Maersk Investor Presentation Deck

Ocean highlights FY 2020 Significant EBITDA increase 2020 was significantly impacted by higher freight rates, lower bunker price and lower operational costs 28 USDm 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 4,436 EBITDA FY 2019 Annual Report 2020 -806 Volume effect 1,994 Freight rates effect 414 Bunker price 119 Container handling cost, excl. volume effect 285 Network cost and bunker consumption 58 SG&A, net FX impacts and Others, incl. restructuring costs 49 Unrealised derivative losses on inventory hedges 6,549 EBITDA FY 2020 MAERSK

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