec Container Services (India) Pvt. Ltd. India Brigantine Services (Taiwan) Co. Ltd. Chuan Jui Chuan Logistics Co., Ltd. Chuan Jui Fu Logistics Co., Ltd. Claraway Company Ltd. Coil Transport Corporation Columbus Line Reederei GmbH Coman SA Constellation Navigation and Trading, Inc. Contopsa Inland Terminals SpA Damco A/S Damco Asia Investment BV Damco Belgium NV Damco Central America S.A. Damco China Ltd. Damco Customs Services Inc. Damco Czech Republic s.r.o. Damco Denmark A/S Damco Distribution Canada Inc. Damco Distribution Services Inc. Damco Eastern Europe ApS i likvidation Damco France SAS Damco Germany GmbH Damco Guatemala, S.A. Damco Hong Kong Ltd. Damco Hungary kft. Damco India Pvt. Ltd. Country of incorporation Damco Lanka Pvt. Ltd. Damco Latin America SEM, S.A. Damco Logistics Ghana Ltd. Damco Logistics Israel Ltd. Bolivia (Plurinational State of) Owned share Taiwan (Province of China) Germany Germany Taiwan, R.O.C. Taiwan, R.O.C. Hong Kong Liberia Germany Benin United States Chile Denmark Netherlands Belgium Panama China United States Czech Republic Denmark Canada United States Denmark France Germany Guatemala Hong Kong Hungary India Sri Lanka Panama Ghana Israel 49% 51% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Company Damco Logistics Kenya Ltd. Damco Logistics Mexico S.A. de C.V. Damco Logistics Portugal, Sociedade Unipessoal, Lda. Damco Logistics Pvt. Ltd. Damco Logistics Services Sdn. Bhd. Damco Logistics Uganda Ltd. Damco Netherlands B.V. Damco Pakistan Pvt. Ltd. Damco Poland Sp. z o.o. Damco Saudi Arabia LLC Damco Slovakia s.r.o. Damco Spain S.L. Damco Sweden AB Damco Switzerland GmbH Damco Taiwan Co. Ltd. Damco Ukraine Ltd. Damco Uluslararasi Tasimacilik Ve Lojistik A.S. Distribuciones Tikiting, S.L. DL Multiservicios S.A. de C.V. Dovana Holding AB DVL-Customs BVBA E-Class Holdings Inc. Egyptian International Container Terminal SA EM. Z. Svitzer A/S E-Ships Inc. Farrell Lines Inc. Felixarc Marine Ltd. Frey Australia Pty Ltd. Frey GP ApS Frey P/S Fung Omni Services (HK) Limited Fung Omni Services (Malaysia) Sdn. Bhd. Fung Omni Services (Shenzhen) Limited Fung Omni Services Limited Country of incorporation Kenya Mexico Portugal Sri Lanka Malaysia Uganda Netherlands Pakistan Poland Saudi Arabia Slovakia Spain Sweden Switzerland Taiwan (Province of China) Ukraine Turkey Spain Mexico Sweden Belgium United States Switzerland Denmark United States United States United Kingdom Australia Denmark Denmark Owned share A.P. MOLLER - MAERSK 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Hong Kong Malaysia. 100% China 100% British Virgin Islands 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 3#4Company overview Subsidiaries Company Gateway Terminals India Pvt. Ltd. Gerlach & Co. mit beschränkter Haftung GPRO Services India Private Limited GTD Solution Inc. Gujarat Pipavav Port Ltd. Hamburg Süd (China) Ltd. Hamburg Süd A/S & Co KG¹ Hamburg Südamerikanische Dampfschifffahrts- Gesellschaft A/S & Co KG¹ Hamburg Sud Australia Pty. Ltd. Hamburg Sud Colombia Ltda. Hamburg Süd Costa Rica S.A. Hamburg Süd Ecuador S.A. Hamburg Sud Egypt Maritime Agencies S.A.E. Hamburg Süd El Salvador S.A. de C.V. Hamburg Süd Gemicilik Acentaligi ve Nakliyat Limited Sirketi Hamburg Süd Guatemala S.A. Hamburg Sud Honduras S.A. Hamburg Süd Iberia S.A. Hamburg Süd India Pvt. Ltd Hamburg Sud Italia S.r.l. Hamburg Sud Korea Limited Hamburg Süd Panama S.A. Hamburg Süd Shipping Agency Ltd. Hamburg Süd Shipping LLC Hamburg Süd Singapore Pte Ltd Hamburg Süd Transportes S.A. Hamburg Süd Venezuela C.A. Hermes Int. Ltd. HN Spedition, Logistic & Consulting AS HNN Spedition, Logistic & Consulting AB Country of incorporation India Germany India United States India China Germany Germany Australia Colombia Costa Rica Ecuador Egypt El Salvador Turkey Guatemala Honduras Spain India Italy Korea (the Republic of) Owned share 74% 100% 100% 100% 44% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Panama 100% Taiwan, R.O.C. 100% United Arab Emirates 49% Singapore 100% 100% 100% 100% 100% Venezuela Venezuela Thailand Norway Sweden 100% Company Huub Aggregatomorrow Consulting S.A. Ibafon Container Terminal Nigeria Ltd. IDS Group Limited Inland Services (Hong Kong) Limited Inland Services (Thailand) Ltd. Inland Services Argentina S.A. Inland Services B.V. Inland Services Colombia S.A.S. Inland Services Kenya Investment Ltd. Interpost Limited Interseas Shipping Company S.A. KGH Accountancy & VAT Services AB KGH Accountancy & VAT Services AS KGH Belgium NV KGH Border Services Middle East Saudi Arabia LLC KGH Customs AB KGH Customs Services AB KGH Customs Services ApS KGH Customs Services AS KGH Customs Services B.V. KGH Customs Services GmbH KGH Customs Services Italy S.r.l. KGH Customs Services Osterreich GmbH KGH Customs Services OY KGH Customs Services S.á.r.l KGH Customs Services Schweiz AG KGH Customs Services UK Ltd KGH Customs Software A/S KGH Digital AB KGH Global Consulting AB KGH Group AB KGH Group AS LF (Philippines), Inc. Country of incorporation Owned share Portugal Thailand Argentina Netherlands Colombia 100% Nigeria 100% British Virgin Islands 100% Hong Kong 100% 49% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Kenya United Kingdom Panama Sweden Norway Belgium Saudi Arabia Sweden Sweden Denmark Norway Netherlands Germany Italy Austria Finland France Switzerland United Kingdom Denmark Sweden Sweden Sweden Norway Philippines Company LF Freight (Hong Kong) Limited LF Logistics (Australia) Pty Limited LF Logistics (Bangladesh) Limited LF Logistics (Cambodia) Limited LF Logistics (China) Co., Ltd. LF Logistics (Guangdong) Co., Ltd. LF Logistics (Hong Kong) Limited LF Logistics (India) Private Limited LF Logistics (Jiangsu) Co., Ltd. LF Logistics (Suzhou) Co., Ltd. LF Logistics (Taiwan) Limited LF Logistics (Taiwan) Limited Taiwan branch LF Logistics (Thailand) Limited LF Logistics (UK) Limited LF Logistics (Vietnam) Company Limited LF Logistics Development (M) Sdn. Bhd. LF Logistics Holding (Thailand) Limited LF Logistics Holdings (UK) Limited LF Logistics Holdings Limited LF Logistics Japan Limited LF Logistics Korea Limited LF Logistics Management Limited LF Logistics Pakistan (Private) Limited LF Logistics Services (M) Sdn. Bhd. LF Logistics Services Pte. Ltd. LFL Management (Thailand) Limited LFL Services (Thailand) Limited Logistics Services Village Company PSC M Holdings Ships Inc. Maersk Bolivia Transporte Maritimo S.A 1 Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG and Hamburg Süd A/S & Co KG, Hamburg, are in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law. Country of incorporation Hong Kong Australia Bangladesh Cambodia China China Hong Kong India China China Hong Kong Taiwan (Province of China) Thailand United Kingdom Vietnam Malaysia Thailand United Kingdom Bermuda Owned share Japan Korea (the Republic of) Hong Kong Pakistan Malaysia Singapore Thailand Thailand Jordan United States Bolivia (Plurinational State of) A.P. MOLLER - MAERSK 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 99% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 60% 100% 100% 4#5Company overview Subsidiaries Company Maersk (Angola) Lda. Maersk (Cambodia) Ltd. Maersk (China) OCL Co., Ltd Maersk (China) Shipping Company Ltd. Maersk (Mauritius) Ltd. Maersk A/S Maersk Adria d.o.o. Maersk Africa Holdings Ltd. Maersk Agency Denmark A/S Maersk Agency U.S.A. Inc. Maersk Agency Uganda Limited Maersk Air Cargo A/S Maersk Air Crew & Training Company A/S Maersk Algerie S.P.A. Maersk Aviation Holding A/S Maersk B.V. Maersk Bangladesh Ltd. Maersk Benin SA Maersk Botswana (Pty) Ltd. Maersk Brasil (Brasmar) Ltda. Maersk Bulgaria EOOD Maersk Cabo Verde, Unipessoal, SA Maersk Central America and Caribbean Ltd. Maersk Central America S.A. Maersk Chile S.A. Maersk China Ltd. Maersk Colombia S.A. Maersk Congo DRC SA Maersk Congo SA Maersk Connect New Zealand Limited Maersk Container Industry A/S Maersk Container Industry Qingdao Ltd. Country of incorporation Angola Cambodia China China Mauritius Denmark Slovenia Mauritius Denmark United States Uganda Denmark Denmark Algeria Denmark Netherlands Bangladesh Benin Botswana Brazil Bulgaria Cabo Verde Bermuda Panama Owned share Congo New Zealand Denmark China 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Chile China Colombia Congo (the Democratic Republic of the) 100% 100% 100% 100% 100% Company Maersk Container Industry San Antonio SpA Maersk Costa Rica S.A. Maersk Cote D'Ivoire SA Maersk Crew Management Services Philippines Inc. Philippines Maersk Crewing Australia Pty. Ltd. Australia Maersk Croatia d.o.o. Croatia United States Cyprus Czech Republic Nicaragua Ecuador Maersk Customs Services USA Inc. Maersk Cyprus Ltd. Maersk Czech Republic s.r.o. Maersk De Nicaragua S.A. Maersk Del Ecuador C.A. Maersk Denizcilik A.S. Maersk Deutschland A/S & Co. KG² Maersk Djibouti SARL Maersk Dominicana, SAS Maersk Eastern Europe ApS Maersk Eesti AS Maersk Egypt Shipping Agency SAE Maersk El Salvador S.A. de C.V. Maersk Ethiopia PLC Maersk Finland OY Maersk Fleet Management and Technology India Private Limited Maersk FPSOS A/S Maersk France SAS Maersk Gabon SA Maersk Gambia Ltd. Maersk Georgia LLC Maersk Ghana Ltd. Maersk Global Service Centres (Chengdu) Ltd. Maersk Global Service Centres (India) Pvt. Ltd. Maersk Global Service Centres (Philippines) Ltd. Maersk GP GmbH Country of incorporation 2 Maersk Deutschland A/S & Co. KG, Hamburg is in accordance with paragraph 264b HGB (German commercial code) be exempt to prepare, audit and disclose statutory financial statements and a management report in accordance with the German commercial law. 100% 100% 75% 100% 100% 100% 100% 100% 100% 100% 100% 100% Turkey Germany 100% Djibouti 60% Dominican Republic 100% Denmark 100% 100% Estonia Egypt 100% El Salvador 100% 100% 100% Chile Costa Rica Côte d'Ivoire Ethiopia Finland Owned share India Denmark France Gabon Gambia Georgia Ghana China India Hong Kong Germany 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Company Maersk GSC Holding A/S Maersk Guatemala S.A. Maersk Guinea Bissau Maersk Guinee SA Maersk H2S Safety Services A/S Maersk H2S Safety Services Australia Pty. Ltd. Maersk H2S Safety Services Brasil Servicos De Seguranca Contra Gas Sulfidrico Ltda. Maersk H2S Safety Services Italia S.r.l. Maersk Healthcare Trustee Ltd. Maersk Hellas Shipping Single Member Société Anonyme. Maersk Holding B.V. Maersk Holdings Ltd. Maersk Honduras S.A. Maersk Hong Kong Ltd. Maersk Hungary kft. Maersk Insurance A/S Maersk Integrated Logistics (FZC) SPC Maersk Inter Holding B.V. Maersk Iraq Company Ltd. Maersk Israel Ltd. Maersk Italia S.p.a. Maersk Jordan W.L.L. Maersk Kenya Ltd. Maersk Korea Ltd. Maersk Kuwait Co. W.L.L. Maersk L&S Egypt Free Zone (Limited Liability Company) Maersk Lanka Pvt. Ltd. Maersk Lesotho (Pty) Ltd. Maersk Liberia Ltd. Country of incorporation Denmark Guatemala Guinea-Bissau Guinea Denmark Australia Brazil Italy United Kingdom Greece Netherlands United Kingdom Honduras Hong Kong Hungary Denmark Oman Netherlands Iraq Israel Italy Jordan Kenya Korea (the Republic of) Kuwait Egypt Sri Lanka Lesotho Liberia A.P. MOLLER - MAERSK Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 49% 100% 40% 100% 100% 5#6Company overview Subsidiaries Company Maersk Line (Thailand) Ltd. Maersk Line Agency Cameroun S.A. Maersk Line Agency Holding A/S Maersk Line Argentina S.A. Maersk Line Belgium N.V. Maersk Line Crewing Hamburg ApS & Co KG Maersk Line FMT Hamburg GmbH Maersk Line India Pvt. Ltd. Maersk Line Mauritanie SA Maersk Line Myanmar Ltd. Maersk Line Netherlands B.V. Maersk Line Nyenyezi Limited Maersk Line Peru SAC Maersk Line PNG Limited Maersk Line UK Ltd. Maersk Line Zambia Limited Maersk Line, Limited Maersk Logistics & Services (Mauritius) Ltd Maersk Logistics & Services (Thailand) Co., Ltd. Maersk Logistics & Services Argentina S.A., Maersk Logistics & Services Australia Pty Ltd Maersk Logistics & Services Benin S.A Maersk Logistics & Services Brasil Ltda. Maersk Logistics & Services Burkina Faso S.A. Maersk Logistics & Services Canada Inc. Maersk Logistics & Services Chile S.p.A Maersk Logistics & Services Colombia Ltda. Maersk Logistics & Services d.o.o. Beograd Maersk Logistics & Services d.o.o. za medunarodno otpremnistvo Country of incorporation Thailand Cameroon Denmark Argentina Belgium Germany Germany India Mauritania Myanmar Netherlands Malawi Peru Papua New Guinea United Kingdom Zambia United States Mauritius Thailand Argentina Australia Benin Brazil Burkina Faso Canada Chile Colombia Serbia Croatia Ecuador Egypt Georgia Denmark Maersk Logistics & Services Ecuador S.A Maersk Logistics & Services Egypt Ltd. Maersk Logistics & Services Georgia LLC Maersk Logistics & Services International A/S Maersk Logistics & Services International A/S Jordan Jordan Maersk Logistics & Services International B.V. Netherlands Owned share 100% 90% 100% 100% 100% 100% 100% 100% 60% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Company Maersk Logistics & Services Ireland Limited. Maersk Logistics & Services Japan K.K. Maersk Logistics & Services Korea Ltd. Maersk Logistics & Services Malaysia Sdn. Bhd. Maersk Logistics & Services MALI S.A Maersk Logistics & Services Mauritanie SA Maersk Logistics & Services Myanmar Ltd. Maersk Logistics & Services New Zealand Limited Maersk Logistics & Services Niger S.A Maersk Logistics & Services Nigeria Ltd. Maersk Logistics & Services Panama, S.A. Maersk Logistics & Services Peru S.A. Maersk Logistics & Services Senegal S.A. Maersk Logistics & Services SI, storitve, d.o.o. Maersk Logistics & Services Singapore PTE. LTD. Maersk Logistics & Services Spain SL. Maersk Logistics & Services Togo S.A Maersk Logistics & Services USA Inc Maersk Logistics & Services Vietnam Company Limited Country of incorporation Ireland Japan Korea (the Republic of) Malaysia Mali Mauritania Myanmar New Zealand Niger Nigeria Panama Peru Senegal Slovenia Singapore Spain Togo United States Vietnam Cambodia Cameroon Owned share Morocco Tunisia Maersk Logistics and Services Tunisia Maersk Logistics And Services Uk Ltd Maersk Logistics Filipinas Inc. United Kingdom Philippines Kuwait Maersk Logistics Kuwait Co. W.L.L. Maersk Logistics Warehousing China Company Ltd. Hong Kong Maersk Lubricants A/S Denmark 100% 100% Maersk Logistics and Services (Cambodia) Co., Ltd Maersk Logistics And Services Cameroun S.A. Maersk Logistics and Services Fze 100% 100% 90% United Arab Emirates 100% United Arab Emirates 100% Morocco 100% Philippines 100% Maersk Logistics and Services South Africa (Pty) Ltd. South Africa 100% Maersk Logistics and Services LLC Maersk Logistics and Services Maroc SA Maersk Logistics And Services Philippines Inc. Maersk Logistics and Services Tangier Med Sarl D'au 100% 100% 100% 60% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 51% 100% 100% 54% 100% 100% Company Maersk Macau Ltd. Maersk Malaysia Sdn. Bhd. Maersk Maroc SA Maersk Mexico S.A. de C.V. Maersk Mozambique Lda. Maersk Namibia (Pty) Ltd. Maersk Nigeria Ltd. Maersk Norge AS Maersk Offshore (Bermuda) Ltd. Maersk Oil Trading and Investments A/S Maersk Oil Trading Inc. Maersk Oil Trading Panama S.A. Maersk Oil Trading Salalah SPC Maersk Oil Trading Singapore Pte. Ltd. Maersk Oil Trading Spain, S.L Maersk Oil Trading UK Limited Maersk Österreich GmbH Maersk Pakistan Pvt. Ltd. Maersk Panama S.A. Maersk Polska Sp. z o.o. Maersk Portugal - Agentes De Transportes Internacionais, Sociedade Unipessoal, Lda Maersk Property A/S Maersk Property Holding Limited Liability Company Maersk Qatar Maritime Services W.L.L. Maersk Romania S.R.L. Maersk Rwanda Ltd Maersk Saudi Arabia Maersk Senegal SA Maersk Ship Management B.V. Maersk Shipping Company Ltd. Maersk Shipping Hong Kong Ltd. Maersk Shipping Services & Co. LLC Maersk Sierra Leone Ltd. Maersk Singapore Pte. Ltd. Country of incorporation Macao Malaysia Morocco Mexico Mozambique Namibia Nigeria Norway Bermuda Denmark United States Panama Oman Singapore Spain United Kingdom Austria Pakistan Panama Poland Portugal Denmark Russian Federation Qatar Romania Rwanda Saudi Arabia Senegal Netherlands Sudan Hong Kong Oman Sierra Leone Singapore A.P. MOLLER - MAERSK Owned share 100% 100% 100% 100% 100% 100% 70% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 49% 100% 65% 100% 100% 6#7Company overview Subsidiaries Company Maersk Slovakia S.R.O. Maersk Solutions LLC Maersk Somalia Ltd Maersk South Africa (Pty) Ltd. Maersk South America Maersk Spain S.L.U. Maersk Supply America Latina Servicos Maritimos Ltda Maersk Supply Service (Angola) Lda. Maersk Supply Service A/S Maersk Supply Service Apoio Maritimo Ltda. Maersk Supply Service Brazil Holdings A/S Maersk Supply Service Canada Ltd. Maersk Supply Service Equatorial Guinea S.A.S. Maersk Supply Service Griffon Ghana Limited Maersk Supply Service Guyana Inc. Maersk Supply Service International A/S Maersk Supply Service Mexico Holdings S. de R. L. de C.V Maersk Supply Service Norway A/S Maersk Supply Service Philippines A/S Maersk Supply Service Subsea UK Limited Maersk Supply Service UK Ltd. Maersk Supply Service West Africa A/S Maersk Sverige AB Maersk Swaziland (Pty) Ltd. Maersk Switzerland GmbH Maersk Taiwan Ltd. Country of incorporation Slovakia 100% Russian Federation 100% Somalia 51% 100% South Africa Bermuda 100% Spain 100% Brazil Angola Denmark Brazil Denmark Canada Equatorial Guinea Ghana Guyana Denmark Mexico Norway Denmark United Kingdom United Kingdom Denmark Sweden Eswatini Switzerland Taiwan (Province of China) Togo Denmark Denmark Denmark Owned Company share Maersk Togo SA Maersk Trade Finance A/S Maersk Trade Finance Services A/S Maersk Training A/S Maersk Training Brasil Treinamentos Marítimos Ltda. Brazil Maersk Training DWC-LLC Maersk Training India Pvt. Ltd. 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% United Arab Emirates 100% India 100% Maersk Training New York Inc Maersk Training Nigeria Ltd. Maersk Training Norway AS Maersk Training Services India Private Limited Maersk Training TMS A/S Maersk Training UK Limited Maersk Training, Inc. Maersk Transport Limited Liability Company Maersk Trinidad Ltd. Maersk Ukraine Ltd. Maersk-Filipinas Crewing Inc. Maersk-Filipinas Inc. Mainstreet 1878 (Pty) Ltd Mainstreet 1879 (Pty) Ltd Manpower Excellence Sdn. Bhd. MCC Transport Philippines Inc. MLog Agencja Celna Sp. z o.o. Montevideo Port Services S.A. 100% 49% 100% 100% Maersk Uruguay S.A. Maersk Vietnam Ltd. Maersk Warehousing & Distribution Services USA LLC United States Maersk West and Central Asia Ltd. 100% 100% 65% 90% 100% 100% Bermuda Philippines Philippines South Africa South Africa Malaysia Philippines Poland 100% 100% Uruguay Norway China Liberia Australia China 100% 100% 100% Norway 100% China 100% Russian Federation 100% Ecuador 100% 100% 100% 100% 100% 100% Faroe Islands Ecuador United States Denmark United States Navitro Customs AS Nedlloyd (China) Ltd. Neptun Transport Corporation Network Cargo International Pty. Ltd. New Times International Transport Service Co. Ltd. Norwegian Safety Partners AS Country of incorporation Ocean East International Logistics Co. Ltd. 000 Svitzer Sakhalin Terminal Towage Operadora del Pacifico S.A. P/F Svitzer Faroe Islands Pacific Container Transport S.A. Performance Team Logistics LLC Phoenix X A/S Pilot Air Freight, LLC United States Nigeria Norway India Owned share 100% 100% 100% 100% Denmark 100% United Kingdom 100% United States 100% Russian Federation 100% Trinidad and Tobago 100% Ukraine 100% 100% 100% 100% Uruguay Vietnam 100% 100% 100% 100% 100% 30% 67% 100% 100% Company Pilot Airfreight de Mexico Pilot Customs Brokerage Services, LLC Pilot Truck Brokerage, LLC Port Towage Amsterdam B.V. Ports & Inland Services Egypt LLC Poti Sea Port Corporation JSC Precool Cold Storage (Pty) Ltd. PT Bintang Biru Indah PT Damco Indonesia PT Damco Trucking Indonesia PT Damco Warehousing Indonesia PT Maersk Indonesia PT Pelayaran Bintang Putih PT Seacon Bintang Sejahtera PT. LF Services Indonesia Rada S.A. Rederiaktieselskabet Kuling Rederiet A.P. Møller A/S Reefer Terminal S.p.A. ResQ Alfa AS ResQ AS ResQ Beta AS ResQ Holding AS ResQ Services AS Rijeka Gateway d.o.o. S.C.I. Route de L'Estuaire Safmarine (Pty) Ltd. Safmarine MPV NV Safmarine Pakistan Pvt. Ltd. Sea Land Iberica S.A. Sea Yard Holding SA Sealand Europe A/S Sealand Maersk Asia Pte. Ltd. Seayard SASU Senator Grundstucksverwaltung GmbH & Co. KG Senator International Argentina SA Country of incorporation Mexico United States United States Netherlands Egypt Georgia South Africa Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Costa Rica Denmark Denmark Italy Norway Norway Norway Norway Norway Croatia France South Africa Belgium Pakistan Spain France Denmark Singapore France Germany Argentina A.P. MOLLER - MAERSK Owned share 100% 100% 100% 100% 100% 100% 51% 100% 98% 98% 98% 98% 100% 50% 100% 100% 100% 100% 50% 100% 100% 100% 100% 100% 51% 100% 100% 100% 100% 100% 83% 100% 100% 42% 100% 100% 7#8Company overview Subsidiaries Company Senator International B.V. Senator International Colombia S.A.S. Senator International Freight Forwarding (Shanghai) Co. Ltd. Senator International Freight Forwarding (Shenzen) Co. Ltd. Senator International Freight Forwarding LLC Florida Senator International Freight Forwarding Ltd. Senator International Holding LLC Senator International Inc. Senator International Logistica do Brasil Ltda. Senator International Logistics (Pty) Ltd. Senator International Logistics Co., Ltd. Senator International Logistics GmbH Senator International Logistics Ltd. Senator International Logistics Ltd. (Thailand) Senator International Logistics S.L. Senator International Logistics SAS Senator International Peru SAC Senator International Singapore Private Ltd. Senator International Spedition GmbH³ Senator International Verpackungs GmbH Senator Logistics India Private Ltd. Senator Logistics SA de CV SETO - Societé D'exploitation du Terminal de Ouagadougou Shanghai Di Lian Information Technology Ltd. Shanghai IDS Distribution Co., Ltd. Shanghai Minghai Warehousing Service Company Ltd. SIA Maersk Latvija Siam Shoreside Services Ltd. Country of incorporation Netherlands Colombia China China United States United Kingdom United States Canada Brazil South Africa Vietnam Germany Hong Kong Thailand Spain France Peru Singapore Germany Germany India Mexico Burkina Faso China China China Latvia Thailand Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 99% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 20% 100% 100% 100% 100% 74% Company Sociedad Portuaria Terminal de Contenedores de Buenaventura S.A. Solopgang Services India Private Limited Soraqia Gateway St. Petri Shipping ApS & Co KG4 Star Air A/S Star Air Crew & Training Company A/S Star Container GmbH Star Container s.r.o. Star Container Services B.V. Star Container Spain S.A. Star Track Terminals Pvt. Ltd. Stillstrom A/S Suez Canal Container Terminal SAE Svitzer A/S Svitzer Africa Pty. Ltd. Svitzer Americas Company S.A. Svitzer Americas Terminal Towage, S.A. Svitzer Angola Lda. Svitzer Angola Shipowners BVI Ltd. Svitzer Argentina S.A.U. Svitzer Asia Pte. Ltd. Svitzer Australasia Group Limited Partnership Svitzer Australasia Holdings Pty. Ltd. Svitzer Australasia Services Pty. Ltd. Svitzer Australia Pty Ltd Svitzer Bahamas Ltd. Svitzer Bahrain W.L.L Svitzer Brasil Serviços Marítimos Ltda. Svitzer Canada Ltd. Svitzer Caribbean A/S Svitzer Contracting Pty Limited Country of incorporation Colombia India Jordan Germany Denmark Denmark Germany Czech Republic Netherlands 3 Senator International Spedition GmbH, Hamburg, is in accordance with paragraph 264 Abs.3 HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law. Owned share 62% 100% 100% 100% 100% 100% 100% 100% 100% 100% 51% Spain India Denmark Egypt 100% 55% 100% Denmark South Africa Panama 100% 100% 100% 60% Panama Angola British Virgin Islands 60% Argentina Singapore Australia 100% 100% 100% Australia Australia Australia Bahamas Bahrain 100% Svitzer Salvage Holding A/S 100% Svitzer Sohar LLC 100% 100% Svitzer Sverige AB Svitzer Tanger Med 100% Svitzer Terminals Australia Pty Limited Brazil 100% Svitzer Towage A/S Svitzer Towage GmbH Canada Denmark Australia 100% 100% 100% Terminal 4 S.A. Terminal Buenos Aires S.A. 4 St. Petri Shipping ApS & Co KG, Hamburg, is in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law. Company Svitzer Costa Rica S.A. Svitzer Eastlands Ltd. Svitzer Egypt LLC Svitzer EuroMed B.V. Svitzer Europe Holding B.V. Svitzer Georgia LLC Svitzer Growth Projects Pty Ltd Svitzer Hazira Pvt. Ltd. Svitzer Idku SAE Svitzer India Pvt. Ltd. Svitzer Joint Ventures Pty. Ltd. Svitzer Latin Americas B.V. Svitzer Liberia LLC Svitzer Marine Ltd. Svitzer Marine Mexico S. de R.L de C.V. Svitzer Mexico S.A. de C.V. Svitzer Middle East Ltd. Svitzer Netherlands B.V. Svitzer Panama Inc. Svitzer Peru S.A. Svitzer PNG Limited Svitzer Sakhalin Limited Liability Co. Svitzer Sakhalin B.V. Country of incorporation Costa Rica United Kingdom Egypt Netherlands Netherlands Georgia Australia 100% 100% 86% 100% 100% 100% 100% India 100% 80% Egypt India 100% 100% Australia 100% Netherlands Liberia 100% United Kingdom 100% Mexico 100% 100% Mexico British Virgin Islands 100% Netherlands 100% Panama 100% Peru 100% 100% Papua New Guinea Russian Federation Netherlands Denmark 100% 100% 100% Oman 100% Sweden 100% Morocco 70% Australia 100% Denmark 100% Germany 100% Argentina 100% Argentina 100% Owned share A.P. MOLLER - MAERSK 8#9Company overview Subsidiaries Company Terminal de Contenedores de Yucatan S.A. de C.V. Terminalservice AS The Customs Consultancy Limited The Maersk Company (Ireland) Ltd. The Maersk Company Ltd. Tikiting Germany GmbH Transporte & Logistica Paraguaya Sociedad de Responsabilidad Limitada Transporte Maritimo Maersk Venezuela S.A. Tromso Sped Sverige AB U.S. Marine Management, Incorporated UAB Maersk Line Lithuania Universal Maritime Service Corp. Unterstützungskasse GmbH der Hamburg Süd- amerikanischen Dampfschifffahrts-Gesellschaft Vado Gate Services S.C.A.R.L. VADO GATEWAY S.P.A. Vado Investment BV Visible Supply Chain Management LLC West Africa Container Terminal Nigeria Ltd. Wijsmuller Groningen B.V. Zimbabwe Shipping Holdings Ltd. Country of incorporation Mexico Norway United Kingdom Ireland United Kingdom Germany Paraguay Venezuela Sweden United States Lithuania United States KG Germany Italy Italy Netherlands United States Nigeria Netherlands Zimbabwe Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 20% 50% 84% 100% 100% 100% 100 % Associated companies Company Abidjan Terminal SA Acet Circular Solutions LTD Afresh Technologies Inc. Athus Terminal Container BotsAndUs Ltd. Brigantine International Holdings Ltd. Brigantine Services (Shanghai) Co. Ltd. Brigantine Services (Shenzhen) Co. Ltd. Brigantine Services Ltd. Cala Inc Carbmee GmbH Cenertech Svitzer Marine Service (Guangdong) Co. Ltd Channel Energy (Poti) Limited Georgia LLC Clockwork Inc Cnooc Zhuhai Shipping Services Co, Ltd Commonwealth Steamship Insurance Company Proprietary Limited Conakry Terminal S.A. Congo Terminal Holding SAS Congo Terminal SA Cosco Ports (Nansha) Ltd. Depot TMZ Services S.L. Deutsche Schiffahrtsagentur GmbH Doc Transshipment Poti LLC Forto GmbH Guangzhou South China Oceangate Container Terminal Co. Ltd. Höegh Autoliners Holdings AS Huboo Technologies Limited IncoDocs Ltd. iSee Inc. Isometric Technologies Inc. Itapoa Terminais Portuarios S.A. Jaro Fleet Technologies Inc. Kanoo Terminal Services Ltd. Country of incorporation Côte d'Ivoire United Kingdom United States Belgium United Kingdom Hong Kong China China Hong Kong United States Germany China Georgia United States China Germany Georgia Germany Owned Company share China Norway United Kingdom Australia United States United States Brazil United States Saudi Arabia 49% 3% 4% 18% 5% 30% 60% 60% 30% 8% 2% Australia Guinea 7% 25% 30% France Congo 15% British Virgin Islands 34% Spain 45% 50% 50% 4% 49% 25% 8% 29% 20% 26% 8% 8% 4% 7% 30% 11% 50% Loadsmart Inc. Loop Inc. Material Impact Inc Meridian Port Holdings Ltd. Meridian Port Services Ltd. Modifi B.V. New York Shipping Exchange, Inc. Ofload Ltd. Onomondo ApS Pacoci SA Pactum Al, Inc. Pelabuhan Tanjung Pelepas Sdn. Bhd. Pipavav Railway Corporation Limited Port of Salalah Development Company LLC Prometheus Fuels, Inc. PT Bonapelangi Devindo Qingdao Port Dongjiakou Multi-Purpose Terminal Co., Ltd. Qingdao Port Smart Logistics Qingdao Port Svitzer Towage Co. Ltd. Qingdao Qianwan United Advance Container Terminal Co. Ltd Shanghai Brigantine De Well Container Services Co. Ltd. Shanghai Tie Yang Multimodal Transportation Co. Ltd. Country of incorporation Smart Brigantine Container Services Co. Ltd. Societe De Participations Portuaires SAS South Asia Gateway Pvt. Ltd. Spacefill SAS Startchy Inc. United States United States United States United Kingdom Ghana Netherlands United States Australia Denmark China Qingdao Qianwan United Container Terminal Co. Ltd. China Qingdao Smart Information China Ripe.io Inc. United States Oman Salalah Port Services Company SAOG Seven Bridges Limited United Kingdom Côte d'Ivoire United States Malaysia India Oman United States Indonesia China China China China China China France Sri Lanka France United States A.P. MOLLER - MAERSK Owned share 3% 1% 5% 50% 35% 13% 4% 13% 13% 50% 5% 30% 17% 30% 1% 19% 20% 24% 45% 7% 10% 49% 15% 30% 3% 30% 29% 79% 40% 33% 4% 8% 9#10Company overview Associated companies Company Telesense Inc. Terminal Logistico de Buenaventura S.A.S. (sociedad por acciones simplificadas) Colombia Terminaux Du Bassin Du Congo Congo Tianjin Brigantine Goldlion Container Services Co. Ltd.China Tianjin Port Alliance International Container Terminal Co. Ltd. Tianjin Port Euroasia International Container Terminal Co. Ltd. Country of incorporation Torch Logistics, Inc. Trella Holding B.V. Unmade Ltd. Vertoro B.V. Vizion Inc. WasteFuel Global LLC United States Chinal China United States Netherlands United Kingdom Netherlands United States United States Owned share 7% 50% 15% 30% 20% 5% 12% 5% 3% 12% 5% 4% Joint ventures Company Adstan Tug Charters (Partnership) APM Terminals Dachan Company Ltd. Batangas Bay Towage, Inc Blue Dragon Logistics Co. Ltd. Blue Dragon Meishan Logistics Co., Ltd Bowen Towage Services Pty. Limited Brasil Terminal Portuario S.A. Bright Logistics (Shanghai) Co. Ltd. Cai Mep International Terminal Co. Ltd. Cape Fruit Coolers Pty. Ltd. Caribbean Tug & Barge Ltd. Caucedo Marine Service S.A. (DR Branch) Caucedo Marine Service S.A. (St. Kitts) Caucedo Marine Service S.A. (St. Lucia branch) Caucedo Marine Service S.A. (USVI branch) Caucedo Marine Service, S.A. China Terminal Services Holding Company Ltd. Coastal Tug & Barge Pty Ltd. Cote D'Ivoire Terminal SA Dihla-Dakosy Interessengemeinschaft Hamburger Lienienagenten GmbH Fos Holding SA Halifax Marine Towing Limited Halifax Marine Towing Limited Partnership LCB Container Terminal 1 Ltd. LCMT Company Ltd. LF Performance Services Sdn. Bhd. Maersk Supply Service Mexico S.A. de C.V. Millennium Marine Rail LLC Nakilat Svitzerwijsmuller Company W.L.L. New Ideal International Supply Chain Management (Guangzhou) Co., Ltd. Ningbo LongZhou Logistics Co. Ltd. North Sea Terminal Bremerhaven Gmbh and Co KG Country of incorporation Australia Hong Kong Philippines China China Australia Brazil China North Sea Terminal Bremerhaven 50% 50% Verwaltungsgesellschaft mbH 40% Pelepas Terminal Inland Services Sdn. Bhd. 50% Pier Maintenance Industrial LLC Point Tupper Towing Limited 50% 50% Point Tupper Towing Limited Partnership 50% Port Lincoln Tugs Pty. Ltd. PT Senator International Indonesia PTS Holdings Limited Vietnam 50% 49% South Africa 17% British Virgin Islands 50% Dominican Republic 50% Saint Kitts and Nevis 50% Saint Lucia 50% Owned share United States Minor Outlying Islands Panama Bermuda Australia Côte d'Ivoire Germany France Canada Canada Thailand Thailand Malaysia Mexico United States Qatar China China Germany 50% 50% 50% 50% 49% 20% 42% 50% 50% 35% 32% 70% 49% 50% 30% Company 49% 50% 50% Qingdao Bonded Logistics Park Revo International Warehousing Co. Ltd. Qingdao New Qianwan Container Terminal Co. Ltd. Qingdao Qianwan Container Terminal Co. Ltd. Rail Terminal Bremerhaven GmbH Repair Services LLC RiverWijs Burrup Pty. Ltd. Riverwijs Pty. Ltd. Riverwijs-Dampier Pty. Ltd. Senator International Chile S.A. Shanghai East Container Terminal Co. Ltd. Shenzhen Dapeng Svitzer Towage Company Ltd. Sitarail Smart International Logistics Company Ltd. SMN SOFIB South Florida Container Terminal LLC Star Shine Cargo Service (Shenzhen) Company Ltd. Svitzer (Barbados), Ltd. Svitzer Alireza Saudi Arabia Limited Svitzer Caribbean Dominicana, S.A.S Svitzer Caribbean Harbour Services, S.A. Svitzer Haiti S.A. Xiamen Songyu Container Terminal Co. Ltd. Yantian Svitzer (Huizhou) Towage Company Ltd. Country of incorporation Germany Malaysia United States Canada Canada Australia Indonesia Mauritius China China China Germany United States Australia Australia Australia Owned share Chile China China Côte d'Ivoire China Cameroon Côte d'Ivoire United States China Barbados Saudi Arabia Dominican Republic Panama Haiti China China A.P. MOLLER - MAERSK 50% 51% 50% 50% 50% 50% 40% 41% 49% 19% 20% 50% 51% 50% 50% 50% 10% 49% 49% 9% 49% 20% 14% 49% 50% 50% 50% 50% 50% 35% 25% 44% 10

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