Maersk Investor Presentation Deck

Clear capital allocation and strong shareholder returns USDbn 5 3 N 1.4 0.5 2016 Share buy-backs 2017 Classification: Internal 0.5 2018 Dividends 1.3 2019 1.2 2020 2.4 2021 2.5 2022 2.5 2023 Timing of share buy-back figures in 2022 and 2023 are indicative, and dividends for 2022 and 2023 are illustrative Cash flow to be used for: Investing in organic growth, particularly in Logistics Repayment of debt Selected acquisitions Payment of dividends ● ● Dividend policy between 30-50% of underlying net profit Excess cash to be returned via share buy-back or extra-ordinary dividends Accelerated existing share buy- backs in 2021 New USD 5bn programme over two years (2022-2023) MAERSK

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