Maersk Investor Presentation Deck

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#1Company overview 2021 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 Company A.P. Moller Finance SA A.P. Moller Singapore Pte. Ltd. A.P. Moller Terminals & Co. LLC ABS Packaging 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 Agencia Columbus Chile S.p.A. Agencia Columbus SAC Aktieselskabet Roulunds Fabriker Aliança Administração de Imóveis e Participações Ltda. Alianca Holding GmbH Aliança Navegação e Logística Ltda. Aliança Singapore Pte Ltd. Alianca Transporte Multimodal Ltda. Almacenadora Antillana XXI S.A. ALS Customs Services Inc. APM Cargo Services Mobile, LLC APM Global Logistics Bangladesh Ltd. APM Global Logistics Peru S.A. 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. Country of incorporation Switzerland Singapore Oman United States Germany Germany Australia France Chile Peru Denmark Brazil Germany Brazil Singapore Brazil Venezuela Canada United States Bangladesh Peru 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% United Arab Emirates 100% Nigeria Argentina Netherlands Netherlands Denmark Spain 94% 100% 100% 100% 64% 100% 100% 64% Bahrain Spain Netherlands Owned share Peru 100% 100% 65% 100% 51% 51% 100% 100% 100% 100% 100% Subsidiaries Company APM Terminals Cameroun S.A. 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. APM Terminals Crane & Engineering Services Ltd. APM Terminals Dalian Holding Ltd. APM Terminals Deutschland Holding GmbH 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 Inland Services S.A. 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 Latin America S.A. APM Terminals Lazaro Cardenas S.A. de C.V. Country of incorporation Cameroon Spain Netherlands Hong Kong Côte d'Ivoire China Hong Kong Bermuda Germany United States Spain France France Ghana Spain Sweden India Peru Hong Kong Netherlands South Africa South Africa South Africa Brazil Japan Jordan Nigeria Panama Mexico Liberia Netherlands APM Terminals Liberia Ltd. APM Terminals Maasvlakte II B.V. APM Terminals Mali SA Mali APM TERMINALS MANAGEMENT (BARCELONA) S.L. Spain A.P. MOLLER - MAERSK Owned share 90 % 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 94% 100% 100% 75% 100% 100% 100% 2#3Company overview Subsidiaries Company 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. APM Terminals Tangier SA APM Terminals Tanzania Ltd. APM Terminals Tianjin Company Ltd. APM Terminals Tianjin Holding Ltd. APM Terminals Tianjin International Co. Ltd. Country of incorporation Chinal 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 Morocco United Republic of Tanzania Hong Kong Bermuda Hong Kong Owned share 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% 90% 80% 100% 100% 100% Subsidiaries Company APM Terminals Tianjin International Holding Ltd. APM Terminals Trucking South Africa (Pty) Ltd APM Terminals Turkey Holding A.Ş. 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. APM Terminals Yangshan 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 Atlantic Pacific Marine Corporation 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 Bridge Intermodal Transport S.A. Bridge Intermodal Transporte Bolivia S.A. Country of incorporation Bermuda South Africa Turkey Uganda Netherlands Spain Netherlands Germany Hong Kong Bermuda Bermuda Côte d'Ivoire Senegal Brazil Côte d'Ivoire Spain Côte d'Ivoire Jordan Sweden United States France Netherlands Hong Kong Netherlands Netherlands Netherlands Spain Netherlands United States Thailand Hong Kong Chile Bolivia Owned share 100% 100% 100% 100% 50% 75% 100% 100% 100% 100% 100% 100% 100% 100% 75% 100% 100% 50% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 74% 100% 100% 49% Subsidiaries Company Brigantine Admec Container Services (India) Pvt. Ltd. India Brigantine Services (Taiwan) Co. Ltd. Caravelle Brokers GmbH Cartagena Container Terminal Operator S.A.S. Claraway Company Ltd. Coil Transport Corporation COLUMBUS LINE Reederei GmbH Coman SA Constellation Navigation and Trading, Inc. Container Operators S.A. Contopsa Inland Terminals SpA Damco (Cambodia) Ltd. Damco (UAE) FZE Damco A/S Damco Asia Investment BV Damco Australia Pty. Ltd. Damco Belgium NV Damco Central America S.A. Damco Chile 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 France SAS Damco Germany GmbH Damco Guatemala, S.A. Country of incorporation Damco Hong Kong Ltd. Damco Hungary kft. Damco India Pvt. Ltd. DAMCO Japan K.K. Damco Lanka Pvt. Ltd. Damco Latin America SEM, S.A. Taiwan, R.O.C. Germany Colombia 51% 100% 100% Hong Kong Liberia Germany Benin 51% 100% 100% 100% 100% 100% United States Chile 100% Chile 100% Cambodia 100% United Arab Emirates 100% Denmark 100% 100% Netherlands Australia 100% Belgium 100% Panama 100% Chile 100% China 100% United States 100% Czech Republic 100% 100% Denmark Canada 100% 100% 100% United States France Germany Guatemala Hong Kong Hungary India Japan Sri Lanka Panama Owned share A.P. MOLLER - MAERSK 100% 100% 100% 100% 100% 100% 100% 100% 3#4Company overview Subsidiaries Company Damco Logistics (Thailand) Co. Ltd. Damco Logistics Ghana Ltd. Damco Logistics Israel Ltd. Damco Logistics Korea Ltd. Damco Logistics LLC Damco Logistics Mexico S.A. de C.V. Damco Logistics Myanmar Ltd. Damco Logistics Portugal, Sociedade Unipessoal, Lda. Damco Logistics Pvt. Ltd. Damco Logistics Services Sdn. Bhd. Damco Logistics Singapore Pte. Ltd. Damco Logistics Uganda Ltd. Damco Netherlands B.V. Damco New Zealand Ltd. Damco Pakistan Pvt. Ltd. Damco Peru, S.A Damco Philippines Inc. 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.Ş. Damco USA Inc. DAMCO VIETNAM COMPANY LIMITED DL Multiservicios S.A. de C.V. Doc Transshipment Poti LLC Dovana Holding AB DVL-Customs BVBA E-Class Holdings Inc. Country of incorporation Thailand 74% Ghana 100% Israel Republic of Korea 100% 100% United Arab Emirates 49% Mexico 100% 100% Myanmar Portugal Sri Lanka Malaysia Singapore Uganda Netherlands New Zealand Pakistan Peru Philippines Poland Saudi Arabia Slovakia Spain Sweden Switzerland Taiwan, R.O.C. Ukraine Turkey United States Vietnam Mexico Georgia Sweden Owned share Belgium United States 100% 100% 49% 100% 100% 100% 100% 100% 100% 40% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 100% Subsidiaries Company Egyptian International Container Terminal SA EM. Z. SVITZER A/S E-Ships Inc. Farrell Lines Inc. Felixarc Marine Ltd. Frey GP ApS Frey P/S Furness Withy (Australia) Pty. Limited Furness Withy (Chartering) Limited Gateway Terminals India Pvt. Ltd. Gerlach & Co. mit beschränkter Haftung GPRO Services India Private Limited Great Lakes Ports Ltd. GTD Solution Inc. Gujarat Pipavav Port Ltd. Hamburg Süd (China) Ltd. Hamburg Süd A/S & Co KG Hamburg Süd Australia Pty. Ltd. Hamburg Süd Colombia Ltda. Hamburg Süd Costa Rica S.A. Hamburg Süd Ecuador S.A. Hamburg Süd Egypt Maritime Agencies S.A.E. Hamburg Süd El Salvador S.A. de C.V. Hamburg Süd France S.A.S. Hamburg Süd Gemicilik Acentaligi ve Nakliyat Limited Sirketi Hamburg Süd Guatemala S.A. Hamburg Süd Honduras S.A. Hamburg Süd Hong Kong Limited Hamburg Süd Iberia S.A. Hamburg Süd India Pvt. Ltd Hamburg Süd Italia S.r.l. Hamburg Süd Korea Limited Hamburg Süd Mexico S.A. de CV Country of incorporation Switzerland Denmark United States United States United Kingdom Denmark Denmark Australia United Kingdom India Germany India Kenya United States India China Germany Australia Colombia Costa Rica Ecuador Egypt El Salvador France Turkey Guatemala Honduras Hong Kong Spain India Italy Republic of Korea Mexico Owned share Subsidiaries 100% 100% 100% 100% 100% 100% 100% 100% 100% Company Hamburg Süd New Zealand Ltd. Hamburg Süd Norden AB Hamburg Süd North America Inc. Hamburg Süd Panama S.A. Hamburg Süd Shipping Agency Ltd. Hamburg Süd Shipping LLC Hamburg Süd Singapore Pte Ltd Hamburg Süd Transportes S.A. 100% 100% 100% 100% 100% 100% 100% 100% 100% 74% 100% 100% 100% 100% 44% 100% Hamburg Süd Venezuela C.A. Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG HN Spedition, Logistic & Consulting AS HNN Spedition, Logistic & Consulting AB Holdingselskabet Af 19. Marts 2010 A/S HS GP ApS Huub Aggregatomorrow Consulting S.A. 100% Ibafon Container Terminal Nigeria Ltd. 100% Inland Services (Hong Kong) Limited 100% 100% Inland Services (Thailand) Ltd. Inland Services Argentina S.A. 100% Inland Services B.V. 41% Inland Services Colombia S.A.S. 100% Inland Services Kenya Investment Ltd. Interpost Limited 100% 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. Country of incorporation New Zealand Sweden 100% 100% United States 100% Panama 100% Taiwan, R.O.C. 100% United Arab Emirates 49% Singapore 100% 100% Venezuela Venezuela 100% Germany Norway Sweden Denmark Denmark Portugal Nigeria Hong Kong Thailand Argentina Netherlands Colombia Kenya United Kingdom Panama Sweden Norway Belgium Saudi Arabia Sweden Sweden Denmark Norway Netherlands Owned share A.P. MOLLER - MAERSK 100% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%#5Company overview Subsidiaries Company KGH Customs Services GmbH KGH Customs Services Italy S.r.l. KGH Customs Services Österreich 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 LLC Maersk LMD Logistics, Inc. Logistics Services Village Company PSC M Holdings Ships Inc. Maersk Bolivia Transporte Maritimo S.A 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 Algerie S.P.A. Maersk Aviation Holding A/S Maersk B.V. Maersk Bangladesh Ltd. Country of incorporation Germany Italy Austria Finland France Switzerland United Kingdom Denmark Sweden Sweden Sweden Norway Russian Federation United States Jordan United States Bolivia Angola Cambodia China China Mauritius Denmark Slovenia Mauritius Denmark United States Uganda Algeria Denmark Netherlands Bangladesh Owned share 100% 100% 100% 100% 100% 100% 100% Subsidiaries Company Maersk Benin SA Maersk Botswana (Pty) Ltd. Maersk Brasil (Brasmar) Ltda. Maersk Bulgaria EOOD Maersk Cabo Verde, Unipessoal, SA Maersk Canada Inc. 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 Country of incorporation Benin Botswana Brazil Bulgaria Cabo Verde Canada Bermuda Panama Chile China Colombia Democratic Republic of the Congo Congo Denmark China China Chile Costa Rica Côte d'Ivoire 100% 100% 100% 100% 100% 100% 100% Maersk Congo SA 60% Maersk Container Industry A/S Maersk Container Industry Dongguan Ltd. Maersk Container Industry Qingdao Ltd. 100% 100% 100% 100% 100% Maersk Container Industry San Antonio SpA Maersk Costa Rica S.A. Maersk Cote D'Ivoire SA 100% Maersk Crew Management Services Philippines Inc. Philippines Maersk Crewing Australia Pty. Ltd. Australia 100% 100% Maersk Crewing Ltd. United Kingdom Croatia 100% Maersk Croatia d.o.o. 100% Maersk Customs Services USA Inc. United States Cyprus 100% Maersk Cyprus Ltd. 100% Maersk Czech Republic s.r.o. Czech Republic Nicaragua 100% Maersk De Nicaragua S.A. Maersk Del Ecuador C.A. Ecuador Maersk Denizcilik A.Ş. Turkey 100% 100% 100% Maersk Deutschland A/S & Co. KG¹ 100% Maersk Djibouti SARL Germany Djibouti Owned share 1 Maersk Deutschland A/S & 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 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 75% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 60% Subsidiaries Company 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 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. Country of incorporation Dominican Republic 100% Denmark 100% Estonia 100% 49% 100% 100% 100% Egypt El Salvador Ethiopia Finland India Denmark France Gabon Gambia Georgia Ghana China India Hong Kong Germany Denmark Guatemala Guinea-Bissau Guinea Denmark Australia Brazil Italy United Kingdom Greece Netherlands 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% 100% 100% 100%#6Company overview Subsidiaries Company Maersk Holdings Ltd. Maersk Honduras S.A. Maersk Hong Kong Ltd. Maersk Hungary kft. Maersk Inc. Maersk Insurance A/S 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. 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. Country of incorporation United Kingdom Honduras Hong Kong Hungary United States Denmark Netherlands Iraq Israel Italy Jordan Kenya Republic of Korea Kuwait Egypt Sri Lanka Lesotho Liberia Thailand Cameroon Denmark Argentina Belgium Germany Germany India Owned share Mauritania Myanmar Netherlands 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 49% Subsidiaries Company Maersk Line Zambia Limited Maersk Line, Limited Maersk Logistics & Services (Mauritius) Ltd MAERSK LOGISTICS & SERVICES ARGENTINA S.A. 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 Colombia Ltda. Maersk Logistics & Services d.o.o.za međunarodno otpremništvo MAERSK LOGISTICS & SERVICES IRELAND LIMITED Maersk Logistics & Services Malaysia Sdn. Bhd. Maersk Logistics & Services MALI S.A Maersk Logistics & Services Mauritanie SA Maersk Logistics & Services Niger S.A 99% 40% 100% 100% 87% 90% 100% Maersk Logistics & Services Nigeria Ltd. 100% Maersk Logistics & Services Panama, S.A. 100% Maersk Logistics & Services Senegal S.A. 100% Maersk Logistics & Services SI, storitve, d.o.o. 100% Maersk Logistics & Services Spain SL. 100% 60% 100% 100% Malawi 100% 100% Peru Papua New Guinea 100% United Kingdom 100% Maersk Logistics & Services Ecuador S.A Maersk Logistics & Services Egypt Ltd. Maersk Logistics & Services International A/S Maersk Logistics & Services International A/S Jordan Maersk Logistics & Services International B.V. Country of incorporation Maersk Logistics and Services Tangier Med SARL D'AU Zambia United States Mauritius Argentina Benin Brazil Burkina Faso Canada Colombia Maersk Logistics and Services Tunisia MAERSK LOGISTICS AND SERVICES UK LTD Croatia Ecuador Egypt Denmark Jordan Netherlands Ireland Malaysia Mali Mauritania Maersk Logistics & Services Togo S.A MAERSK LOGISTICS AND SERVICES CAMEROUN S.A. Cameroon Morocco Niger Nigeria Panama Senegal Slovenia Spain Togo Maersk Logistics and Services Maroc SA Maersk Logistics and Services South Africa (Pty) Ltd. South Africa Morocco Tunisia United Kingdom Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 60% 100% 100% 100% 100% 100% 100% 100% 90% 100% 100% 100% 50% 100% Subsidiaries Company Maersk Logistics Kuwait Co. W.L.L. Kuwait Maersk Logistics Warehousing China Company Ltd. Hong Kong Maersk Lubricants A/S Denmark Macao Maersk Macau Ltd. Maersk Malaysia Sdn. Bhd. Maersk Maroc SA Malaysia Morocco Mexico 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. Country of incorporation Maersk Panama S.A. Maersk Polska Sp. z o.o. Maersk Portugal - Agentes De Transportes Internationais Lda. Mozambique Namibia Nigeria Norway Bermuda Denmark United States Panama Oman Singapore Spain United Kingdom Austria Pakistan Panama Poland Portugal Denmark Maersk Property A/S Maersk Property Holding Limited Liability Company Russian Federation Maersk Qatar Maritime Services W.L.L. Qatar Maersk Romania S.R.L. Maersk Rwanda Ltd Maersk Saudi Arabia Maersk Senegal SA Maersk Services USA Inc. Maersk Ship Management B.V. Romania Rwanda Saudi Arabia Senegal United States Netherlands A.P. MOLLER - MAERSK Owned share 54% 100% 100% 100% 100% 100% 100% 100% 100% 70% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100% 100% 100% 100% 100%#7Company overview Subsidiaries Company Maersk Shipping Company Ltd. Maersk Shipping Hong Kong Ltd. Maersk Shipping Services & Co. LLC Maersk Sierra Leone Ltd. Maersk Singapore Pte. Ltd. Maersk Slovakia S.R.O. Maersk Solutions LLC Maersk South Africa (Pty) Ltd. Maersk South America Ltd. 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. Maersk Togo SA Maersk Trade Finance A/S Country of incorporation Sudan Hong Kong Oman Sierra Leone Singapore Slovakia Russian Federation South Africa Bermuda Spain Brazil Angola Denmark Brazil Denmark Canada Equatorial Guinea Ghana Guyana Denmark Mexico Norway Denmark United Kingdom United Kingdom Denmark Sweden Eswatini Switzerland Taiwan, R.O.C. Togo Denmark Owned share 49% 100% 65% 100% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100% 100% 100% 65% 90% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Subsidiaries Company 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. 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 Uruguay S.A. Maersk Vietnam Ltd. Maersk West and Central Asia Ltd. Maersk-Filipinas Crewing Inc. Maersk-Filipinas Inc. Manpower Excellence Sdn. Bhd. MCC Transport Philippines Inc. MEE A/S Mercosul Holding B.V. MLog Agencja Celna Sp. z o.o. Montevideo Port Services S.A. Country of incorporation Navitro Customs AS Nedlloyd (China) Ltd. Neptun Transport Corporation Network Cargo International Pty. Ltd. New Times International Transport Service Co. Ltd. Ocean East International Logistics Co. Ltd. 000 Svitzer Sakhalin Terminal Towage Operadora del Pacifico S.A. P/F SVITZER Faroe Islands Denmark Denmark Owned share Subsidiaries Company Pac Net Pty Ltd. Pacific Container Transport S.A. Pacnet Global Pty. Ltd. Parcel Partners LLC 100% 100% 100% United Arab Emirates 100% India Nigeria Norway India 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 Bermuda 55% PT Damco Trucking Indonesia PT Damco Warehousing Indonesia PT Maersk Indonesia Philippines Philippines Malaysia Philippines Denmark Netherlands Poland 100% 30% 51% PT Pelayaran Bintang Putih 100% PT Seacon Bintang Sejahtera 100% Rada S.A. 100% Rederiaktieselskabet Kuling 100% Rederiet A.P. Møller A/S 100% Reefer Terminal S.p.A. Uruguay Norway China Rijeka Gateways, d.o.o Liberia Australia China Rudolf A. Oetker Tanker ApS & Co KG S.C.I. Route de L'Estuaire Safmarine (Pty) Ltd. 100% 100% 100% 100% China 100% Russian Federation 100% Ecuador 100% Faroe Islands 100% Safmarine MPV NV Safmarine Pakistan Pvt. Ltd. Sea Land Iberica S.A. Sea Yard Holding SA PC Synergy Inc. Performance Team LLC Performance Team Logistics LLC Port Towage Amsterdam B.V. Ports & Inland Services Egypt LLC Poti Sea Port Corporation JSC PRECOOL COLD STORAGE (PTY) LTD. Pro Star Fulfillment LLC Pro Star Logistics LLC Pro Star Services LLC Procurement India B.V. PT Bintang Biru Indah PT Damco Indonesia Country of incorporation Australia Ecuador Australia United States United States United States United States Netherlands Egypt Georgia South Africa United States United States United States Netherlands Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Costa Rica Denmark Denmark Italy Croatia Germany France South Africa Belgium Pakistan Spain France A.P. MOLLER - MAERSK Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 51% 100% 100% 100% 100% 100% 98% 98% 98% 98% 49% 50% 100% 100% 100% 50% 51% 100% 100% 100% 100% 100% 100% 83% 7#8Company overview Subsidiaries Company Sealand Europe A/S Sealand Europe Deutschland A&S Co. KG Sealand Maersk Asia Pte. Ltd. SETO - Societé D'exploitation du Terminal de Ouagadougou Shanghai Di Lian Information Technology Ltd. Shanghai Minghai Warehousing Service Company Ltd. SIA Maersk Latvija Siam Shoreside Services Ltd. Sociedad Portuaria Terminal de Contenedores de Buenaventura S.A. Sogester - Sociedade Gestora De Terminais S.A. Solopgang Services India Private Limited Soraqia Gateway Star Air 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. 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 Country of incorporation Denmark Germany Singapore Burkina Faso Chinal China Latvia Thailand Colombia Angola India Jordan Denmark Germany Czech Republic Netherlands Owned share Spain India 100% 100% 100% 20% 100% 62% 51% 100% 50% 100% 100% 100% 100% 100% 51% Egypt 55% Denmark 100% South Africa 100% Panama 100% Panama 100% Angola 60% British Virgin Islands 60% Argentina 100% 100% Singapore Australia Australia Australia 100% 100% 100% 100% Australia 100% 100% 74% Subsidiaries Company Svitzer Bahamas Ltd. Svitzer Bahrain W.L.L. Svitzer Brasil Serviços Marítimos Ltda. Svitzer Canada Ltd. SVITZER Caribbean A/S Svitzer Chile SpA Svitzer Contracting Pty Limited SVITZER Cory Holding B.V. 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 Holding UK 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. Svitzer Salvage Holding A/S Svitzer Sohar LLC Country of incorporation Bahamas Bahrain Brazil Canada Denmark Chile Australia Netherlands Costa Rica United Kingdom Egypt Netherlands Netherlands Georgia Australia India United Kingdom Egypt India Australia Netherlands 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 86% 100% 100% 100% 100% 100% 100% 70% 100% 100% 100% 100% Liberia United Kingdom 100% Mexico 100% Mexico 100% British Virgin Islands 100% Netherlands 100% 100% 100% 100% 100% 100% 100% 85% Owned share Panama Peru Papua New Guinea Russian Federation Netherlands Denmark Oman Subsidiaries Company SVITZER Sverige AB Svitzer Tanger Med Svitzer Terminals Australia Pty Limited SVITZER Towage A/S SVITZER Towage GmbH Terminal 4 S.A. Terminal Buenos Aires S.A. 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. Country of incorporation Sweden Morocco Australia Denmark Germany Argentina Argentina Mexico Norway United Kingdom Ireland United Kingdom Transporte & Logistica Paraguaya Sociedad de Responsabilidad Limitada Transporte Maritimo Maersk Venezuela S.A. TriCon Logistics LLC 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 KG Germany 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 BVI Ltd. West Africa Container Terminal Nigeria Ltd. Wijsmuller Groningen B.V. Zimbabwe Shipping Holdings Ltd. ио00 Damco BEL Paraguay Venezuela United States Sweden United States Lithuania United States Italy Italy Netherlands 100% 20% 50% 84% 100% United States British Virgin Islands 100% Nigeria 100% 100% 100% 100% Netherlands Zimbabwe Belarus Owned share A.P. MOLLER - MAERSK 100% 70% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 8#9Company overview Associated companies Company Abidjan Terminal SA Afresh Inc Athus Terminal Container Brigantine International Holdings Ltd. Brigantine Services (Shanghai) Co. Ltd. Brigantine Services (Shenzhen) Co. Ltd. Brigantine Services Ltd. Cala Inc Cenertech Svitzer Marine Service (Guangdong) Co. Ltd 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 Forto GmbH Guangzhou South China Oceangate Container Terminal Co. Ltd. Höegh Autoliners Holdings AS Huboo Ltd. IncoDocs Ltd. iSee Inc. Itapoa Terminais Portuarios S.A. Kanoo Terminal Services Ltd. KTS Gulf General Land Transport Services LLC Loadsmart Inc. Meridian Port Holdings Ltd. Meridian Port Services Ltd. Modifi B.V. Country of incorporation Côte d'Ivoire United States Belgium Hong Kong China China Hong Kong United States China United States China Germany Germany Owned share China Norway United Kingdom Australia 49% 48% 18% 30% 30% 30% 30% 82% Australia Guinea France 71% 25% 30% Congo 15% British Virgin Islands 34% Spain 45% 50% 46% 49% 81% 29% 20% 27% 80% 83% 43% United States Brazil 30% Saudi Arabia 50% United Arab Emirates 25% United States United Kingdom Ghana 54% 50% 35% 13% Netherlands Associated companies Company New York Shipping Exchange, Inc. Niinisaaren Portti Osakeyhtio Ofload Ltd. Onomondo ApS Pacoci SA Pelabuhan Tanjung Pelepas Sdn. Bhd. Port of Salalah Development Company LLC PT Bonapelangi Devindo Qingdao Port Dongjiakou Multi-Purpose Terminal Co., Ltd. Rostek-Yanino 000 Salalah Port Services Company SAOG Shanghai Brigantine De Well Container Services Co. Ltd. China Qingdao Port Smart Logistics China China Qingdao Port Svitzer Towage Co. Ltd. Qingdao Qianwan United Container Terminal Co. Ltd. China Qingdao Smart Information China Ripe.io Inc. United States Russian Federation Oman Startchy Inc. Telesense Inc. Country of incorporation China Shanghai Tie Yang Multimodal Transportation Co. Ltd. China Smart Brigantine Container Services Co. Ltd. China Societe De Participations Portuaires SAS France South Asia Gateway Pvt. Ltd. Sri Lanka Spoileralert Material Impact Inc. United States United States United States Terminal Logistico de Buenaventura S.A.S. (sociedad por acciones simplificadas) United States Finland Australia Denmark Côte d'Ivoire Malaysia Oman Indonesia Tianjin Port Alliance International Container Terminal Co. Ltd. Unmade Ltd. Colombia TERMINAUX DU BASSIN DU CONGO Congo Tianjin Brigantine Goldlion Container Services Co. Ltd. China China United Kingdom Owned share 40% 12% 18% 15% 50% 30% 30% 19% 20% 24% 45% 10% 49% 15% 12% 30% 15% 29% 34% 40% 33% 54% 78% 72% 50% 15% 15% 20% 26% A.P. MOLLER - MAERSK 9#10Company overview Joint ventures Company Adstan Tug Charters (Partnership) Alocasia Co. Ltd APM Terminals Dachan Company Ltd. Belvo Establishment Limited 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. (USVI branch) Caucedo Marine Service, Ltd (St. Lucia branch) Caucedo Marine Service, S.A. CD Holding Oy Channel Energy (Poti) Limited Georgia LLC China Terminal Services Holding Company Ltd. CMC Americas LLC Coastal Tug & Barge Pty Ltd. Cote D'Ivoire Terminal SA Douala International Terminal SA Eurogate Container Terminal Wilhelmhaven Beteiligungsgesellschaft mbH Eurogate Container Terminal Wilhelmshaven GmbH & Co. KG First Container Terminal Inc Fos Holding SA Global Ports (Finance) Plc Global Ports Advisory Eesti OU Global Ports Investments PLC Global Ports Management Country of incorporation Australia Cyprus Hong Kong Cyprus China China Australia Brazil China Vietnam 50% 31% 50% 31% 50% 50% 50% 50% 50% 49% South Africa 17% British Virgin Islands 50% Dominican Republic 50% Saint Kitts and Nevis 50% US Virgin Islands 50% Saint Lucia 50% Panama 50% Finland 23% Georgia 25% Bermuda 50% 51% United States Australia 50% 49% Côte d'Ivoire Cameroon 44% Germany Germany Russian Federation France Cyprus Estonia Owned share Cyprus Russian Federation 30% 30% 31% 42% 31% 31% 31% 31% Joint ventures Company Halifax Marine Towing Limited Halifax Marine Towing Limited Partnership JSC Ust-Luga Container Terminal LCB Container Terminal 1 Ltd. LCMT Company Ltd. M.L.T. Container Logistics Ltd. Maersk Decom A/S Maersk Decom Mauritania A/S Maersk Supply Service Mexico S.A. de C.V. Millennium Marine Rail LLC Moby Dik 000 Multi-Link Terminals Ltd Oy Multi-Link Terminals Ltd. 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 North Sea Terminal Bremerhaven Verwaltungsgesellschaft mbH Pelepas Terminal Inland Services Sdn. Bhd. Petrolesport Inc. Pier Maintenance Industrial LLC Point Tupper Towing Limited Point Tupper Towing Limited Partnership Port Lincoln Tugs Pty. Ltd. PTS Holdings Limited Qingdao Bonded Logistics Park Revo International Warehousing Co. Ltd. Qingdao New Qianwan Container Terminal Co. Ltd. Qingdao Qianwan Container Terminal Co. Ltd. Qingdao Qianwan United Advance Container Terminal Co. Ltd Rail Terminal Bremerhaven GmbH Country of incorporation Canada 50% Canada 50% Russian Federation 25% Thailand Thailand Cyprus Denmark Denmark Mexico 35% 32% 23% 50% 50% 49% United States 50% Russian Federation 23% Finland 23% Ireland 23% Qatar 30% China China Germany Germany Malaysia Russian Federation United States Canada Canada Australia Mauritius China Chinal China Owned share China Germany 49% 50% 50% 49% 19% 20% Joint ventures Company 67% 50% Rail Terminal Wilhelmshaven GmbH RiverWijs Burrup Pty. Ltd. Riverwijs Pty. Ltd. Riverwijs-Dampier Pty. Ltd. Rolis 000 Seayard SASU Shakhovo-18 000 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 50% 51% 31% 50% 50% 50% Yanino Logistics Park 000 50% Yantian Svitzer (Huizhou) Towage Company Ltd. 41% Vostochnaya Stevedoring Limited Liability Company Xiamen Songyu Container Terminal Co. Ltd. Svitzer Caribbean Dominicana, S.A.S Svitzer Caribbean Harbour Services, S.A. Svitzer Haiti S.A. Tianjin Port Euroasia International Container Terminal Co. Ltd. Country of incorporation Germany Australia Australia Australia Russian Federation France Russian Federation China China Côte d'Ivoire China Cameroon Côte d'Ivoire United States China Barbados Saudi Arabia Dominican Republic Panama Haiti China Russian Federation China Russian Federation China A.P. MOLLER - MAERSK Owned share 50% 50% 50% 50% 31% 42% 31% 49% 49% 94% 49% 20% 14% 49% 50% 50% 50% 50% 50% 35% 5% 31% 25% 23% 44% 10

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