Maersk Investor Presentation Deck

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#1Company overview 2019 A.P. Møller-Mærsk A/S Esplanaden 50, DK-1098 Copenhagen K/ Registration no. 22756214 ALL THE WAY MAERSK#22 A.P. Moller-Maersk Company overview The Danish Financial Statements Act section 97a, par. 4 has been applied in the company overview. Subsidiaries Company A.P. Moller (Bermuda) Limited A.P. Moller Finance S.A. A.P. Moller Singapore Pte. Ltd. A.P. Moller Terminals & Co. LLC A/S Maersk Aviation Holding Addicks & Kreye Container Service GmbH & Co. KG Addicks & Kreye Container Service Verwaltungs GmbH Adsteam Marine Pty. Ltd. 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 Aliança Transporte Multimodal Ltda. Country of incorporation Owned share Bermuda Switzerland Singapore Oman Denmark Germany Germany Australia Chile Peru Denmark Brazil Germany Brazil Singapore Brazil 100% 100% 100% 65% 100% 51% 51% 100% 100% 100% 100% 100% 100% 100% 100% 100% Subsidiaries Company Aliança Transportes Maritimos Ltda. Almacenadora Antillana XXI S.A. ALS Customs Services Inc. APM Cargo Services Mobile, LLC APM Global Logistics Bangladesh Ltd. APM Global Logistics Benin S.A. APM Global Logistics Peru S.A. APM Marine Guaranty Ltd. APM Terminals - Aarhus A/S APM Terminals 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 Castellon S.A.U. APM Terminals Central America B.V. APM Terminals China Co. Limited APM Terminals Côte d'Ivoire SA APM Terminals Crane & Engineering Services (Shanghai) Co. Ltd. APM Terminals Crane & Engineering Services Limited APM Terminals da Amazonia Participacoes Ltda. APM Terminals Dalian Company Limited APM Terminals Deutschland Holding GmbH APM Terminals Elizabeth, LLC APM Terminals Espagna Holding SL APM Terminals Finance Services Centre (Barcelona) S.L.U. APM Terminals France Holding SAS APM Terminals Ghana Limited APM Terminals Gijon S.L. Country of incorporation Brazil Venezuela Canada USA Bangladesh Benin Peru USA Denmark Denmark Spain United Arab Emirates Nigeria Argentina The Netherlands The Netherlands Bahrain Spain The Netherlands Peru Spain The Netherlands Company overview Hong Kong Côte d'Ivoire China Hong Kong Brazil Bermuda Germany USA Spain Spain France Ghana Spain Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 94% 100% 100% 100% 64% 100% 100% 64% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50%#33 A.P. Moller-Maersk Subsidiaries Company APM Terminals Gothenburg AB APM Terminals Gothenburg Holding AB APM Terminals India Private Limited 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 Kenya Limited APM Terminals Latin America S.A. APM Terminals Lázaro Cárdenas S.A. de C.V. APM Terminals Liberia Ltd APM Terminals Maasvlakte II B.V. 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 Mauritanie S.A APM Terminals Mauritius Holding Limited APM Terminals Mauritius Limited APM Terminals Mediterranean B.V. APM Terminals MedPort Tangier S.A. 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 Country of incorporation Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 94% 100% 100% 100% 75% 100% 100% 100% 100% 100% 100% 60% 100% 100% 100% 80% 100% 100% 100% 100% 100% 100% 90% Sweden Sweden India Peru Hong Kong The Netherlands South Africa South Africa South Africa Brazil Japan Jordan Nigeria Kenya Panama Mexico Liberia The Netherlands Mali Spain China Singapore The Netherlands Mauritania Mauritius Mauritius The Netherlands Morocco USA Costa Rica Bermuda Hong Kong The Netherlands USA USA Subsidiaries Company APM Terminals Pecem Operacoes Portuarias Ltda APM Terminals Qingdao Company Ltd. APM Terminals Qingdao Holding Ltd. APM Terminals Quetzal S.A. APM Terminals Romania SRL APM Terminals Rotterdam B.V. APM Terminals Servicos Retroportuarios Ltda APM Terminals Shanghai Company Limited APM Terminals Southern Africa (Pty) Ltd. APM Terminals Spain Railway, S.L.U APM Terminals Subsidiaries B.V. APM Terminals Tangier S.A. APM Terminals Tanzania Limited 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 Anonim Sirketi APM Terminals Uganda Limited APM Terminals Vado Holding BV APM Terminals Vado Ligure Spa 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 Mexico Holding B.V. APMT Senegal S.A. APMT Technical Services (Barcelona) SL Apomar Participacoes Ltda. Aqaba Container Terminal Company Ltd. Atlantic Pacific Marine Corporation Badagry Container Terminals Limited Country of incorporation Brazil Hong Kong Bermuda Guatemala Romania The Netherlands Brazil Hong Kong South Africa Spain The Netherlands Morocco Tanzania Hong Kong Bermuda Hong Kong Bermuda South Africa Turkey Uganda The Netherlands Italy Spain The Netherlands Germany Hong Kong Bermuda Bermuda Company overview The Netherlands Senegal Spain Brazil Jordan USA Nigeria Owned share 75% 100% 100% 85% 100% 100% 100% 100% 100% 100% 100% 90% 93% 100% 100% 100% 100% 100% 100% 100% 50% 99% 75% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100%#44 A.P. Moller-Maersk Subsidiaries Company Bangkok Marine Company Limited Bermutine Transport Corporation Limited Bridge Intermodal Transport S.A. Bridge Intermodal Transporte Bolivia S.A. Brigantine Admec Container Services (India) Private Limited Brigantine Services (Taiwan) Co., Ltd. CARAVELLE Assekuranz Vermittlungs- und Schadenskontor G.m.b.H. Cartagena Container Terminal Operator S.A.S. Claraway Company Limited Coil Transport Corporation COLUMBUS LINE Reederei GmbH Coman S.A. Constellation Navigation and Trading, Inc. Container Depot Bangkok Ltd. Container Operators S.A. Contopsa Inland Terminals SpA Damco (Angola) Transitarios E agente De Navegação, Lda Damco (Brazil) Holding A/S Damco (Cambodia) Limited Damco (Chile) Holding A/S Damco (UAE) FZE Damco A/S Damco Argentina S.A. Damco Asia Investment B.V. Damco Australia Pty. Ltd. Damco Bel 000 Damco Belgium N.V. Damco Burkina Faso S.A. Damco Cameroun S.A. Damco Canada Inc. Damco Central America, S.A. Damco Chile S.A. Damco China Limited Damco Colombia Ltda. Damco Customs Services Inc. Country of incorporation Owned share 100% 100% 100% 99% 51% 100% 100% 51% 100% 100% 100% 100% 100% 49% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 90% 100% 100% 100% 100% 100% 100% Thailand Bermuda Chile Bolivia India Taiwan, R.O.C. Germany Colombia Hong Kong Liberia Germany Benin United States Thailand Chile Chile Angola Denmark Cambodia Denmark United Arab Emirates Denmark Argentina The Netherlands Australia Belarus Belgium Burkina Faso Cameroon Canada Panama Chile China Colombia USA Subsidiaries Company Damco Czech Republic, S.R.O. Damco D.O.O. Damco Denmark A/S Damco Distribution Canada Inc. Damco Distribution Services Inc. Damco Ecuador S.A. Damco Egypt Ltd. Damco for Logistics Services Free Zone (Damco Free Zone) Limited Damco France S.A.S. Damco Germany GmbH Damco Guatemala S.A. Damco Hong Kong Ltd. Damco Hungary KFT Damco India Private Limited Damco International A/S Damco International A/S Jordan LLC Damco International B.V. Damco Japan K.K. Damco Lanka Pvt. Ltd. Damco Latin America Sem, S.A. Damco Logistics (Mauritius) Limited Damco Logistics (PTY) LTD. Damco Logistics (Thailand) CO. Ltd. Damco Logistics Brasil Ltda. Damco Logistics Ghana Limited Damco Logistics Ireland Limited Damco Logistics Israel Ltd. Damco Logistics Kenya Limited Damco Logistics Korea Limited Damco Logistics LLC Damco Logistics Limited Damco Logistics Malaysia Sdn. Bhd. Damco Logistics Mali S.A. Damco Maroc S.A. Damco Logistics Mexico S.A. de C.V. Country of incorporation Czech Republic Croatia Denmark Canada USA Ecuador Egypt Egypt France Germany Guatemala Hong Kong Hungary India Denmark Jordan The Netherlands Japan Sri Lanka Panama Mauritius South Africa Thailand Brazil Ghana Ireland Israel Kenya Republic of Korea United Arab Emirates Nigeria Malaysia Mali Company overview Morocco Mexico Owned share 100% 100% 100% 100% 100% 100% 100% 99% 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%#55 A.P. Moller-Maersk Subsidiaries Company Damco Logistics Myanmar Limited Damco Logistics Portugal, Lda. Damco Logistics Pvt. Ltd. Damco Logistics Services Sdn. Bhd. Damco Logistics Singapore Pte. Ltd. Damco Logistics Uganda Ltd. Damco Logistika D.O.O. Damco Mauritanie S.A. Damco Netherlands B.V. Damco New Zealand Limited Damco Niger S.A. Damco Pakistan (Private) Limited Damco Panama S.A. Damco Peru S.A. Damco Philippines, Inc. Damco Poland Sp. z o.o. Damco Rus LLC Damco Saudi Arabia LLC Damco Senegal S.A. Damco Slovakia, S.R.O. Damco Spain, S.L. Damco Sweden AB Damco Switzerland GmbH Damco Taiwan Co., Ltd. Damco Togo S.A. Damco Transport CO., Ltd. Damco UK Limited Damco Uluslararasi Tasimacilik ve Lojistik A.S. Damco USA Inc. Damco Vietnam Company Limited DL Multiservicios SA de CV Dok Transhipment Poti LLC Dryport El Salvador S.A. De C.V. E-Class Holdings Inc. Egyptian International Container Terminal SA Country of incorporation Owned share Myanmar Portugal 100% 100% Sri Lanka 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% 50% 100% 100% 100% Malaysia Singapore Uganda Slovenia Mauritania The Netherlands New Zealand Niger Pakistan Panama Peru Philippines Poland Russian Federation Saudi Arabia Senegal Slovakia Spain Sweden Switzerland Taiwan, R.O.C. Togo Thailand UK Turkey USA Vietnam Mexico Georgia El Salvador USA Switzerland Subsidiaries Company 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 Furness Withy Investments Ltd Furness Withy Retirement Trustees Ltd. Furness-Houlder (Shipbroking) Ltd. Gateway Terminals India Private Ltd. Gerlach & Co mbH GPRO Services India Private Limited Hamburg Süd (China) Ltd. Hamburg Süd Agency Central Italy S.r.l. Hamburg Süd Agency South Italy S.r.l. Hamburg Süd Australia Pty. Ltd. Hamburg Süd Brasil Ltda. Hamburg Süd Colombia Ltda. Hamburg Süd Costa Rica S.A. Hamburg Süd Ecuador S.A. 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 Hamburg Süd New Zealand Ltd. Hamburg Süd Norden AB Country of incorporation Denmark USA USA UK Denmark Denmark Australia UK UK Germany UK India Germany India China Italy Italy Australia Brazil Colombia Costa Rica Ecuador El Salvador France Turkey Guatemala Honduras Company overview Hong Kong Spain India Italy Republic of Korea Mexico New Zealand Sweden Owned share 100% 100% 100% 100% 50% 50% 100% 100% 100% 100% 100% 74% 100% 100% 100% 100% 100% 100% 100% 51% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%#66 A.P. Moller-Maersk Subsidiaries Company Hamburg Süd North America Inc. Hamburg Süd Panama S.A. Hamburg Süd Reiseagentur G.m.b.H. Hamburg Süd Shipping Agency Ltd. Hamburg Süd Shipping LLC Hamburg Süd Singapore Pte Ltd Hamburg Süd Transportes S.A. Hamburg Süd Venezuela C.A. Hamburg Südamerikanische Dampfschifffahrts- Gesellschaft A/S and Co KG¹ Holdingselskabet Af 19. Marts 2010 A/S HS GP ApS Ibafon Container Terminal Nigeria Ltd. Inland Services (Hong Kong) Limited Inland Services (Thailand) Ltd. Inland Services Argentina S.A. Inland Services B.V. Inland Services Colombia SAS Inland Services Kenya Investment Ltd. Interseas Shipping Company, S.A. Precool Cold Storage (Pty) Ltd. Lilypond Container Depot Nigeria Ltd. LLC Maersk LMD Logistics, Inc. Logistics Services Village Company M Holdings Ships Inc. Madero Amarres S.A. Maersk (Angola) Lda. Maersk (Cambodia) Ltd. Maersk (China) Shipping Company Limited Maersk (Mauritius) Limited Country of incorporation Owned share USA Panama Germany Taiwan, R.O.C. United Arab Emirates Singapore Venezuela Venezuela Germany Denmark Denmark Nigeria Hong Kong Thailand Argentina The Netherlands Colombia Kenya Panama South Africa Nigeria Russian Federation United States Jordan USA Argentina Angola Cambodia China Mauritius 100% 100% 100% 100% 49% 100% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100% 100% 100% 100% 51% 100% 100% 100% 60% 100% 80% 100% 100% 100% 100% 1 Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft A/S and 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. Subsidiaries Company Maersk A/S Maersk Adria D.O.O. Maersk Africa Holdings Limited Maersk Agency Denmark A/S Maersk Agency U.S.A., Inc. Maersk Agency Uganda Limited Maersk Algerie SPA Maersk Amerika Plads Kommanditist A/S Maersk B.V. Maersk Bangladesh Limited Maersk Benin S.A. Maersk Bolivia Transporte Maritimo S.A Maersk Botswana (Pty) Ltd. Maersk Brasil (Brasmar) Ltda. Maersk Bulgaria Limited EOOD Maersk Canada Inc. Maersk Central America and Caribbean Limited Maersk Central America, S.A. Maersk Chile S.A. Maersk China Limited Maersk Colombia S.A. Maersk Congo RDC SPRL Maersk Congo S.A. Maersk Container Industry A/S Maersk Container Industry Dongguan Ltd. Maersk Container Industry Qingdao Ltd. Maersk Container Industry San Antonio Maersk Costa Rica S.A. Maersk Côte d'Ivoire SA Maersk Crew Management Services Philippines Inc. Maersk Crewing Australia Pty. Ltd. Maersk Crewing Limited Maersk Crewing Ukraine Ltd Maersk Croatia D.O.O. Maersk Cyprus Ltd. Country of incorporation Denmark Slovenia Mauritius Denmark USA Uganda Algeria Denmark The Netherlands Bangladesh Benin Bolivia Botswana Brazil Bulgaria Canada Bermuda Panama Chile China Colombia Republic of the Congo Republic of the Congo Denmark China China Chile Costa Rica Côte d'Ivoire Philippines Australia Company overview UK Ukraine Croatia Cyprus Owned share 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% 100% 100% 100%#77 A.P. Moller-Maersk Subsidiaries Company Maersk Czech Republic S.R.O. Maersk De Nicaragua S.A. Maersk Del Ecuador C.A. Maersk Denizcilik A.Ş. Maersk Deutschland A/S & Co. KG¹ Maersk Djibouti SARL Maersk Dominicana S.R.L Maersk Eastern Europe Aps Maersk Eesti AS Maersk Egypt For Maritime Transport (S.A.E.) Maersk Egypt Shipping Agency S.A.E. Maersk El Salvador S.A. de C.V. Maersk Ethiopia Private Limited Company Maersk Finland Oy Maersk FPSOs A/S Maersk France S.A.S. Maersk Gabon S.A. Maersk Gambia Limited Maersk Georgia LLC Maersk Ghana Limited Maersk Global Service Centres (Chengdu) Ltd Maersk Global Service Centres (India) Private Limited Maersk Global Service Centres (Philippines) Limited Maersk GP GmbH Maersk GSC Holding A/S Maersk GTD Inc. Maersk Guatemala S.A. Maersk Guinee Bissau SARL Maersk Guinee S.A. Maersk H2S Safety Services A/S Maersk H2S Safety Services Australia Pty. Ltd. Country of incorporation Owned share Czech Republic Nicaragua 100% 100% 100% Ecuador Turkey 100% Germany 100% 60% Djibouti Dominican Republic Denmark 100% 100% 100% Estonia Egypt 100% Egypt 100% El Salvador 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Ethiopia Finland Denmark France Gabon Gambia Georgia Ghana China India Hong Kong Germany Denmark USA Guatemala Guinea-Bissau Guinea Denmark Australia 1 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. Subsidiaries Company Maersk H2S Safety Services Brasil LTDA Maersk H2S Safety Services Italia S.r.L Maersk Healthcare Trustee Ltd Maersk Hellas Shipping S.A. Maersk Holding B.V. Maersk Holdings Limited Maersk Honduras S.A. Maersk Hong Kong Limited Maersk Hungary KFT Maersk Inc. Maersk Insurance A/S Maersk Inter Holding B.V. Maersk Iraq company Limited Maersk Israel LTD. Maersk Italia Spa. Maersk Jordan W.L.L. Maersk Kenya Ltd. Maersk Korea Limited Maersk Kuwait Co. W.L.L. Maersk Lanka (Pvt.) Ltd. Maersk Latvija Sia Maersk Lesotho (Pty) Ltd. Maersk Liberia Limited. Maersk Line (China) LOC Co. Ltd. Maersk Line (Thailand) Ltd. Maersk Line Agency Cameroun S.A. Maersk Line Agency Holding A/S Maersk Line Argentina S.A. Country of incorporation Brazil Italy UK Greece The Netherlands UK Honduras Hong Kong Hungary USA Denmark Kenya Republic of Korea Kuwait Sri Lanka Latvia Lesotho Liberia China Thailand Cameroon Denmark Argentina Maersk Line Belgium N.V. Belgium Maersk Line Cabo Verde, Unipessoal, S.A. Cape Verde Maersk Line Crewing Hamburg ApS & Co KG Germany Maersk Line Fleet Management and Technology India Private Limited India Maersk Line FMT Hamburg GmbH Germany India Maersk Line India Private Limited Maersk Line Mauritanie S.A. The Netherlands Iraq Israel Italy Jordan Company overview Mauritania Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 49% 40% 100% 100% 100% 100% 100% 90% 100% 100% 100% 100% 100% 100% 100% 100% 60%#88 A.P. Moller-Maersk Subsidiaries Company Maersk Line Netherlands B.V. Maersk Line Nyenyezi Limited Maersk Line Peru S.A.C. Maersk Line PNG Limited Maersk Line UK Ltd. Maersk Line Zambia Ltd. Maersk Line, Limited Maersk Logistics and Services Tangier Med SARL D'AU Maersk Logistics Kuwait Co. W.L.L. Maersk Logistics Warehousing China Company Ltd. Maersk Macau Ltd. Maersk Malaysia Sdn. Bhd. Maersk Maroc S.A. Maersk Mexico S.A. de C.V. Maersk Mozambique Limitada Maersk Namibia (Pty) Ltd. Maersk Nigeria Limited Maersk Norge AS Maersk Offshore (Bermuda) Ltd. Maersk Offshore (Guernsey) Limited Maersk Oil Trading and Investments A/S Maersk Oil Trading Inc. Maersk Oil Trading Lubricants A/S Maersk Oil Trading Panama S.A. 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 Pension Trustee Ltd Maersk Polska Sp. Z O.O. Maersk Portugal - Agentes De Transportes Internacionais, Lda. Maersk Property A/S Maersk Property Holding LLC Country of incorporation Owned share Netherlands Malawi Peru Papua New Guinea UK Zambia USA Morocco Kuwait Hong Kong Macao Malaysia Morocco Mexico Mozambique Namibia Nigeria Norway Bermuda Guernsey Denmark USA Denmark Panama Singapore Spain UK Austria Pakistan Panama UK Poland Portugal Denmark Russian Federation 100% 100% 100% 100% 100% 100% 100% 100% 54% 100% 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% Subsidiaries Company Maersk Romania Srl Maersk Saudi Arabia Maersk Senegal SA Maersk Services Maersk Services USA Inc. Maersk Ship Management B.V. Maersk Shipping 1 A/S Maersk Shipping 2 A/S Maersk Shipping Company Ltd. Maersk Shipping Hong Kong Limited Maersk Shipping K/S Maersk Shipping Services & Co. LLC. Maersk Sierra Leone Ltd. Maersk Singapore Pte. Ltd. Maersk Slovakia S.R.O. 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 Ltd. Maersk Supply Service Brazil Holdings A/S Maersk Supply Service Canada Ltd. Maersk Supply Service Equatorial Guinea S.A.S. Maersk Supply Service France S.A.S. Maersk Supply Service Griffon Ghana Limited Maersk Supply Service Integrated Solutions A/S Maersk Supply Service International A/S Maersk Supply Service Mexico Holdings S. de R. L. de C.V Maersk Supply Service Nigeria A/S Maersk Supply Service Nova Scotia Ltd. Maersk Supply Service Philippines A/S Maersk Supply Service Subsea UK Limited Maersk Supply Service UK Limited Country of incorporation Romania Saudi Arabia Senegal Tunisia USA The Netherlands Denmark Denmark Sudan Hong Kong Denmark Oman Sierra Leone Singapore Slovakia South Africa Bermuda Spain Brazil Angola Denmark Brazil Denmark Canada Equatorial Guinea France Ghana Denmark Denmark Mexico Denmark Canada Denmark Company overview UK UK Owned share 100% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100% 65% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100% 100% 100% 65% 100% 90% 100% 100% 100% 100% 100% 100% 100% 100%#99 A.P. Moller-Maersk Subsidiaries Company Maersk Supply Service West Africa A/S Maersk Sverige AB Maersk Swaziland (Pty) Ltd. Maersk Switzerland GmbH Maersk Taiwan Ltd. Maersk Tenedora Mexico S.A. de C.V. Maersk Togo S.A. Maersk Trade Finance (DIFC) Limited Maersk Trade Finance A/S Maersk Trade Finance Services A/S Maersk Training A/S Maersk Training Aberdeen Ltd Maersk Training Brasil Treinamentos Maritimos Ltda Maersk Training Centre India Private Limited Maersk Training Centre UK Limited Maersk Training DWC-LLC Maersk Training Nigeria Ltd. Maersk Training Norway AS Maersk Training Services India Private Limited Maersk Training TMS A/S 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 Limited Maersk-Filipinas Crewing Inc. Maersk-Filipinas Inc. MCC Transport Philippines Inc MEE A/S Mercosul Holding B.V. MLOG Agencja Celna Sp. Z O.O. Montevideo Port Services S.A. Nedlloyd (China) Ltd. Country of incorporation Owned share Denmark Sweden Swaziland Switzerland Taiwan, R.O.C. Mexico Togo United Arab Emirates Denmark Denmark Denmark UK Brazil India UK United Arab Emirates Nigeria Norway India Denmark USA Russian Federation Trinidad and Tobago Ukraine Uruguay Vietnam Bermuda Philippines Philippines Philippines Denmark The Netherlands Poland Uruguay 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% 100% 100% 67% 100% 100% 100% 100% 100% Subsidiaries Company 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 Pac Net Pty. Ltd. Pacific Container Transport S.A. Portcat Seaport Management S.L.U. Ports & Inland Services Egypt LLC Poti Sea Port Corporation Procurement India B.V. PT Bintang Biru Indah PT Damco Indonesia PT Damco Trucking Indonesia PT Damco Warehousing indonesia PT Maersk Indonesia PT Pelayaran Bintang Putih Rada S.A. Rederiaktieselskabet Kuling Rederiet A.P. Møller A/S Reefer Terminal S.p.A. Rio Baker S.p.A. Rudolf A. Oetker Tanker ApS & Co KG S.C.I. Route de l'estuaire Safmarine (Pty) Limited Safmarine MPV N.V. Safmarine Pakistan (Private) Limited Sea Land Iberica, S.A. Sea Yard Holding S.A. Sealand Europe A/S Sealand Europe Deutschland A/S Co. KG Sealand Maersk Asia Pte. Ltd. Shanghai Di Lian Information Technology Limited Country of incorporation Liberia Australia China China Russian Federation Ecuador Faroe Islands Australia Ecuador Spain Egypt Georgia The Netherlands Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Costa Rica Denmark Denmark Italy Chile Germany France South Africa Belgium Pakistan Spain France Company overview Denmark Germany Singapore China Owned share 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 98% 98% 98% 98% 100% 100% 100% 100% 50% 100% 100% 100% 100% 100% 100% 100% 83% 100% 100% 100% 100%#1010 A.P. Moller-Maersk Subsidiaries Company Shanghai Minghai Warehousing Service Company Limited Shanghai Shi Rong International Freight Shanghai Ze Rong International Freight Forwarding Co., Ltd Siam Shoreside Services Ltd. Sociedad de Estiba Y Desestiba del Puerto Bahia de Algeciras SAGEP 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 France S.A.S. Star Container GmbH Star Container S.R.O. Star Container Services B.V. Star Container Spain S.A. Star Container Trade Tunisie SARL Star Container Tunisie SARL Star Track Terminals Pvt. Ltd. Suez Canal Container Terminal SAE Svitzer A/S Svitzer Africa Pty. Ltd. Svitzer Americas Ltd. Svitzer Americas Terminal Towage, S.A. Svitzer Angola Lda. Svitzer Angola Shipowners BVI Ltd. 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 SPC Svitzer Brasil Serviços Marítimos Ltda. Svitzer Canada Ltd. Svitzer Caribbean A/S Country of incorporation Owned share 100% 100% 100% 74% 46% 62% 51% 100% 100% 100% 100% 100% 100% 100% 100% 100% 51% 51% 55% 100% 100% 100% 100% 60% 60% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% China China China Thailand Spain Colombia Angola India Jordan Denmark France Germany Czech Republic The Netherlands Spain Tunisia Tunisia India Egypt Denmark South Africa Panama Panama Angola British Virgin Islands Singapore Australia Australia Australia Australia Bahamas Bahrain Brazil Canada Denmark Subsidiaries Company Svitzer Caribbean Ltd. Svitzer Chile S.A. Svitzer Cory Holding B.V. Svitzer Costa Rica S.A. Svitzer Eastlands Ltd. Svitzer EuroMed B.V. Svitzer Europe Holding B.V. Svitzer Georgia LLC Svitzer Hazira Pvt. Ltd. Svitzer Holding UK Ltd. Svitzer Idku SAE Svitzer India Pvt. Ltd. Svitzer International Towage B.V. 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 S.A. Svitzer Sakhalin B.V. Svitzer Sakhalin Limited Liability Co. Svitzer Salvage Holding A/S Svitzer Scandinavia Holding A/S Svitzer Services Caribbean Ltd. Svitzer Sohar LLC Svitzer Sverige AB Svitzer Tanger Med Svitzer Terminals Australia Pty Limited Svitzer Towage A/S Country of incorporation USA Chile The Netherlands Costa Rica UK The Netherlands The Netherlands Georgia India UK Egypt India The Netherlands Australia The Netherlands Liberia UK Mexico Mexico British Virgin Islands Netherlands Panama Peru Papua New Guinea Peru The Netherlands Russian Federation Denmark Denmark British Virgin Islands Oman Sweden Morocco Company overview Australia Denmark Owned share 100% 100% 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% 100% 100% 100% 85% 100% 70% 100% 100%#1111 A.P. Moller-Maersk Subsidiaries Company Svitzer Towage GmbH Svitzer Tugs A/S TCB Inversiones Portuarias S.L.U. Terminal 4 S.A. Terminal Buenos Aires S.A. Terminal de Contenedores de Yucatan S.A. de C.V. The Maersk Company (Ireland) Limited The Maersk Company Limited Transitos Andaluces Maritimos, S.L. Transporte & Logistica Paraguaya SRL Transporte Maritimo Maersk Venezuela S.A. U.S. Marine Management Inc. UAB Maersk Line Lithuania Universal Maritime Service Corporation Unterstützungskasse GmbH der HSDG Vado Gate Services S.C.A.R.L. Vado Investment B.V. Vandegrift Canada ULC Vandegrift Forwarding Company Inc. VFI Acquisition Corp VFI Technology LLC West Africa Container Terminal BVI Ltd. West Africa Container Terminal Nigeria Ltd. Wijsmuller Groningen B.V. Zimbabwe Shipping Holdings Limited Country of incorporation Owned share Germany Denmark Spain Argentina Argentina Mexico Ireland UK Spain Paraguay Venezuela USA Lithuania USA Germany Italy The Netherlands Canada United States United States United States British Virgin Islands Nigeria The Netherlands Zimbabwe 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 30% 84% 100% 100% 100% 100% 100% 100% 100% 100% Associated companies Company Abidjan Terminal S.A. Athus Terminal Container S.A. Brigantine International Holdings Limited rigantine Services Limited Brigantine Services (Shanghai) Co. Ltd. Brigantine Services (Shenzhen) Co. Ltd. Commonwealth Steamship Insurance Company Proprietary Limited Conakry Terminal S.A. Congo Terminal Holding S.A.S Congo Terminal S.A. Cosco Ports (Nansha) Limited Dalian Jilong Brigantine Container Services Co. Ltd. Depot tmz Services S.L. Deutshe Schiffahrtsagentur GmbH Guangzhou South China Oceangate Container Terminal Co. Ltd. Gujarat Pipavav Port Limited Hamburg Süd Egypt Maritime Agencia SAE Alexandria Höegh Autoliners Holdings AS Itapoa Terminais Portuarios S.A. Kanoo Terminal Services Ltd. KTS Gulf General Land Transport Services LLC Meridian Port Holdings Limited Meridian Port Services Limited New York Shipping Exchange, Inc. Niinisaaren Portti Osakeyhtio Pacoci S.A. Pelabuhan Tanjung Pelepas Sdn. Bhd. Port of Salalah Development Company LLC PT Bonapelangi Devindo Qingdao Port Dongjiakou Multi-Purpose Terminal Co., Ltd. Qingdao Port Svitzer Towage Co. Ltd. Qingdao Qianwan United Container Terminal Co. Ltd. Rostek-Yanino 000 Salalah Port Services Company S.A.O.G. Shanghai Brigantine De Well Container Services Co. Ltd. Country of incorporation Côte d'Ivoire Belgium Hong Kong Hong Kong China China Australia Guinea France Republic of the Congo British Virgin Islands China Spain Germany China India Company overview Egypt Norway Brazil Saudi Arabia United Arab Emirates UK Ghana United States Finland Côte d'Ivoire Malaysia Oman Indonesia China China China Russian Federation Oman China Owned share 49% 18% 30% 30% 30% 30% 7% 25% 30% 23% 34% 15% 45% 50% 20% 43% 41% 39% 30% 50% 50% 50% 35% 2% 12% 50% 30% 24% 19% 20% 45% 10% 12% 30% 15%#1212 A.P. Moller-Maersk Associated companies Company Shanghai Tie Yang Multimodal Transportation Co Ltd. Smart Brigantine Container Services Co., Ltd. Societe de Participations Portuaires SAS South Asia Gateway (Private) Limited Terminal Logistico de Buenaventura S.A.S. Terminaux du Bassin du Congo S.A. Tianjin Brigantine Goldlion Container Services Co. Ltd. Tianjin Port Alliance International Container Terminal Co. Ltd. Country of incorporation Owned share 29% 40% 40% 33% 50% 23% 15% 20% China China France Sri Lanka Colombia Republic of the Congo China China Joint ventures Company Adstan Tug Charters (Partnership) Alocasia Co. Ltd Anchor Storage Limited APM Terminals Dachan Company Limited APM Terminals Dachan Company Ltd. Arytano Holdings Ltd Belvo Establishment Limited Blue Dragon Logistics Co. Ltd. Blue Dragon Meishan Logistics Co. Ltd. Bowen Towage Services Pty. Ltd. Brasil Terminal Portuario SA Bright Logistics (Shanghai) Co. Ltd. Cai Mep International Terminal Co. Ltd. Cape Fruit Coolers Pty. Ltd. Caribbean Tug & Barge Ltd. Caucedo Marine Service Ltd. CD Holding Oy Channel Energy (Poti) Limited Georgia LLC Coastal Tug & Barge Pty. Ltd. Container Service 000 Cormarys Investments Ltd Côte D'Ivoire Terminal S.A. Damco Rigworld Ghana Limited Douala International Terminal S.A. Eurogate Container Terminal Wilhelmshaven Beteiligungsgesellschaft GmbH Eurogate Container Terminal Wilhelmshaven GmbH & Co. Farvater 000 First Container Terminal CJSC Fos Holding SA Gas Management (Congo) Limited Global Ports (Finance) Plc Global Ports Advisory Eesti OU Global Ports Investments PLC Global Ports Management 000 Country of incorporation Australia Cyprus Bermuda Bermuda Hong Kong Cyprus Cyprus China China Australia Brazil China Vietnam South Africa British Virgin Islands British Virgin Islands Finland Georgia Australia Russian Federation Cyprus Côte d'Ivoire Ghana Cameroon Germany Germany Russian Federation Russian Federation France Bahamas Cyprus Estonia Company overview Cyprus Russian Federation Owned share 50% 31% 51% 50% 50% 31% 31% 50% 50% 50% 50% 50% 49% 17% 50% 50% 23% 25% 50% 31% 31% 49% 49% 44% 30% 30% 31% 31% 42% 51% 31% 31% 31% 31%#1313 A.P. Moller-Maersk Joint ventures Company Great Lakes Ports Ltd Haiti Towing Ltd. Halifax Marine Towing General Partnership Halifax Marine Towing Limited Partnership Jiangsu Binhai Maersk Towage Company Limited LCB Container Terminal 1 Ltd. LCMT Company Limited M.L.T Container Logistics Ltd. Maersk Decom A/S Maersk Supply Service Mexico S.A. de CV Millennium Marine Rail LLC Multi-Link Terminals Limited Multi-Link Terminals Ltd Oy Nakilat Svitzerwijsmuller Company W.L.L. National Container Holding Company Limited NCC Group Limited NCC Pacific Investments Limited New Ideal International Supply Chain Management (Guangzhou) Co. Ltd. Ningbo LongZhou Logistics Co. Ltd. North Sea Terminal Bremerhaven GmbH & Co. North Sea Terminal Bremerhaven Verwaltungsgesellschaft GmbH 000 Atmosphere Fund of Support of Public Initiatives 000 Moby Dik Pelepas Terminal Inland Services Sdn. Bhd. Petrolesport OAO Pier Maintenance Industrial LLC Point Tupper Towing General Partnership Point Tupper Towing Limited Partnership Port Lincoln Tugs Pty. Ltd. Port Towage Amsterdam B.V. Professional Terminal Service Holdings Ltd. Qingdao Bonded Logistics Park Revo International Warehousing Co., Ltd. Qingdao New Qianwan Container Terminal Co. Ltd. Country of incorporation Kenya British Virgin Islands Canada Canada China Thailand Thailand Cyprus Denmark Mexico USA Ireland Finland Qatar Cyprus Cyprus Cyprus Chinal China Germany Germany Russian Federation Russian Federation Malaysia Russian Federation USA Canada Canada Australia The Netherlands Mauritius China China Owned share 50% 50% 50% 50% 49% 35% 32% 23% 50% 49% 50% 23% 23% 30% 31% 31% 31% 49% 50% 50% 50% 31% 23% 51% 31% 50% 50% 50% 50% 50% 41% 49% 19% Joint ventures Company Qingdao Qianwan Container Terminal Co. Ltd. Qingdao Qianwan Intelligent Container Terminal Co. Ltd. Qingdao Qianwan United Advance Container Terminal Co. Ltd. Rail Terminal Bremerhaven GmbH Rail Terminal Wilhelmshaven GmbH Riverwijs Burrup Pty. Ltd. Riverwijs Pty. Ltd. Riverwijs-Dampier Pty. Ltd. Russian Logistic Information Systems LLC Seayard S.A.S. Shakhovo 000 Shanghai East Container Terminal Co. Ltd. Shenzhen Dapeng Svitzer Towage Company Ltd. Sitarail S.A. Smart International Logistics Company Ltd. SMN S.A. SOFIB S.A. Solgaz S.A. South Florida Container Terminal, LLC Star Shine Cargo Service (Shenzhen) Company Limited Svitzer Alireza Saudi Arabia Limited Svitzer Barbados Ltd. Svitzer Caribbean Dominicana S.A.S Svitzer Caribbean Harbour Services Ltd. Svitzer Haiti S.A. Tianjin Port Euroasia International Container Terminal Co. Ltd. Ust-Luga Container Terminal OJSC Vostochnaya Stevedoring Company 000 Vostochny International Forwarding Services 000 Xiamen Songyu Container Terminal Co. Ltd. Yanino Logistics Park 000 Yantian Svitzer (Huizhou) Towage Company Ltd. Country of incorporation China China China Germany Germany Australia Australia Australia Russian Federation France Russian Federation China China Cote d'Ivoire China Cameroon Cote d'Ivoire France USA China Saudi Arabia Barbados Dominican Republic Company overview British Virgin Islands Haiti China Russian Federation Russian Federation Russian Federation China Russian Federation China Owned share 20% 13% 7% 50% 50% 50% 50% 50% 31% 42% 31% 49% 49% 9% 49% 20% 14% 51% 49% 50% 50% 50% 50% 50% 35% 5% 25% 31% 31% 25% 23% 44%

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