Maersk Investor Presentation Deck

Highlights Q2 2020 Logistics & Services ● ● 15 Revenue was on par with last year, with volumes declining due to the challenging market environment, while profitability continued the positive trend. Gross profit increased by 22% and EBITDA more than doubled to USD 97m supported by cost measures, margin improvements in intermodal, Performance Team acquisition and favourable market situation in air freight forwarding. KGH Customs Services acquisition announced, subject to regulatory approval, will significantly improve overall offering within customs services through digital solutions and technology. Q2 2020 interim report Development in gross profit and gross profit margin (%) 6 400 350 300 250 200 150 100 50 0 Q1 19 Q2 19 Revenue Gross profit EBITDA EBITDA margin Gross capital expenditures Q3 19 Gross profit Q1 20 Q4 19 Gross profit margin Q2 2020 (USDm) 1,569 361 97 6.2% 35 Q2 2019 (USDM) 1,579 295 46 2.9% 28 Q2 20 H1 2020 (USDM) 3,011 667 165 5.5% 58 25% 20% 15% 10% 5% 0% H1 2019 (USDM) 3,100 576 94 3.0% 37 MAERSK

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