APMM Q3 2023 Financial Results

• Ocean Third quarter 2023 Third consecutive quarter of unit cost decrease USD/FFE 4,000 Operating costs decreased by 19% driven by lower bunker prices, lower container handling costs and lower slot charter costs 3,000 Total bunker costs decreased 39% to USD 1.5bn, driven by a 34% decrease in average bunker price to USD 593 per tonne and a 7.5% decrease in bunker consumption 2,000 Operating costs excluding bunker decreased by 10% (year 1,000 • over year), which combined with 5% higher volumes, led to a unit cost at fixed bunker of USD 2,287, equivalent to a decrease of 11%. Sequentially, unit cost at fixed bunker decreased by 4.3% 17 APMM Q3 2023 Financial Results 0 Q1 21 Q2 21 22 Q3 21 Q4 21 Q1 22 Q2 22 22 22 == Unit cost, fixed bunker* * Fixed bunker price of 550 USD/FFE Loaded FFEK 3,500 3,000 2,500 2,000 1,500 1,000 Q3 22 Q4 22 == Loaded FFEK Q1 23 23 Q2 23 Q3 23 MAERSK 500

View entire presentation