Maersk Investor Presentation Deck

Financial highlights Q1 2020 Improvements on all financials USDm 10,000 1,000 500 0 9 9,571 9,540 Revenue Q1 2020 interim report 1,521 1,236 EBITDA 552 320 EBIT 209 -104 Reported profit/loss 197 Financial highlights Q1 2020 -69 Q1 2019 Underlying profit* *Underlying profit/loss is profit/loss for the year from continuing operations adjusted for net gains/losses from sale of non- current assets, etc. and net impairment losses as well as transaction, restructuring and integration costs related to major transactions. The adjustments are net of tax and include A.P. Moller - Maersk's share of mentioned items in joint ventures and associated companies. Despite headwinds from weaker global demand, incl. COVID-19 effects impacting the businesses and the implementation of IMO 2020 leading to higher fuel prices, profitability improved with an EBITDA margin of 15.9% (12.9%) EBIT improved to USD 551m and a margin of 5.8% (2.4%), while the underlying profit of USD 197m improved significantly. MAERSK

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