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 53 CAGR: -0.5% y/y: -4.6% 18Q1 18Q2 18Q3 18Q4 19Q1 19Q2 19Q3 19Q4 2001 2002 2003 2004 Appendix Q4 2020 Gateway terminal cost break down ² Q4 2020 7% Service and admin costs 19% Depreciation 11% 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 48% Labour costs MAERSK

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