Maersk Investor Presentation Deck

Focusing on lower cost and higher efficiency Gateway terminal cost per move, Fin.Con ¹ USD/move 280 260 240 220 200 180 160 140 18Q1 18Q2 18Q3 18Q4 50 CAGR: 0.8% Appendix Q2 2020 y/y: 4.0% 19Q1 19Q2 19Q3 19Q4 20Q1 20Q2 Gateway terminal cost break down ² Q2 2020 15% Service and admin costs 18% Depreciation 12% 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. 9% Variable operational costs O 46% Labour costs MAERSK

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