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 51 160 140 r 18Q1 18Q2 18Q3 Appendix Q4 2019 CAGR: 0.1% 18Q4 19Q1 y/y: -5.4% 19Q2 19Q3 19Q4 Gateway terminal cost break down ² Q4 2019 13% Service and admin costs 18% Depreciation 7% 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. 11% Variable operational costs O 51% Labour costs MAERSK

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