APMM FY & Q4 2023 Financial Results

Fourth quarter 2023 Towage & Maritime Services ⚫ Revenue increased to USD 571m (USD 568m) mainly due. to higher market demand in Maersk Container Industry, increased activity in Svitzer partly offset by divestment of Maersk Supply Services • EBIT decreased to USD 107m (USD 122m) driven primarily by EBIT contribution of Höegh Autoliners AS Full divestiture of Höegh Autoliners AS completed in Q4 2023 with a net gain on sale before taxes of USD 39m ⚫ Board to initiate a demerger and spin-off of APMM's towage activities in Svitzer¹ 200 150 Development in EBIT (USDM) and EBIT margin (%) 40% 30% 100 20% 50 10% 0 0% -50 -10% -100 -20% -150 -30% Q4 21 Q1 22 Q2 22 Q3 22 EBIT Q4 22 Q1 23 EBIT margin Q2 23 Q3 23 Q4 23 Q4 2023 (USDM) Q4 2022 (USDm) FY 2023 (USDM) FY 2022 (USDM) Revenue EBITDA 571 568 2,160 2,293 88 82 320 369 Svitzer key figures (USDm) Revenue FY 2023 FY 2022 EBITDA margin 15.4% 14.4% 14.8% 16.1% 839 774 EBIT 107 122 457 307 EBITDA EBITDA margin 246 229 EBIT margin 18.7% 21.5% 21.2% 13.4% 29% 30% Gross capital expenditures 95 118 318 350 1) See separate stock exchange announcement 22 APMM FY & Q4 2023 Financial Results MAERSK

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