Maersk Investor Presentation Deck

Ocean average freight rate up 4.4% compared to Q3 2019 Freight rates USD/FFE 2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000 42 Q1 2019 Q2 2019 East-West Appendix Q3 2020 Q3 2019 North-South Q4 2019 Q1 2020 Intra-regional Q2 2020 Average freight rate Q3 2020 Freight rates Q1 2019 = 100 115 110 105 100 95 90 85 80 Q1 2019 Q2 2019 East-West Q3 2019 •North-South Q4 2019 Q1 2020 Intra-regional Q2 2020 Average freight rate Q3 2020 MAERSK

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