Maersk Investor Presentation Deck

Focusing on lower cost and higher efficiency Gateway terminal cost per move, Fin.Con ¹ USD/move 280 260 240 220 200 180 49 160 140 18Q1 18Q2 18Q3 Appendix Q1 2020 18Q4 CAGR: 0.0% 19Q1 T 19Q2 y/y: -3.5% 19Q3 19Q4 20Q1 Gateway terminal cost break down ² Q4 2019 11% Service and admin costs 18% Depreciation 9% Concession fees 1. Gateway terminal Cost per move for all operating terminals on financial consolidated basis; terminals under implementation are excluded. 2. Cost breakdown for all gateway terminals on financial consolidated basis. 15% Variable operational costs O 47% Labour costs MAERSK

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