APMM Q3 2023 Financial Results

Third quarter 2023 Terminals Development in EBIT (USDM) and EBIT margin (%) • • Compared to last year, revenue decreased by 11% to USD 1.0bn due to lower storage and 4.1% lower volume (-0.3% like-for-like) due to exits and ongoing construction in India. Sequentially revenue increased 5% EBIT decreased to USD 270m, driven by lower storage revenue and net gain from divestments and impairments reported in Q3 2022. Overall margins remained strong due to effective cost initiatives offsetting inflationary pressures. ⚫ ROIC (LTM) increased to 10.3% 400 300 200 100 0 -100 IMI 40% 30% 20% 10% 0% Q3 21 Q4 21 Q1 22 Q3 22 Q3 22 Q4 22 EBIT EBIT margin Q1 23 Q2 23 Q3 23 -10% Q3 2023 (USDm) Q3 2022 (USDm) 999 1,117 353 391 EBITDA margin 35.3% 35.0% EBIT 270 357 EBIT margin 27.0% 32.0% Gross capital expenditures 113 199 Revenue EBITDA 20 20 APMM Q3 2023 Financial Results MAERSK

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