Maersk Investor Presentation Deck

Financial highlights Q2 2020 CAPEX reduced significantly Capex excluding acquisitions and divestments, USDbn 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 27 2.1 2016 Appendix Q2 2020 4.0 2017 3.2 2018 2.0 2019 USD 3.0-4.0bn in total 1 2021 2020 guidance guidance 1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 0.5 0.3 lih Q2 2019 Q3 2019 Q4 2019 Q1 2020 0.4 0.3 0.4 Q2 2020 CAPEX for Q2 2020 was USD 362m down from USD 445m in Q2 2019, driven by the strong capital discipline and focus on generating free cash flow For 2020 and 2021 the accumulated CAPEX guidance remains at USD 3.0-4.0bn. Total contractual capex commitments remain at USD 1.6bn end Q2 2020. MAERSK

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